925 K Street, Lake Worth Beach, FL, 33460
925 K Street, Lake Worth Beach, FL, 33460Basics
- Listing updated: April 05, 2025 at 2:54 pm
- Days on Сomwire: 13
- Year built: 1967
- Status: Active
- Price per sqft: $429.90
- Date added: April 05, 2025 at 2:54 pm
- Building size (SF): 8560.00 sq ft
- Acres: 0.32 sq ft
- For Sale: Yes
- For Lease: No
- Listing Office Name: RPM LUXE REALTY
Description
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Description:
Boutique 16-Unit Multifamily Jewel available in East Lake Worth Beach FL. 100% Occupied, current 7.52% Cap Rate, Cash Cow!! Property features 16 meticulously maintained, highly desirable, large 1 bedroom 1 bath units and a bonus 2 bedroom 1 Bath in one of South Florida's most sought-after rental markets. 925 S K is poised to deliver consistent and reliable cash flow, ease of management, and significant upside for years to come. Built with durable concrete block/stucco, this property combines robust construction with modern upgrades and minimal deferred maintenance. The roof, replaced less than six years ago, ensures peace of mind for investors. Located in thriving East Lake Worth Beach, this area is a favorite among renters and a proven winner for investors seeking stability and growth.
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Location
- County: Palm Beach
- Subdivision: LAKE WORTH TOWN OF ADD 1
- Street Direction: S
- State: FL
- City / Department: Lake Worth Beach
- Legal Description: ADD 1 TO TOWN OF LAKE WORTH LTS 15 & 16 BLK 26
- Zoning: SF-R(c
- Land Use: Income
- Parcel ID: 38434427010260150
- Waterfront Details: None
- Utilities: Electric, Public Sewer, Public Water, Separate Meter
Building Details
- Type: MultiFamily (5+ Units)
- Building Type: Resident. Multi-Fam.
- Heating: Other
- Construction: CBS, Concrete
- Floor covering: Tile
- Roof: Comp Shingle
- Real Estate Taxes: $40,542
- Tax Year: 2024
- Cooling: Other
- Docs Available: Survey
- Info Available: Copies of Lease,Existing Survey
Additional Info
- Listing Agent: Rodger P Morelli
- Listing Agent Phone: (561) 929-7317
- Listing Office: RPM LUXE REALTY
- MLS ID: RX-11071652
- MLS Source: Realtor Association of the Palm Beaches (RAPB)