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Lake Worth Beach Multi-Family Portfolio

$10,799,000 USD

Multifamily For Sale  •  18,637 SF

8 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 8.26 %
0 Transit Score
90 Walk Score

Highlights

Lake Worth Beach offers a vibrant mix of natural beauty and lively culture
The pristine, sandy shores and crystal-clear waters make it perfect for sunbathing, swimming, and a variety of water sports
The iconic Lake Worth Pier is ideal for fishing and provides breathtaking views of the Atlantic Ocean
Its blend of relaxation and entertainment makes it a must-visit spot for anyone
The city features a lively downtown area with unique shops, galleries, and a variety of dining options
With its convenient location near major highways and airports

Property Flyers

Financial Summary (Actual)

Net Operating Income: $891,825 USD (2023)
Cap Rate: 8.26 %
Total Expenses: $295,044 USD

Public Transportation

Commuter RailDriveWalkDistance
Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min 8 min 0.4 mi
Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 6.3 mi
AirportDriveWalkDistance
Palm Beach International 15 min - 8.2 mi
David Joseph 561-789-7726 The Keyes Company
David Joseph 561-789-7726 The Keyes Company