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920 S K St
Lake Worth, FL 33460 SOSA

$799,000 USD

Apartments For Sale  •  2,450 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,450 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 6.82 %
  • Zoning C
30 Transit Score
60 Walk Score

Highlights

Strong In-Place Income: Four 1-bedroom units generating approximately $76,800 in annual gross income.
Desirable Unit Mix: Four highly rentable 1-bedroom/1-bath units offering broad tenant appeal.
Attractive Investment Opportunity: Well-positioned multifamily asset in an established Lake Worth Beach neighborhood.
Prime Location: Minutes from Downtown Lake Worth Beach, dining, shopping, entertainment, and the Intracoastal.
Excellent Accessibility: Convenient access to I-95, West Palm Beach, and major Palm Beach County employment centers.

Financial Summary (Actual)

Net Operating Income: $54,481 USD (2025)
Cap Rate: 6.82 %
Total Expenses: $22,319 USD

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.0 mi
11 min - 5.8 mi
AirportDriveWalkDistance
Palm Beach International 16 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants