906 N L St - Apartments FOR SALE


Lake Worth Beach, FL 33460
$1,436,558 USD
561-789-7726
906 N L St, Lake Worth Beach, FL for Sale
$1,436,558 USD
Apartments - FOR SALE
1/40
null | 7.71% Cap Rate

906 N L St
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • This four unit multifamily property consists of 2,553 sq. ft on 6689 sq. ft. of land.
  • Apartment one is a Studio 1 bath unit, apartment two, is a 2 bedroom 1 bath unit.
  • Apartment three is a Studio 1 bath unit, apartment four is a two bedroom 1 bath unit.
  • Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean.

OVERVIEW

Prime Location: Situated on N L St., this property benefits from high visibility and easy accessibility, attracting a steady flow of potential long and short term tenants. This four unit multifamily property consists of 2,553 sq. ft on 6689 sq. ft. of land. Apartment one is a Studio 1 bath unit, apartment two, is a 2 bedroom 1 bath unit, apartment three is a Studio 1 bath unit, apartment four is a two bedroom 1 bath unit. Beautifully landscaped with a fenced in yard. • Proximity to Attractions: Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean, this property offers convenience and lifestyle appeal, attracting a steady flow of visitors, tourists, and potential tenants. • Investment Growth: Situated in a rapidly developing area with increasing property values, this investment promises strong appreciation potential, making it a smart choice for long-term returns and portfolio growth. Highlights Beach Access: Located just a short drive from the beach, the property is attractive for those looking to enjoy coastal living and for businesses catering to tourists and beachgoers. Mixed-Use Potential: The property’s zoning allows for a mix of commercial and residential uses, offering flexible investment opportunities and diverse revenue streams.

FOR SALE DETAILS

PRICE

$1,436,558 USD

PRICE/SF

$563 USD /SF

# OF UNITS

4

PRICE/UNIT

$359,140

CAP RATE

7.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,689 SF

ZONING

SF-TF-14

APN/PARCEL ID

38-43-44-21-15-284-0020

ASK ABOUT THIS PROPERTY

David JosephThe Keyes CompanyMore Info
561-789-7726

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David JosephThe Keyes CompanyMore Info
561-789-7726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.