925 S K Street, Lake Worth Beach, FL 33460

1967

YEAR BUILT

$3,680,000

LISTING PRICE

MultiFamily (5+ Units)

TYPE

MLS#: RX-11071652

Type of Building: Resident. Multi-Fam.


For More Information Call:

561-283-4663

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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This listing is courtesy of RPM LUXE REALTY. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Acres0.32 acres
  • Available DocumentsSurvey
  • Available InformationCopies of Lease and Existing Survey
  • CityLake Worth Beach
  • ConstructionCBS and Concrete
  • CoolingOther
  • CountyPalm Beach
  • Expenses: Insurance$10,800
  • Expenses: Maintenance & Repair$4,800
  • Expenses: Miscellaneous$1,400
  • Expenses: R.E. Taxes$40,543
  • Expenses: Total Expenses$71,943
  • Expenses: Utilities$14,400
  • Fire ProtectionSmoke Detector
  • FlooringTile
  • For LeaseNo
  • For SaleYes
  • HeatingOther
  • LeaseAnnual
  • Legal DescriptionADD 1 TO TOWN OF LAKE WORTH LTS 15 & 16 BLK 26
  • List Price$3,680,000
  • List Price/SqFt$429.91 / sqft
  • Listing DateFriday, March 14th, 2025
  • Listing IDRX-11071652
  • Listing Price$3,680,000
  • Listing StatusActive
  • Monetary Info: Gross Operating Income$348,860
  • Monetary Info: Net Operating Income$276,917
  • Monetary Info: Other Income$8,300
  • Monetary Info: Source of ExpensesOwner
  • Monetary Info: Total Expenses$71,943
  • Number of Meters17
  • Number of Stories2
  • Number of Toilets17
  • Percent Air Conditioned100%
  • PossessionAt Closing
  • Property Description16 Unit Building
  • Property TypeCommercial
  • Real Estate Taxes$40,542
  • RoofComp Shingle
  • Sale IncludesBuilding and Land, Equipment and Fixtures
  • SecurityFence, Security Sys-Owned and TV Camera
  • Special InformationNone
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateFriday, March 14th, 2025
  • Street NameK
  • SubdivisionLake Worth Town Of Add 1
  • Tax Year2024
  • Tenant PaysElectric
  • Terms ConsideredCash and Conventional
  • Total Building SqFt8,560 sqft
  • Total Units in Building16
  • TypeMultiFamily (5+ Units)
  • Type of BuildingResident. Multi-Fam.
  • UtilitiesElectric, Public Sewer, Public Water and Separate Meter
  • Virtual TourYes
  • WaterfrontNo
  • Waterfront DetailsNone
  • Year Built1967
  • Zip Code33460
  • ZoningSF-R(c

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