Lake Worth, FL 33460

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$1,900,000
Annual Taxes:$25,782
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of BAWONS Properties, Inc

THIS DEAL IS PART OF A 32 UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805 809 817 821 S H STRONG VALUE ADD PLAY DOUBLE ...

Description

THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H STRONG VALUE-ADD PLAY — DOUBLE QUADPLEX CASH FLOW BEAST! Serious investors — this is the kind of high-performing, low-expense multifamily asset that rarely hits the market. 714 South F Street, Lake Worth delivers two solid CBS quadplexes (8 total units) with major capital improvements already completed and strong in-place income from day one. Durable construction. Proven cash flow. Built-in upside. PROPERTY HIGHLIGHTS: 2 quadplex buildings (8 total units) Eight spacious 2BR/1BA apartments Over $15,000/month in reliable gross income Owner pays < $600/month in utilities MAJOR CAPITAL IMPROVEMENTS COMPLETED: New AC systems Solid roofs New flooring Updated water heaters Upgraded appliances Result: Minimal near-term capex + strong operating efficiency TENANT MAGNET LOCATION: Positioned in a high-demand rental corridor surrounded by stable, desirable communities. Tenants love the frictionless access to: Major employment hubs Schools Downtown Lake Worth Area beaches and parks Key arteries: 6th Ave, Dixie Hwy, and I-95 WHY THIS DEAL DOMINATES: Strong in-place cash flow low operating expenses Big-ticket improvements already done Highly desirable 2BR/1BA Proven tenant demand Perfect for the hands-on investor who knows how to push rents, tighten operations, and unlock the next level of performance.

Amenities

  • CableAvailable
  • QuarterToHalfAcreLot

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.