Exceptional opportunity to own a brand new, never occupied 4 unit multifamily building in the rapidly growing Lake Worth market.


Property

Website:https://www.nestseekers.com/5664674
Address:
Lake Worth, FL 33460
Ownership: For Sale
Type: Unknown
Pets: Pets Allowed
Lot Size: 0.2 Acres

Financials

Price:$1,775,000
Annual Taxes:$4,789.86

Description

Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

Amenities

  • Balcony
  • Corner Lot
  • Electricity Connected
  • Garden
  • Natural Gas Available
  • Other
  • Sewer Available
  • Sidewalks
  • Water Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Universal Realty Associates

Lake Worth FL 33460 USA