Log In/Sign Up
Your email has been sent.
1008 18th Ave N
Lake Worth Beach, FL 33460
PRIME 4-UNIT INVESTMENT OPPORTUNITY · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 4-Unit Multi-Family.
- Near Publix and Tri-Rail.
- Gross Income over 7,000/Month.
- Units Renovated.
EXECUTIVE SUMMARY
Don’t miss this income-producing 4-unit multifamily property in the heart of Lake Worth Beach, just minutes from downtown, Lake Worth Beach Park, and major roads like I-95, Dixie Hwy, and Lake Ave.
All units are 1 bed / 1 bath with individual central A/C and assigned parking; two units are currently rented at $1,675/month, while the other two have been fully renovated and are expected to lease soon at $1,850/month—bringing potential gross income to over $7,000/month.
On-site coin laundry adds extra cash flow, and the property sits near major retailers like Publix, the Lake Worth Tri-Rail station, and close to upcoming developments including AvalonBay’s 279-unit apartment project and new residential communities by PulteGroup, signaling strong appreciation potential in this rapidly growing area.
All units are 1 bed / 1 bath with individual central A/C and assigned parking; two units are currently rented at $1,675/month, while the other two have been fully renovated and are expected to lease soon at $1,850/month—bringing potential gross income to over $7,000/month.
On-site coin laundry adds extra cash flow, and the property sits near major retailers like Publix, the Lake Worth Tri-Rail station, and close to upcoming developments including AvalonBay’s 279-unit apartment project and new residential communities by PulteGroup, signaling strong appreciation potential in this rapidly growing area.
PROPERTY FACTS
| Price Per Unit | $318,739 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7.04% | Building Size | 2,484 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1970/1995 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | SF-TF-14 | ||
| Price Per Unit | $318,739 CAD |
| Sale Type | Investment |
| Cap Rate | 7.04% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,484 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1970/1995 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | SF-TF-14 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Dining Room
SITE AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Smoke Free
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 38-43-44-15-16-043-0140 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $552,265 CAD |
PROPERTY TAXES
Parcel Number
38-43-44-15-16-043-0140
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$552,265 CAD
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
