Share This Listing

Message

948 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Tenant-Magnet Location 1 Block off Lake Avenue
  • Easy Access to Downtown, Jobs, Schools, Parks, Lake Worth Rd, Dixie Hwy, 6th Ave, and I-95
  • Desirable Unit Mix with Four Two bedroom Apartments + ADU

Executive Summary

CASH FLOW MONSTER IN DOWNTOWN LAKE WORTH — Value Add QUADPLEX with an ADU. This is the high-performing property, income-producing asset is reliably collecting $8830 monthly with ownership paying less $500/month in utilities. Located at 110 South B Street, just one block off Lake Avenue in the heart of Downtown Lake Worth, this fully rented quadplex with an extra ADU delivers the kind of strong, reliable cash flow serious investors demand. 5 total income stream (4-unit quadplex + Extra) Four 2-bedroom / 1-bathroom units rented at $1900 Renovated over the years — reduced immediate capex Enhanced income stream thanks to the ADU rented at $1180 Prime rental location with consistent tenant demand one block off Lake Avenue. Positioned in a high-demand downtown corridor with easy access to major employment centers, schools, restaurants, the beach, and the Town of Palm Beach. Tenants want to be here — and experienced investors know why Why This Deal is a Win: Tenants' Magnet Location Strong in-place cash flow Value-add upside potential Walkable downtown location Whether you’re expanding your portfolio or securing a high-yield foothold in Lake Worth, this asset checks the boxes. Act fast — income properties in this tenants' magnet location move quickly.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $1,347,791 CAD
Price Per Unit $336,948 CAD
Sale Type Investment
Cap Rate 7%
Sale Condition 1031 Exchange
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.16 AC
Building Size 3,420 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1937/2020

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,661 CAD 730 - 740
Studios 1 $1,631 CAD 336
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
38-43-44-21-15-065-0060
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$692,037 CAD
  • Listing ID: 39577537

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 110 S B St, Lake Worth, FL 33460

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}