Description

Rare opportunity to acquire a fully occupied, income-producing 4-unit multifamily property in the heart of Lake Worth Beach, FL. Each unit has been recently upgraded with central AC, new flooring, modern lighting, and renovated kitchens and bathrooms, and the property also includes a coin laundry room for additional income. The building generates almost $7,000 per month and offers immediate cash flow with upside potential through rental growth and operational improvements. Ideally located just minutes from downtown Lake Worth Beach, the area’s beaches, I-95, and Palm Beach International Airport, this investment combines stable income with long-term appreciation potential.

Address

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Address: 18th Ave N
City: Lake Worth
State/county: Palm Beach County
Zip/Postal Code: 33460
Area: NORTH LAKE WORTH

Details

Updated on January 9, 2026 at 6:00 am

Property ID A11939871
Price $925,000
Property Size 2484 Square Feet
Year Built 1970
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 3036
BuildingAreaUnits Square Feet
BuildingName NORTH LAKE WORTH
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2026-01-08
Cooling Central Air
DaysOnMarket 1
DocumentsAvailable Other Available Information, Rent Rolls
ExpirationDate 2026-06-06
Flooring Other, Vinyl
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 7864830826
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor North Lake Worth
MajorChangeTimestamp January 9, 2026 at 02:04am
MajorChangeType New
MlsStatus Active
ModificationTimestamp January 9, 2026 at 06:00am
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2026-01-08
OriginalEntryTimestamp January 9, 2026 at 02:04am
OriginalListPrice 925000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 38434415160430140
ParkingTotal 4
PhotosChangeTimestamp January 9, 2026 at 02:05am
PhotosCount 31
Possession Funding
PostalCodePlus4 6702
PriceChangeTimestamp January 6, 2026 at 07:01pm
PublicSurveyRange 38
PublicSurveySection 15
PublicSurveyTownship 38
RentIncludes Other Rent Incl
Roof Other, Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 424979752
StateOrProvince FL
StatusChangeTimestamp January 9, 2026 at 02:04am
Stories 1
StoriesTotal 1
StreetName 18th Ave N
StreetNumber 1008
StreetNumberNumeric 1008
StructureType Quadruplex, Fourplex
SyndicationRemarks Rare opportunity to acquire a fully occupied, income-producing 4-unit multifamily property in the heart of Lake Worth Beach, FL. Each unit has been recently upgraded with central AC, new flooring, modern lighting, and renovated kitchens and bathrooms, and the property also includes a coin laundry room for additional income. The building generates almost $7, 000 per month and offers immediate cash flow with upside potential through rental growth and operational improvements. Ideally located just minutes from downtown Lake Worth Beach, the area’s beaches, I-95, and Palm Beach International Airport, this investment combines stable income with long-term appreciation potential.
TaxAnnualAmount 11690
TaxLegalDescription NORTH LAKE WORTH LT 14 BLK 43
TaxYear 2024
YearBuiltDetails Resale
Zoning SF-TF-14