925 S K St Lake Worth, FL 33460
Pineapple Beach NeighborhoodEstimated payment $23,879/month
Highlights
- Water Views
- Cooling Available
- Heating Available
- 13,499 Sq Ft lot
- Ceramic Tile Flooring
About This Home
Boutique 16-Unit Multifamily Jewel available in East Lake Worth Beach FL. 100% Occupied, current 7.52% Cap Rate, Cash Cow!! Property features 16 meticulously maintained, highly desirable, large 1 bedroom 1 bath units and a bonus 2 bedroom 1 Bath in one of South Florida's most sought-after rental markets. 925 S K is poised to deliver consistent and reliable cash flow, ease of management, and significant upside for years to come. Built with durable concrete block/stucco, this property combines robust construction with modern upgrades and minimal deferred maintenance. The roof, replaced less than six years ago, ensures peace of mind for investors. Located in thriving East Lake Worth Beach, this area is a favorite among renters and a proven winner for investors seeking stability and growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $40,542
Year Built
- Built in 1967
Lot Details
- 0.31 Acre Lot
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 8,560 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
- Water Views
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 38434427010260150
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- Lake Worth Town Of Add 1 Subdivision
Building Details
- Operating Expense $71,943
- Net Operating Income $276,917
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | For Sale | $3,680,000 | 0.0% | $430 / Sq Ft |
| 08/07/2023 08/07/23 | For Rent | $1,750 | 0.0% | -- |
| 07/13/2023 07/13/23 | For Rent | $1,750 | 0.0% | -- |
| 06/15/2023 06/15/23 | For Rent | $1,750 | 0.0% | -- |
| 05/22/2023 05/22/23 | Price Changed | $1,750 | 0.0% | $3 / Sq Ft |
| 05/19/2023 05/19/23 | For Rent | $1,750 | -- | -- |
Source: BeachesMLS
MLS Number: R11071680
APN: 38-43-44-27-01-026-0150
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