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927 S Pine St, Lake Worth, FL 33460

$1,700,000
  • 927 S Pine St, Lake Worth, FL 33460 Main Photo

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Active
BEDS0 BATHS SQUARE FEET5,724 MLS#A11969195
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLAKEVIEW HEIGHTS ADD 4

Property Description

AGGRESSIVE VALUE-ADD PLAY ? 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!Attention value hunters ? 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside thats getting harder to find in todays market.This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.Property Snapshot:8 market rate apartments individually metered for water & electricFour 1BR/1BA units averaging $1,600/monthFour 4:2BR/1BA units averaging $1,800/monthcollecting Over $13,000 monthlyTenants pay ALL utilities Solid concrete block constructionBrand new roof = reduced near-term capexRecent capital improvements keep operating costs lowWhy this Location Performs:Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand.Why This Deal Hits:Strong in-place cash flowMinimal operating expensesMajor capital item already completedClear value-add opportunity with upside on rentsIdeal for a hands-on investor ready to push performanceStabilized income today ? meaningful upside tomorrow.Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up If you know how to create value, this is your next win.

927 S Pine St | MLS# A11969195

This multi-family property located at 927 S Pine St, Lake Worth, FL 33460 is currently listed for sale with an asking price of $1,700,000. Search Lake Worth real estate on www.adamscameroncommercial.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Detached
Roof Type: Shingle
Stories: 2.0
Taxes: $16,377
Year Built: 1974

Feature Descriptions

Crops Included Y/N: No
Days on Site: 13
Exterior: Concrete Block Construction
Flooring: Ceramic Floor, Concrete
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 38434428060010120
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer

Listed By / Shown By

Listed By

Agency Name: BAWONS Properties, Inc
Agency Phone: 305-509-8336

Shown By

Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120

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Estimated Payment

$ 10,908.70 per month $9,048.11 Principal & Interest $1,364.75 Property Tax $495.83 Homeowner's Insurance

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