Commercial property in Lake Worth, Florida 568.56 sq.m. № 2033849
ID2033849
$ 1 900 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
STRONG VALUE-ADD PLAY — DOUBLE QUADPLEX CASH FLOW BEAST! Serious investors — this is the kind of high-performing, low-expense multifamily asset that rarely hits the market. 714 South F Street, Lake Worth delivers two solid CBS quadplexes (8 total units) with major capital improvements already completed and strong in-place income from day one. Durable construction. Proven cash flow. Built-in upside. PROPERTY HIGHLIGHTS: 2 quadplex buildings (8 total units) Eight spacious 2BR/1BA apartments
Over $15,000/month in reliable gross income
Owner pays < $600/month in utilities
MAJOR CAPITAL IMPROVEMENTS COMPLETED:
New AC systems
Solid roofs
New flooring
Updated water heaters
Upgraded appliances
Result: Minimal near-term capex + strong operating efficiency
TENANT MAGNET LOCATION:
Positioned in a high-demand rental corridor surrounded by stable, desirable communities. Tenants love the frictionless access to:
Major employment hubs
Schools
Downtown Lake Worth
Area beaches and parks
Key arteries: 6th Ave, Dixie Hwy, and I-95
WHY THIS DEAL DOMINATES:
Strong in-place cash flow
low operating expenses
Big-ticket improvements already done
Highly desirable 2BR/1BA unit mix
Proven tenant demand
Clear value-add runway for an experienced operator
Perfect for the hands-on investor who knows how to push rents, tighten operations, and unlock the next level of performance.
MLS #: A11971352
Contact the seller
CityLake Worth
Address714 S F St, Lake Worth FL 33460
TypeCommercial property
Living space568.56 m²
- m²
- sq. ft
Completion dateIV quarter, 1973
Parking places8
Price
- Price
- per m²
$ 1 900 000
- EUR €
- USD $
- RUB ₽
- GBP £