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402 S Ocean Breeze Street

Lake Worth Beach, FL 33460
  • $2,219,516
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: RX-11010273
UPDATED: 37 min ago
$2,219,516
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,044
    SQFT
  • $729
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1941
County:

School Ratings & Info

Description

PROPERTY HIGHLIGHTSThis exceptional multi-family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income-generating assets in a highly desirable area.

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www.twentyeightrealtyco.com/homes/153386024
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402 S Ocean Breeze Street Lake Worth Beach, FL 33460

  • Price: $2,219,516
  • Status: Active
  • On Site: 32 Days
  • Updated: 37 min ago
  • MLS #: RX-11010273
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,044
SQFT
$729
$/SQFT
1941
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
PROPERTY HIGHLIGHTSThis exceptional multi-family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income-generating assets in a highly desirable area.
Exterior Features

Roof Other

Interior Features

Bath Toilets 6.00 Cooling Electric Flooring Other Heating Electric Percent Air Conditioned 100.00

Property Features

Auction No Available Docs None Available Info None Fire Protection Smoke AlarmSmoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association of the Palm Beaches (RAPB) Possession At Closing Sale Includes Building and LandFixturesFurniture Tax Amount Real Estate Taxes 17469.50 Tax Year 2023 Tenant Pays Electric Terms Considered CashConventional Type Of Building CommercialResident. Multi-Fam. Use Income Utilities CableOtherPublic SewerPublic Water Zoning MF-20(

Listing provided courtesy of The Keyes Company: . Listing information © 2024 BeachesMLS
 
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Twenty Eight Realty Co.
34990 Emerald Coast, Suite 380
FL, 32541