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Business Opportunity - Lake Worth Town Add 01 for Sale

506 S M ST, LAKE WORTH BEACH, FL 33460

Asking Price$1,429,774

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  • Living 1728sqft
  • Year Built 1925
  • Days on market:

    17 day(s)
  • Price per sqft:

    $827.42
  • Tax Legal Description:

    ADD 1 TO TOWN OF LAKE WORTH LT 8 BLK 1
  • Tax Year:

    2023
  • Property Type:

    Business Opportunity
  • Style:

    Fourplex
  • Boat Dock/Water Access:

    None
  • Construction Type:

    Concrete Block ConstructionOther Construction
  • Cooling Description:

    Electric Cooling
  • Heating Description:

    Electric Heat
  • Floor Description:

    Other Floors
  • Exterior Features:

    FencePatio
  • Sewer Description:

    Other Sewer
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,429,774 • living size area 1728 sqft

Gross revenue: $155k - nestled on the peaceful m street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. the property includes: one 1-bedroom/ 1-bath apartment, one 2-bedroom/ 1 bath apartment, two studio apartments with 1 bath each. this property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants. just minutes away from downtown lake worth beach and the atlantic ocean, it offers unmatched convenience and lifestyle appeal, drawing a consistent stream of airbnb guests and potential tenants.

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