417 N J St - Apartments FOR SALE


Lake Worth Beach, FL 33460
$1,153,499 USD
561-789-7726
417 N J St, Lake Worth Beach, FL for Sale
$1,153,499 USD
Apartments - FOR SALE
1/31
null | 8.29% Cap Rate

417 N J St
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • This unique property is a three unit multifamily property.
  • Apartment 1 is a one bedroom 1 bath unit, apartment 2 is a one bedroom 1 bath, apartment 3 is a one bedroom 1 bath.
  • This property benefits from high visibility and easy accessibility, attracting a steady flow of potential short and long term tenants.

OVERVIEW

Prime Location: Located at 417 N. J. Street, This unique property is a three unit multifamily property, consisting of the following: apartment 1 is a one bedroom 1 bath unit, apartment 2 is a one bedroom 1 bath unit and apartment 3 is a one bedroom 1 bath unit. Professionally designed interiors, with new kitchens and baths. This property benefits from high visibility and easy accessibility, attracting a steady flow of potential short and long term tenants. Proximity to Attractions: Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean, this property offers convenience and lifestyle appeal, attracting a steady flow of visitors, tourists, and potential tenants. Investment Growth: Situated in a rapidly developing area with increasing property values, this investment promises strong appreciation potential, making it a smart choice for long-term returns and portfolio growth. LIST PRICE: $1,153,499 Highlights Beach Access: Located just a short drive from the beach, the property is attractive for those looking to enjoy coastal living and for businesses catering to tourists and beachgoers. Mixed-Use Potential: The property’s zoning allows for a mix of commercial and residential uses, offering flexible investment opportunities and diverse revenue streams.

FOR SALE DETAILS

PRICE

$1,153,499 USD

PRICE/SF

$679 USD /SF

# OF UNITS

3

PRICE/UNIT

$384,500

CAP RATE

8.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

SF-TF-14

APN/PARCEL ID

38-43-44-21-15-116-0240

ASK ABOUT THIS PROPERTY

David JosephThe Keyes CompanyMore Info
561-789-7726

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David JosephThe Keyes CompanyMore Info
561-789-7726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.