712-714 S F St - Apartments FOR SALE


Lake Worth, FL 33460- Genesis
$1,900,000 USD
305-509-8336
712-714 S F St, Lake Worth, FL for Sale
$1,900,000 USD
Apartments - FOR SALE
1/18
null | 6.75% Cap Rate

712-714 S F St
Lake Worth, FL 33460
Genesis


HIGHLIGHTS

  • Tenant-Magnet Location
  • Spacious Two Bedroom Apartments
  • Easy Access to Downtown, Jobs, Schools, Parks, Dixie Hwy, and I-95

OVERVIEW

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 less than $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.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

8

PRICE/UNIT

$237,500

CAP RATE

6.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Double Quadplexes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MF30

APN/PARCEL ID

38-43-44-21-15-227-0050

ASK ABOUT THIS PROPERTY

Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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