927 S Pine St Lake Worth Beach, FL 33460
5,724 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,724 sqft
Price per Sqft $296
Subdivision Lakeview Heights Add 4
MLS Listing ID A11969195
Style Fourplex
HOA Y/N No
Year Built 1974
Annual Tax Amount $16,377
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Attention value hunters — 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside that's getting harder to find in today's market.
This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.
Property Snapshot:
8 market rate apartments individually metered for water & electric
Four 1BR/1BA units averaging $1,600/month
Four 4:2BR/1BA units averaging $1,800/month
collecting Over $13,000 monthly
Tenants pay ALL utilities
Solid concrete block construction
Brand new roof = reduced near-term capex
Recent capital improvements keep operating costs low
Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand.
Why This Deal Hits:
Strong in-place cash flow
Minimal operating expenses
Major capital item already completed
Clear value-add opportunity with upside on rents
Ideal for a hands-on investor ready to push performance
Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up
If you know how to create value, this is your next win.
Location
State FL
County Palm Beach
Community Lakeview Heights Add 4
Area 5640
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Ceramic Tile, Laminate
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 12
Private Pool No
Building
Lot Description Item14Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Others
Tax ID 38434428060010120
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11969195
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