Active

402 S Ocean Breeze Street

Lake Worth Beach FL, 33460

$2,219,516


Active

Commercial

Built in 1941

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.

R11010273

MLS ID

August 6, 2024

Listed

September 13, 2024

Updated

Map

402 S Ocean Breeze Street
Lake Worth Beach FL, 33460

Interior Features

Total Stories

2


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.15 Acres


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

5600


Taxes

$17,470


Tax Frequency

Annually


Days on Market

21


Garage

No


View

No


County

Palm Beach County


Water Source

Public


Pool

No

Listed by: The Keyes Company
Listing Contact: (561) 789-7726 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 2:55 PM UTC, 9/13/2024

 

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