Multifamily (5+ units) For Sale

402 S Ocean Breeze Street, Lake Worth Beach, FL 33460

$2,219,516
0.15
Property Description

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.

Basic Details
Listing Type : For Sale
Price : $2,219,516
Features
: Electric
Electric
Other
No
Other
Location
US
FL
Palm Beach
Lake Worth Beach
33460
402 S Ocean Breeze Street, Lake Worth Beach, Fl 33460
Extended Details
Virtual Tour URL
LAKE WORTH TOWN OF
08.06.2024
Cash,Conventional
Cable,Other,Public Sewer,Public Water
6
MF-20(
Yes
2023
At Closing
$0
The Keyes Company
David C Joseph
3087729
KEYE24
2.0
100.00
17469.50
Charles L Waites
The Keyes Company
beachesmls
Property TypeMultifamily (5+ units)
StatusActive
Listing IDRX-11010273
Year Built1941
Lot Area0.15
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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