Lake Park, FL Multifamily Homes For Sale

Exceptional opportunity to acquire a 10, 000 sf, 8-unit multifamily property in the highly desirable lake park area, just minutes from vibrant downtown west palm beach and the intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central ac and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154, 000 and priced at under $260 per sf, this asset offers both solid cash flow and long-term appreciation potential.

Fantastic duplex available in lake park. This is an ideal rental property or potential house hack opportunity. Directly across from the park. Excellent location close to the beach, i95, and shopping/dining.

Rare opportunity to own this special property consisting of 2 completely separate homes on the same lot. Great for long term rentals, short terms rentals or airbnb. Both homes were newly renovated in 2023 and feature: two year old roofs, new attic insulation, impact windows and doors, kitchens with quartz counters and stainless steel appliances, remodeled bathrooms, newer ac systems, newer water heaters, laminate flooring throughout and tiles in bathrooms. The front house is a 2/2 with a large bonus room, carport, and laundry room. The rear house is a 2/1 with a bonus room, laundry room and lots of privacy- it cannot be seen from the street. Carport, driveway, gravel area and 2nd driveway offer lots of parking. Property also has an rv hook-up. Rv does not convey.

Discover this exceptional 5-unit apartment property, a rare opportunity that combines convenience, comfort, and strong investment potential. Four units feature spacious 2-bedroom, 1-bathroom layouts, while the fifth is a charming standalone cottage, offering privacy and versatility for unique rental opportunities. The property has been meticulously maintained inside and out, with beautifully landscaped grounds that enhance its curb appeal. All tenants are currently on month-to-month annual leases, providing flexibility and convenience for the new owner. Each unit is separately metered for both electric and water, maximizing efficiency and reducing overhead. Residents enjoy central air conditioning, impact windows for added comfort and security, as well as the convenience of an on-site laundry facility. The property also comes equipped with a full surveillance system for enhanced safety. Ideally located just blocks from the scenic intracoastal waterway, the property offers easy access to shopping, dining, and entertainment. The main roof will be replaced prior to closing, ensuring peace of mind and long-term value. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable location.