Lake Worth Beach, FL Multifamily Homes For Sale

Spectacular investment opportunity! Prime income-producing triplex ideally located just steps from vibrant downtown lake worth beach and only minutes from the ocean. Situated on a 0.16-acre lot, this property is zoned 0800 multifamily—allowing for up to five units (or potentially more)! Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from lucerne and lake avenue, an area in high demand with tenants for its walkability and proximity to shops, dining, entertainment, and the tri-rail station. Current tenants are month-to-month, full flexibility to either retain them for steady income or renovate and reposition for higher return. Property in need of rehab and upgrades opportunity in one of lake worth's most sought-after rental corridors! Please drive by only and do not disturb tenants.

Renovated quadplex featuring four spacious 2-bedroom, 2-bath units — each approximately 1, 200 square feet. The property consists of two concrete block duplex buildings on nearly third of acre with newer roofs, impact windows and doors, and updated interiors. Each unit includes washer/dryer or possibility of hook up and separate electric/water meters. Located just minutes from downtown lake worth beach, bryant park, and the oceanfront, this property offers exceptional rental upside in a high-demand neighborhood. Features: ~4, 800 total sq ft concrete block construction new roofs (2022) impact windows & doors throughout ample off-street parking separately metered electric/water potential market rent: $2, 300+/month per unit offered at 5.75% cap rate. Ideal for long-term tenants, short-term rental conversion, or 1031 exchange buyers looking for a stabilized, turnkey asset with upside potential. Possible owner financing with 40% down.

Well-maintained cbs duplex on a quiet residential street in a strong south florida rental market, walkable to lake/lucerne main street. Insurance-favorable construction includes cbs block construction, impact-rated shutters, and concrete tile main roof. Parking behind units accommodates at least 4 vehicles. Each unit is a spacious ~1, 100 square foot 2br/1ba with laundry room including washer/dryer and terrazzo floors. Both units are currently leased on a month-to-month basis and ready for light cosmetic updates, offering clear upside. Electric and water are separately metered for low, predictable expenses. Strong option for investors or owner-occupants seeking flexibility, stability, and value-add potential. Inspection reports available.

Cbs duplex at the gateway to lake worth beach consisting of two 1 bedroom 1 bath units ready for new tenants at market rents which are $1, 500 monthly each $36, 000 yearly. Plenty of off street parking and each unit has their own fenced in backyard.

Duplex in lake worth beach just a few blocks south of lake ave downtown area with restaurants, shops & culture! Walk to the shops, festivals & lake worth beach! Enjoy lake worth's public golf course, boat ramp & intracoastal parks. Great investment with room to grow. Rent both sides or use one side for yourself. Room to build more sqft on the front of the lot. Private driveway & mature mango trees! Great opportunity, make us an offer today!

Do not miss your opportunity to own a duplex. Both units are occupied with reliable tenants. Perfect for a first time purchaser or experienced investor. Schedule a showing today before it's gone!

Charming updated property with income potential. Main home features 2br/1ba, a bright open kitchen with bar seating, refinished original hardwood floors, and impact windows and doors. Enjoy a screened-in front porch and a spacious backyard with pergola-covered deck and fire pit seating area, perfect for relaxing or entertaining. New concrete driveway leads to a 1-car garage and a legal detached 1br/1ba guest cottage, ideal for rental income, guests, or an in-law suite.

Invest in paradise! This charming 1962 duplex at 1202 s m street in lake worth beach offers a stellar cash-flow opportunity and amazing upside. Located less than a mile from the ocean, it features two 1-bed/1-bath units on an oversized corner lot, with plenty of room for expansion, add more units, or create a compound! Lake worth beach's unique artistic character makes it a winter home for artists from all over the world, thanks to its proximity to the pristine beach, world-class restaurants, and spas. Join the big-time investors who are spending billions rebuilding west palm beach and lake worth beach. It's only a matter of time. Buyers should verify any use changes with their investment advisors and the city of lake worth beach.

Fully renovated coastal property in an unbeatable location! Whether you’re searching for a primary beachside residence, a vacation getaway, or an income-producing investment, this unique opportunity offers incredible flexibility. The property features two separate single-family homes being sold together, with the rear home currently generating approximately $2, 850 per month in rental income. Both homes are being offered fully furnished and completely move-in ready, featuring brand-new appliances and stylish modern finishes throughout. Recent upgrades include new roofs, siding, windows, hvac systems, flooring, updated interiors, fresh landscaping, private fencing, pavers, and artificial turf for easy maintenance and year-round curb appeal. Ideally situated just minutes from the beach and within walking distance to local restaurants, shopping, nightlife, and entertainment, this property combines lifestyle and investment potential in one exceptional package. Whether you plan to live in one home and rent the other or maximize both as income-producing properties, the possibilities are endless. Don’t miss your chance to own this turnkey coastal gem—schedule your private showing today!

Charming renovated historic villas (4 units) in downtown lake worth approximately a 1/2 mile to lake avenue and all the downtown action. This location is awesome! These 1/1 units would be a great air bnb location! They have been updated inside and out, all impact windows and doors, new paint inside and out, newer roof, updated fixtures, baths, etc. Ample parking, with streets spots and private parking lot. Only a half mile to downtown lake worth/lake avenue. 7% cap rate.

Two detached homes! Excellent investment opportunity – each home features a separate street address, individual utility meters, private fenced backyard, and two off-street parking spaces. Located just minutes from downtown lake worth and less than two miles from the beach. The property has passed the city of lake worth rental inspection and is approved through 2028. Please note: to respect the privacy of the long-term, reliable tenants, do not disturb them. Showings by appointment only through the listing agent. Proof of funds required to schedule a viewing.

Prime 5-plex income property-water views & expansion development potential. Maximizing return on your investment. Exceptional investment opportunity in the heart of downtown lake worth beach! This well maintained five-plex sits across from intracoastal waterway, offering water views from end unit and potential for even more stunning vistas with a second-story addition.All 5 units are tenant-occupied, ensuring immediate rental income.4 are long term and under rental value. Soo much more income potential. Centrally located within walking distance to the beach, golf course, parks, ampitheatre, fishing pier, and vibrant shops and restaurants, easy access to 1-95 for seamless commuting. Serious inquiries only. Access will be granted upon accepted contract.Note: #5 rented at $1850.00 monthl

Excellent investment opportunity in the heart of lake worth beach! This property features two detached homes on an oversized lot with private parking, both currently rented with good rental income. Prime location just minutes from downtown lake worth beach, lake ave, restaurants, shopping, beaches, the intracoastal waterway, airports, and i-95. Zoned mu-dixie (mixed use dixie hwy), offering exceptional future development and investment potential. Please do not disturb tenants