Lake Worth Beach, FL Multifamily Homes For Sale

Mega-sized legal-duplex (2 units), for mega-sized rental-income! This fully-occupied lake worth beach workhorse, built in 1980, boasts nearly 4, 000 sq. Ft. Of living space... That's larger than many fourplexes! Both units are deluxe-sized 3/2's... With easy ability to carve out additional bedrooms and bathrooms from the overly spacious floorplans, to amplify rents. Individual electric meters, and individual water meters! Off-street parking, central a/c. Ninety-one luxury-rental residences are currently being built just one block away (the 5-story lake worth station)... A testament to the strong economic vitality of this up-and-coming location. Preferred north side of the city, on a generous-sized corner lot. Prime investment opportunity. Hurry!

2 story townhouse duplex. Each unit features a large 3 bedrooms and 2 bathrooms. The spacious 1 car garage per unit could be turned into an extra bedroom. Separate electric and water meters. Tenants are month to month. Ceramic tile throughout in both units. Few minutes away from i-95, downtown lake worth and abundant shopping.

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.

Cash offers only! Great duplex in lake worth, unit 1 is a 3 bedroom, 2 bath. 2nd unit is 1 bedroom, 1 bath. There is a storage/laundry room currently used by the 1 bedroom unit, separate entrance. Washer and dryer belong to tenent buyer and buyer agent to confirm measurements and information

Exceptional opportunity. .31 of an acre. Two houses and a 3rd building. Large lot in front of second house which provides room for expansion. Stable, financially responsible tenants, willing to stay, on yearly leases. Good school district. All roofs redone 2019. Many fruit trees in backyard. Well sprinklers. Live in the house and have rental income! Va/fha buyers are welcome

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.

This deal is part of a 32-unit portfolio comprising of 927 s pine st, 714 s f, and 805-809-817-821 s h. Aggressive value-add play – 8-unit cash flow machine in lake worth! Attention value hunters — 927 south pine street delivers the kind of 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 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

This deal is part of a 32-unit portfolio comprising of 927 s pine st, 714 s f, and 805-809-817-821 s h strong value-add play — double quadplex cash flow beast! Serious investors — this is the kind of high-performing, low-expense multifamily asset that rarely hits the market. 714 south f street, lake worth delivers two solid cbs quadplexes (8 total units) with major capital improvements already completed and strong in-place income from day one. Durable construction. Proven cash flow. Built-in upside. Property highlights: 2 quadplex buildings (8 total units) eight spacious 2br/1ba apartments over $15, 000/month in reliable gross income owner pays < $600/month in utilities major capital improvements completed: new ac systems solid roofs new flooring updated water heaters upgraded appliances result: minimal near-term capex + strong operating efficiency tenant magnet location: positioned in a high-demand rental corridor surrounded by stable, desirable communities. Tenants love the frictionless access to: major employment hubs schools downtown lake worth area beaches and parks key arteries: 6th ave, dixie hwy, and i-95 why this deal dominates: strong in-place cash flow low operating expenses big-ticket improvements already done highly desirable 2br/1ba proven tenant demand perfect for the hands-on investor who knows how to push rents, tighten operations, and unlock the next level of performance.

Great opportunity to own a duplex in lake worth, both units are 2-1 furnished and currently rented.

Rare value-add opportunity in downtown lake worth! This is the high-upside multifamily deal you’ve been waiting for. Located at 409 4th ave north, this two-story cbs building sits on a prime corner lot just off federal highway and only two blocks from lucerne ave, placing it squarely in one of lake worth’s strongest rental corridors. Property highlights: 8 spacious 2br/2ba apartments below-market rents = immediate value-add potential currently collecting $14, 000/month with room to grow owner utilities under $600/month (includes washers & dryers) durable cbs construction with a 2017 gable roof (approx. 30-year service life) updated plumbing and appliances tenants love this walkable downtown pocket with easy access to major employment centers, schools, restaurants, bars, the beach, and the town of palm beach. Strong fundamentals support both rent growth and long-term appreciation. Why this deal stands out: proven income with upside on rents major capital items already addressed efficient expense profile desirable 2br/2ba unit mix quiet corner lot with great access true value-add without heavy lift stabilized today, scalable tomorrow. Opportunities to reposition an 8-unit this close to lucerne ave without major capital expenditure. These rare value-add assets in downtown lake worth do not last.

This prime investment opportunity offers a turnkey triplex situated on a spacious double lot. All three units are updated and beautifully designed and furnished with in unit washer and dryers. Nestled in the heart of highly desirable lake worth beach, this exceptional triplex offers an unbeatable location mere minutes from the sparkling atlantic shoreline and the serene intracoastal waterway. Residents and tenants enjoy effortless access to pristine beaches, the vibrant downtown scene filled with restaurants, coffee shops, and entertainment, making this a true coastal lifestyle with outstanding income potential. The residence comprises of three beautifully maintained units: two generous two-bedroom, two-bathroom residences and one comfortable one-bedroom, one-bathroom unit. Situated on a 13, 500sf lot, this property offers an expansive outdoor space and the opportunity to add a private pool or other exterior amenities such as a putting green. With a two-car garage and four additional dedicated parking spaces, this is a rare find. Recent improvements include a brand-new roof. Offered turnkey and move-in ready, the triplex is perfectly positioned for immediate occupancy, traditional long-term rentals, or even short-term vacation use, delivering strong cash flow in one of palm beach county's most sought-after coastal markets. Whether you're an investor searching for reliable rental income, a live-in owner looking to offset expenses with tenant revenue, or simply someone who appreciates beachside living with income potential, this rare triplex checks every box. Don't miss the chance to own a fully updated, turnkey multi-family gem in lake worth beach's premier location.

Cash flow monster in downtown lake worth — value add quadplex with an adu. This is the high-performing property, income-producing asset is reliably collecting $8830 monthly with ownership paying less $500/month in utilities. Located at 110 south b street, just one block off lake avenue in the heart of downtown lake worth, this fully rented quadplex with an extra adu delivers the kind of strong, reliable cash flow serious investors demand. 5 total income stream (4-unit quadplex + extra) four 2-bedroom / 1-bathroom units rented at $1900 renovated over the years — reduced immediate capex enhanced income stream thanks to the adu rented at $1180 prime rental location with consistent tenant demand one block off lake avenue. Positioned in a high-demand downtown corridor with easy access to major employment centers, schools, restaurants, the beach, and the town of palm beach. Tenants want to be here — and experienced investors know why why this deal is a win: tenants' magnet location strong in-place cash flow value-add upside potential walkable downtown location whether you’re expanding your portfolio or securing a high-yield foothold in lake worth, this asset checks the boxes. Act fast — income properties in this tenants' magnet location move quickly.

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!

Rare opportunity to acquire a fully occupied, income-producing 4-unit multifamily property in the heart of lake worth beach, fl. Each unit has been recently upgraded with central ac, new flooring, modern lighting, and renovated kitchens and bathrooms, and the property also includes a coin laundry room for additional income. The building generates almost $7, 000 per month and offers immediate cash flow with upside potential through rental growth and operational improvements. Ideally located just minutes from downtown lake worth beach, the area’s beaches, i-95, and palm beach international airport, this investment combines stable income with long-term appreciation potential.

Cozy lake worth duplex with porch, yard & prime location. Live just blocks from the beach and downtown in this charming lake worth duplex that blends character with convenience. This 2-bedroom, 1-bath home features wood-look floors, high ceilings, and large windows that fill the space with natural light. A spacious living area connects to a separate dining room, and the oversized front porch offers a breezy spot to enjoy morning coffee or evening cocktails. The fully fenced backyard is perfect for pets, gardening, or weekend hangouts, and the location can't be beat, just minutes to the intracoastal, bryant park, and vibrant downtown shops and restaurants. Quick access to i-95 makes commuting a breeze, while the laid-back neighborhood offers true south florida charm. Newly remodeled 2 bed 2 bath duplex: updated duplex in lake worth. Featuring hardwood floors in living room and bedrooms, and tile throughout the rest of the home, no carpet! Tons of natural light, stainless steel appliances and granite countertops! Brand new ac! Washer/ dryer are located in the studio in the beautiful fenced in backyard with lots of flowers and fruit trees.

Located in one of lake worth beach's most walkable and desirable areas, this turn-key quadplex offers an outstanding blend of location, lifestyle, and income. Just 1 mile from the beach and steps from lake avenue's shops and restaurants, the property includes four fully equipped 1-bed, 1-bath units with impact windows, tropical landscaping, and off-street parking for four vehicles. A spacious patio creates an inviting outdoor retreat, while established rental operations generate approximately $114, 000 in annual gross revenue.

Location, location, location. Renovated historic villas (4 units) in downtown lake worth approximately a 1/2 mile to lake avenue and all the downtown action. 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

Turnkey triplex in parrot cove - live downstairs, rent upstairs for income or rent units as airbnb! Prime location in lake worth beach's coveted parrot cove / historic lucerne district—just half a block to downtown, one block to the intracoastal, and a 10-minute walk to the beach and pier. Fully renovated triplex featuring a 3bd/2ba first-floor residence with private backyard, quartz countertops, stainless/gas-griddle kitchen, impact windows/doors, newer roof, engineered flooring, central hvac, covered patio, bbq area, w/d, 1-car garage, carport + private parking. Two 1bd/1ba income units upstairs each offer private entrances, w/d, porcelain floors, stainless appliances and dedicated parking—ideal for long-term, seasonal, or airbnb rentals. Walkable coastal lifestyle: boat and jet ski launch nearby, kayak/canoe/paddleboard launch within a few blocks, bryant park for dog owners, shops, cafés and waterfront dining minutes away. The lake worth beach golf club (½ mile away) offers walkable access to an intracoastal-front 18-hole course with clubhouse dining. Major downtown revitalization includes the 1925 gulfstream hotel restoration, featuring 90 restored rooms + 50 new rooms, 85 apartments, rooftop restaurant, pool, spa/fitness center and a 273-space garage boosting long-term area values. Adding to the excitement, vanilla ice's upcoming brewery, rooftop bar, speakeasy and pop-culture museum at 1000 lake ave is in development with an anticipated 2026 opening, enhancing the city's entertainment and tourism draw. Additionally, wmoda (wiener museum of decorative arts) is planning a major mixed-use cultural complex in downtown lake worth beach, including museum space, arts programming and new residential condos further strengthening long-term property values. Turnkey residence + strong income potential just steps from everything lake worth beach offers. All information deemed reliable but not guaranteed.