Lake Worth Beach, FL Multifamily Homes For Sale

Duplex for sell , very stable income , priced very aggressively for quick sale, 100k under appraiser value, each tenant pays $2200 rent per month, total monthly income $4, 400, goi $52, 800 annual income, this is 12% return on 430k purchase. Buy this property and receive high income from the first day , no hoa, no restrictions, located 2 minutes from i-95, next to a good high school, 3 minuts from downtown lake worth and the beach.

Built in 1952, the property totals 2, 354 gross square feet and is situated on a 0.08-acre lot. The building is of wood frame construction with a flat built-up roof. The unit mix consists of one two-bedroom/two-bathroom unit, one two-bedroom/one-bathroom unit, and one one-bedroom/one-bathroom unit, offering a flexible layout that appeals to a range of tenant types. The varied unit mix provides both larger floorplans and smaller, more affordable options within a compact footprint. The property is located just north of downtown lake worth beach, providing convenient access to lake avenue's dining, retail, and entertainment corridor, as well as the intracoastal waterway and lake worth beach park. Nearby employment drivers include jfk medical center, local municipal offices, and surrounding service-based employment throughout palm beach county.

An exciting investment opportunity in the heart of lake worth beach! Ideally positioned less than two blocks from vibrant downtown and less than a mile from the beach and golf course, this charming spanish revival property offers exceptional appeal for investors, rental property buyers, and those exploring multifamily possibilities. Located in the desirable mango groves neighborhood, this 3-bedroom, 2-bathroom home combines historic character, a prime location, and a versatile layout with plenty of potential. The thoughtfully designed split floor plan provides flexibility for different living arrangements, while ceramic tile flooring and a spacious kitchen with abundant cabinetry offer practical features for everyday living. With several important improvements already completed, this property presents an attractive opportunity for buyers looking to expand their real estate portfolio. Updates include a 2020 roof, 2020 tankless water heater, updated electrical components, and newer a/c ductwork. Whether you're considering a long-term rental investment, an owner-occupied income property, or exploring potential multifamily configurations, this property offers a variety of possibilities to consider, subject to applicable zoning and city approvals. Its distinctive spanish revival architecture and established neighborhood setting add to its appeal, creating an opportunity to invest in a property with both character and potential. Location is one of this property's greatest advantages! Situated along charming m street, surrounded by mature trees and historic homes, residents can enjoy easy access to downtown lake worth beach's restaurants, boutiques, art galleries, entertainment, and year-round community events. Beautiful beaches, bryant park, the snook islands, and nearby golf courses are all within convenient reach. With palm beach island, palm beach international airport, brightline, tri-rail, and i-95 nearby, the location offers excellent connectivity throughout south florida. Combining a sought-after coastal setting, convenient access to local attractions, and flexible investment possibilities, this property is an opportunity investors won't want to overlook. Bring your vision and explore the potential of this lake worth beach investment!

Two houses on this property! The main house is a 3 bed 2 bath that includes ceramic tile, wood and vinyl flooring. Perfect property for investors or someone looking to move in and continue renting the back house out! Convenient location close to lake worth beach, shopping and dining.

Your key lime dream! Historic lake worth beach home and cottage ready for your personal touch. Perfect for an owner occupant or as an investment opportunity with substantial income potential. The main house is 2 bedrooms and 1 bath, with a spacious dining and living room, vintage kitchen and a large fenced in yard, with plenty of room for a pool. The charming detached cottage is complete with a kitchen, bathroom, living room/ bedroom and its own outdoor space. Both units have separate gas & electric meters, access to an on-site washer and dryer and off street parking. Property is blocks to downtown, a few minutes to the beach and centrally located in palm beach county. Bring your tape measure and your tool belt!

Excellent investment opportunity at 920 s k st in lake worth beach, featuring a 4-unit multifamily property comprised of four 1-bedroom/1-bathroom units. Each unit is offered at $1, 600 per month, providing approximately $6, 400 in monthly gross operating income and $76, 800 annually. The property offers investors the opportunity to acquire a well-positioned multifamily asset in an established residential neighborhood with strong access to the surrounding palm beach county market. Conveniently located just minutes from downtown lake worth beach, residents enjoy easy access to local restaurants, shopping, entertainment, the intracoastal waterway, and south florida's beaches. The property is also conveniently positioned near i-95 and other major transportation corridors, providing connectivity to west palm beach, surrounding employment centers, and destinations throughout palm beach county. With four highly rentable 1-bedroom units, a central location, and convenient access to both everyday amenities and major south florida destinations, 920 s k st represents an attractive opportunity for investors seeking a multifamily property in the growing lake worth beach market.

Excellent investment in an excellent location! This is a well maintained 5 unit building on 4 lots with lush landscaping and beautiful oak trees with 4 -2 bedrooms and 1 -1 bedrooms which brings in excellent rents. There has been special improvements to the building including new impact glass windows, new customized roof, tankless hot water heaters, new updated electrical system, upgrades to the inside including complete remodel in # 3, complete panting in 2022, fully fenced in yard, and many more! There is also coin laundry on the premises. Truly a must see, make offer!

Excellent investment opportunity in lake worth beach! This concrete block duplex features a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, conveniently located near downtown. The 2/1 has been updated with a newer kitchen and is very clean. The 1/1 has been refreshed with new flooring, paint and new appliances. Additional features include a common laundry area with washer/dryer hookups in a separate, locked utility room and updated electrical panels. Great opportunity for an investor seeking an income-producing property in a convenient lake worth beach location close to downtown, dining, shopping, arts and entertainment. Please do not disturb the tenants or walk the property. Showings are available with the listing agent by appointment, with ample advance notice required to coordinate with the tenants. Schedule your showing today and take a closer look at this investment opportunity!

Great investment! All three units are currently rented. Two units are leased at $1, 800 per month and one is leased at $1, 900 per month. Two units are in leases and one is month to month. Great central location for investment.

Buyers should independently verify zoning, permitted uses, setbacks, and development requirements with the appropriate municipal authorities to construct 2nd bldg - 3-bedroom+office sfh cottage w/ development potential beautiful, clean & charming cottage featuring 2 bedrooms + home office, comfortable living with flexible space for a home office, guest room, or creative studio. Also includes off-street parking in the rear, a valuable convenience. Close to shopping, dining, entertainment, beaches and everyday amenities, making this an excellent opportunity for homeowners, investors, or anyone looking for a convenient location with character. Potential for additional development: current zoning may allow for a second building to be constructed on the property. Wonderful opportunity

Duplex opportunity in lake worth beach featuring 1, 240 square feet of finished living space. This residential income property offers an excellent foundation for ownership and long-term wealth building. The single-story layout provides practical, efficient design. Located in the lake worth town of add 1 subdivision, this property presents a solid investment for buyers seeking tangible assets with lasting equity potential.

Fully fenced, concrete-block duplex located on a quiet street. The owner just updated the rear unit's kitchen and bathroom, and painted the building exterior, driveway, and walkways. The front unit is a 1 bed /1 bath with its own private front porch and driveway parking. The rear unit is 3 beds /1 bath with 2 exterior doors and a large backyard. Both units are occupied by month to month long-term, good tenants, with total current rents at $4, 400/month. Roof is approximately six years old. The owner also recently installed a separate second water meter, so each tenant now pays their own utilities creating lower operating costs for the next owner. There is a washer/dryer hookup included in the storage shed. Located close to us 1, downtown, restaurants, shops, and the lake worth beach pier. Showing by appointment with proof of funds or bank pre qualified letter

Great opportunity to own a duplex in lake worth beach! 1114 s m street offers two separate living units with private entrances, creating flexibility for an owner-occupant, investor, or multigenerational household. The front unit features 2 bedrooms and 1 bathroom, along with a comfortable living area and updated kitchen with granite countertops. The rear unit offers 1 bedroom and 1 bathroom with its own kitchen, living space, and private entrance. Additional features include impact windows, updated plumbing with pvc sewer lines, private laundry, and a spacious backyard with room to enjoy south florida outdoor living. Conveniently located near downtown lake worth beach, dining, shopping, entertainment, and the beach.

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!

Cash flowing triplex on massive quadruple sized lot near historic college park, just south of west palm, and minutes to the beach or intracoastal. Features a 3 bedroom two bathroom house and two efficiency units in a separate buiilding. Multi-family property use code may allow for additional units to be built on the property. The single-story layout provides for straightforward property management and accessibility. Positioned as an investment opportunity, this multi-unit residence presents as an option for those seeking diversified real estate holdings. The property's structure supports multiple ownership income streams within one conveniently designed package.

Exceptional triplex in an exceptional location just steps to the intracoastal and walking distance to the beach, downtown, shops, and restaurants. There are parks, fishing piers, hiking trails, and a workout pavilion along the intracoastal. This triplex has impact windows metal roof, a new full perimeter fence and off street parking in the rear. There is also a shared coin operated laundry available. The 3 units are all currently rented. 1st floor has two units: the front facing unit is a 1br/1 ba ; the rear facing unit is a studio. The entire 2nd floor is a fully renovated 2 br/1 ba unit with great cross-ventilation, lots of natural light, all new stainless steel appliances, vinyl plank flooring, recessed lighting, ceiling fans, and all neutral tones throughout. There is a nice tropical semi private area for relaxing outside. This is truly a must- see property. Make offer!

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 $127, 000 in annual gross revenue.

Investment, income & location — a rare opportunity near the heart of downtown lake worth beach! New roof! Whether you are looking to expand your real estate portfolio, purchase a property with existing rental income, or live in one residence while generating income from the other, this versatile duplex offers an increasingly difficult-to-find combination of location, flexibility & future potential. The property features two separate living units, with one unit currently tenant occupied, creating the opportunity for immediate rental income while preserving multiple options for the next owner. Offering approximately 1, 137 sqft of living with 3 bedrooms and 2 baths in total, this property provides an attractive footprint for an investor or owner-occupant seeking an income-producing property close to downtown lake worth beach. A major recent improvement is the brand-new roof installed in 2026, an important capital upgrade that adds substantial value to the property. The property also offers no hoa and convenient parking for multiple vehicles directly in front—valuable features for both occupants and rental-property ownership. But what makes this opportunity especially compelling is location, situated just minutes from the restaurants, cafés, entertainment, shopping, galleries and nightlife of downtown lake worth beach, the property places its next owner near one of palm beach county's most distinctive coastal downtown districts while remaining convenient to the intracoastal, parks, golf, major roadways and the atlantic ocean. And downtown lake worth beach continues to attract significant attention and investment. The landmark gulfstream hotel, originally opened in 1925, is undergoing a major restoration and is being positioned as a marriott tribute portfolio property. Its redevelopment is part of a larger hospitality and residential project at the eastern gateway to downtown—another major investment in the continued evolution of lake worth beach. The downtown district is also benefiting from additional public and private initiatives, including new residential development, cultural and arts projects, infrastructure investment and expanded parking plans. The proposed wmoda cultural arts campus is designed to bring a museum, residential units, artist-oriented spaces and community activities into the downtown area, while additional projects continue to add housing and economic activity. At the same time, the lake worth beach community redevelopment agency is actively promoting the city's growing culinary scene through its "find your flavor, find it downtown" initiative, highlighting the restaurants, cafés, entertainment venues and locally owned businesses along and around lake and lucerne avenues. Opportunities combining these characteristics at this price point near a vibrant coastal downtown are increasingly difficult to duplicate. Whether your objective is rental income, portfolio expansion, an owner-occupied investment strategy or long-term ownership in lake worth beach, 17 s d street deserves serious consideration. Come discover the property—and the investment potential behind the address. Property information, measurements, rental information, permitted use and development possibilities should be independently verified by buyer. Existing tenancy is subject to applicable lease terms.

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.

Great investment property in the heart of lake worth with 3 bedrooms and 2 full baths on one side rented for $2200.00 per month and 2 bedrooms and 2 full baths on the other side rented for $1900.00 per month. Tile flooring throughout, large master bedrooms and fenced yard.

Mixed use/ commercial zoning (mu-e) development opportuniy. A duplex with month-to-month tenants currently occupies this lot in a neighborhood surrounded by new development in lake worth beach. Base zoning allows for development of 4 residential units or a mix of low intensity commercial uses. Property has two separate electric meters, one water meter. Lot is 50.5 x 136 (.16 acres).

Discover an excellent investment opportunity in lake worth beach, fl, just minutes from south palm park! This charming, single-story duplex features two separate one-bedroom units, each with a living room and full kitchen, offering flexibility for investors or owner-occupants seeking rental income. Each unit has its own parking area for added convenience. A welcoming covered front porch and a large shade tree create inviting curb appeal, while low-maintenance laminate and tile flooring simplify upkeep. Both kitchens feature granite countertops, a pantry, and a gas stove. Enjoy a convenient location near lake worth beach's parks, local shops, dining, and coastal attractions, making this duplex an appealing opportunity to invest in south florida living.

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.

This is a truly unique property in this predominantly single-family home neighborhood east of federal highway and just one block from the golf course and intracoastal. Property zoned multi-family/duplex with two separate meters. Must see! This stunning property was completely renovated in 2021/2022. The main house is 2/1 with a 2/1 guest house (second unit). Currently operating as a very desirable airbnb with great revenue. Each unit shows like a model. No detail was overlooked in its renovation. High-end finishes are throughout. Front unit is 1, 066 s.F. Under air. Bright and sunny living space, real oak wood floors, open kitchen with stand-alone coffee bar, formal dining room, two two bedrooms and bath with walk-in shower and a large wood deck where you can enjoy outdoors. Owner has plan for a pool for this area. The rear unit is 660 s.F. Under air and has its own kitchen, two bedrooms and bath, plus a large room that can be used for storage or turned into a walk-in closet. And it has its own private open patio that is fully fenced. All hurricane impact windows and doors, recessed lighting, custom window treatments, walk-in closets, professional landscaping. Separate private entrances. Back unit has off-street parking from the alleyway. Downtown and the beach are just minutes away. Furnishings negotiable.

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.

Beautifully maintained lake worth beach legal duplex! Two houses on one lot: single family 3/2 main house and separate 1/1 cottage! Located in the desirable eden place, this is perfect for seasonal or short-term rentals or to move in and enjoy while having an income. No leasing restrictions! Both houses have their own central ac, water heater, and separate utilities. Main house has wood floors throughout, walk-in closets, and newer kitchen cabinets. Carport fits 2 cars and offers plenty of storage space! Cottage has tile floors throughout and a cozy and private courtyard, perfect for morning coffee/tea or relaxing with friends. Close enough to downtown lake worth beach to enjoy it, but just far enough for quiet evenings at home.

Investor alert! Prime lake worth location with exceptional income-producing potential! This unique property features a 3-bedroom, 1.5-bath single-family home plus a separate two-story building with two independent 2-bedroom, 2-bath apartments, one on each floor. The house and apartment building have separate entrances, offering flexibility for rental income, multi-generational living, or an owner-user investment strategy. The property is in need of renovation, presenting an excellent opportunity to remodel, add value, and maximize rental potential. Located in a desirable lake worth area close to shopping, dining, major roads, and all that south florida has to offer. A rare opportunity for investors looking for multiple income streams and strong upside potential in a great location.

Offered as-is and sold together as one package: two commercial mixed-use parcels featuring three freestanding buildings on a combined total 9, 583-square-foot for both lots. 523 dixie includes a 1, 280-square-foot, two-story duplex with a nightclub property-use code, configured for two one-bedroom units and two bathrooms. Unfinished construction includes framing, cooling ductwork and impact windows, ready for completion by the new owner. The property also offers a large front courtyard, rear parking and a separate 616 square-foot garage/storage building on a 6534-square-foot lot. 527 dixie features a one-story nightclub/bar with two bathrooms, electrical service, new 2026 a/c, and rear/side parking. Two electric meters serve the properties.