Lake Worth Town, 1021 N Palmway

Beds
1,548
SqFt
$360
$/SqFt
Premium Multifamily
Built in 1930
Patio
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.
MLS Number: R11009162
On Site: 777 Days
Updated: 773 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Patio
      Interior, Heating and Cooling
      • Heating Description: Electric
      • Cooling Description: Electric
      Building and Construction
      • Floor Description: Other
      • Year Built: 1930
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-08-02T08:37:19.000-00:00
        Taxes, Fees & More
        • Taxes: 10151
        • Total Units in Building: 2

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        08/02/2024
        Listed
        $557K
         
        $360 ft2
        $3,876 m2
        08/02/2024
        $557K
        Event
        Listed
        Price Per
        $360 ft2
        $3,876 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by David JosephThe Keyes Company • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        67

        100
        Bike Score®
        Biker's Paradise. Daily errands can be accomplished on a bike
        95

        100
        Sound Score®
        Very loud
        73

        100
        Airport Score
        Close to airports. Noticeable airport activity
        1

        100
        Traffic Score
        Congested area. Frequent traffic delays
        34

        100
        Local Score
        Limited local amenities nearby
        8

        100
        Community Snapshot
        1 – 5 BR
        Bedrooms
        $110K – $1.5M
        Price Tier
        360 - 8,560
        SqFt Range
        1950
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Golf Course
        None
        Sidewalks

        Lake Worth Beach
        Premium
        Premium Homes & Condos