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Multifamily in Lake Worth Beach, FL 33460Lake Worth Heights, 1216 N 16th Ave #10
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Closed
$1,240,000
$59KBeds
3,248
SqFt$382
$/SqFtSold - Mar 13, 2026
Premium Multifamily
Built in 1971
Outdoor Living Area
I am excited to share details about an excellent cash flow property that is ready for immediate income generation. This property requires absolutely nothing in terms of maintenance, allowing you to start receiving rental payments from day one.
Key features include:
* **Ready-to-Go:** New appliances throughout the units.
* **Utilities:** Well water irrigation system with an automatic timer.
* **Parking & Amenities:** Two designated parking spaces per unit and private patios.
* **Financial Advantage:** No HOA fees.
The location offers easy access to the I-95 interstate highway. The closest beach is approximately 2.0 miles away (a six-minute drive), and the surrounding area in the City of Lake Worth provides numerous parks and amenities for residents.
This is a must-see investment.
MLS Number: R11134369
On Site: 331 Days
Updated: 29 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea
- View: Other
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: CeramicTile
- Construction Type: Quadruplex
- Year Built: 1971
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: North Grade K-8
- Middle School: Lake Worth
- Senior High School: Lake Worth
Other Property Info
- Listing Date: 2025-10-22T11:32:36.000-00:00
Taxes, Fees & More
- Taxes: 14877
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.3M
Low
$1.2M
Total Change
-4.5%Date
Event
Price
Change
Price Per
03/13/2026
Sold
$1.2M
0%$382 ft2
$4,109 m2
12/15/2025
Price Reduced
$1.2M
-4.54%$382 ft2
$4,109 m2
12/15/2025
Listed
$1.3M
$400 ft2
$4,305 m2
03/13/2026
$1.2M
Event
Sold
Change
0%Price Per
$382 ft2
$4,109 m2
12/15/2025
$1.2M
Event
Price Reduced
Change
-4.54%Price Per
$382 ft2
$4,109 m2
12/15/2025
$1.3M
Event
Listed
Price Per
$400 ft2
$4,305 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Frank Alvarez • Century 21 WC Realty • Buyer Agency Compensation .
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Scores
56
100
60
100
77
100
0
100
29
100
1
100
Community Snapshot
3 – 4 BR
Bedrooms
$615K – $679K
Price Tier
444 - 3,248
SqFt Range
1955
Year Build
1
Total Floors
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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