Multifamily in Lake Worth Beach, FL 33460

Lake Worth Town, 17 S D St #1

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.