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Palm Beach Farms, 4063 Herbertz Rd, Lake Worth Beach, FL, Florida 33461
Details
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Status:
Sold - Mar 14, 2025
Size: 5,880 SqFt (546 m2)
Price: $276/SqFt ($2,966/m2)
Type: Multi Family
Built: 1979
HOA: N/A
MLS Number: R10997031
View: Garden
On Site: 597 Days
Updated: 26 Days ago
Page Views: 0
Investment Opportunity! Excellent Opportunity To Acquire A Strong Cash Flowing Multifamily Asset That Is 100% Occupied And Priced At A 7.5% Cap Rate. Property Consists Of (3) Duplexes For A Total Of 6 Units On Almost An Acre Of Land. Each Unit Has A Similar Floor Plan Comprised Of 3 Bedrooms And 1 Full Bath. Upgrades Vary By Unit And Include Impact Sliders/windows, New Acs (in 4 Of 6 Units), Updated Bathrooms/ Kitchens, New Tile Flooring, Fresh Paint, Etc. The Exterior Was Just Painted, Landscaped, Offers Plenty Of Parking, And New Exterior Lighting. Attached Is A Brochure With More Details.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Laminate,Tile
- Year Built: 1979
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-06-17T20:00:00.000-00:00
Taxes, Fees & More
- Taxes: 16606.4
- Total Units in Complex: 6
Apples-to-Apples Comparables
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Price History
01/09/2026
Date
Listed
Event
$1.6M
Price
$276 ft2 / $2,966 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Daniel DeRogatis • RE/MAX Direct • Buyer Agency Compensation .
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