512 N 9th AVE N, Lake Worth Beach, FL 33460
512 N 9th AVE N, Lake Worth Beach, FL 33460
512 N 9th AVE N, Lake Worth Beach, FL 33460
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$800,000
Est. payment /mo
4 Baths
2,043 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,043 sqft

Price per Sqft $391

Subdivision Lake Worth Town Of

MLS Listing ID R11168652

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2043

Year Built 1955

Annual Tax Amount $13,501

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Property Description

ROOF 2022 - over $60,000 spent in renovations Desirable Lake Worth Beach location east of US-1. Fourplex with strong in-place income and value-add upside with one unit currently available for lease.
Unit mix and rents:
Unit 512: 2BR/1BA rented at $1,950/month (lease through 12/31/2026)
Unit 518: 1BR/1BA rented at $1,700/month (lease through 11/30/2026)
Unit 516: Studio rented at $1,350/month (lease through 12/31/2026)
Unit 514: Studio currently vacant; market rent approximately $1,350-$1,500/month
4 separate electric meters
Roof approximately 5 years old. Parking for 4 vehicles plus street parking. Six onsite coin-operated laundry machines provide additional income potential. Convenient to K-8 school, downtown Lake Worth Beach, shopping, dining, and the beach With ongoing redevelopment, infrastructure improvements, and continued demand for rental housing, property values in Lake Worth Beach have shown steady appreciation over the past several years. Its location east of US-1 is especially desirable due to proximity to the Intracoastal Waterway, beaches, golf course, dining, shopping, and entertainment.
The city's combination of coastal lifestyle, strong rental demand, and comparatively attainable pricing relative to other Palm Beach County markets positions it for continued long-term growth.
For investors, Lake Worth Beach offers a compelling blend of cash flow potential and appreciation upside in a supply-constrained coastal market.

Location

State FL

County Palm Beach

Area 5600

Zoning SF-TF-

Interior

Interior Features InteriorFeatures

Heating Other

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplace No

Exterior

Exterior Feature None

Utilities Available Cable Available, Sewer Available

Amenities Available Playground

Waterfront Description None

Roof Type Mixed

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot, < 1/4 Acre

Entry Level One

Sewer Public Sewer

Level or Stories One

Structure Type Concrete,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools North Grade K-8

Middle Schools Lake Worth

High Schools Lake Worth

Others

Senior Community No

Restrictions No Restrictions

Tax ID 38434421152840010

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As-Is

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BeachesMLS, Inc. (FLR) IDX
Listed by Michael J Johnston The Keyes Company

Nearby School & Business

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Todd Lipsich

Todd Lipsich

+1(561) 702-3918

Broker / Owner | License ID: BK613860

Broker / Owner License ID: BK613860

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