Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Lake Worth Town Of
  • Year Built 1955
  • Total Sqft 2,043
  • Date Listed 03/03/2026
  • Days on Market 12
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.

Amenities

  • Playground

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • WF Description None
  • Parking Description
  • Exterior Features None

Interior Features

  • Adjusted Sqft 2,043Sq.Ft
  • Sqft 2,043 Sq.Ft

Property Features

  • Aprox. Lot Size 6,750
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot, Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Lake Worth Town Of
  • Subdivision Info Lake Worth Town Of
  • Tax Amount $13,501
  • Tax Year 2025

512 N 9th

Lake Worth Beach, FL 33460

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