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1008 18th Ave N, Lake Worth FL 33460

Multi-family For Sale
$925,000

BTC: 14.45312500

ETH: 529.78235968

145 days
0 room(s)
2,484 sqft

Overview

Rare opportunity to acquire a fully occupied, income-producing 4-unit multifamily property in the heart of Lake Worth Beach, FL. Each unit has been recently upgraded with central AC, new flooring, modern lighting, and renovated kitchens and bathrooms, and the property also includes a coin laundry room for additional income. The building generates almost $7,000 per month and offers immediate cash flow with upside potential through rental growth and operational improvements. Ideally located just minutes from downtown Lake Worth Beach, the area’s beaches, I-95, and Palm Beach International Airport, this investment combines stable income with long-term appreciation potential.

Location

Florida • Lake Worth • 33460 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$372
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$598,000
$390K – $849K
Confidence Low
List vs. estimate
$327K above estimate
List $925,000 · +54.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$372
-19.6% vs. city median $463
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $543K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,690
2024
Parking
4 spaces
All facts and features

  • Flooring

    • Other

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 38434415160430140

    • Zoning: SF-TF-14

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $11,690

  • Source details

    • MLS ID: A11939871

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2484

    • Subdivision Name: NORTH LAKE WORTH

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33460
27
median $380K
Active
Same city
Lake Worth
111
median $485K
Active
Same type
Multi-family
7
median $730K
Active
Similar price
$647K – $1.2M
26
median $759K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc