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129 S K Street, Lake Worth FL 33460

Multi-family For Sale
$1,975,000

BTC: 30.76821934

ETH: 1,120.28770123

1 days
0 room(s)
4,064 sqft

Overview

Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2026
Lot:
0.15 Acres
Heating:
Central / None
Price/sqft:
$486
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $350K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$4,789
2025
View
Garden
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Central

    • None

    Cooling

    • Central Air

    • Electric

  • Property

    • Levels: 1

    • Exterior Features: None / Open Balcony

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 38434421150490310

    • Zoning: MF-30 (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $4,789

  • Source details

    • MLS ID: B26043673

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Corner Lot / Less Than 1 Acre / Fenced / Sidewalk

    • Patio And Porch Features: Open Balcony

    • Window Features: Other Windows

    • Architectural Style: One Story

    • Living Area: 4064

    • Water Source: Public

    • Subdivision Name: LAKE WORTH TOWN OF

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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: Universal Realty Associates