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506 S M St, Lake Worth Beach, FL 33460

Multi-family For Rent
$1,429,774

BTC: 15.89407934

ETH: 451.00293041

/mo
34 days
0 room(s)
1,728 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Incredible investment opportunity! Currently bringing in $155k in annual gross revenue! Nestled on the peaceful M Street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. The property includes: One 1-bedroom/ 1-bath apartment, One 2-bedroom/ 1 bath apartment, Two studio apartments with 1 bath each. This property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants.

Location

Florida • Lake Worth Beach • 33460 • Multi-family • For Rent

Facts and features

Type:
Residential Lease
Parking:
Year Built:
1925
Lot:
No Data
Heating:
Electric Heat
Price/sqft:
$827
Cooling:
Electric Cooling
HOA:
No Data
All facts and features

  • Flooring

    • Other Floors

    Heating

    • Electric Heat

    Cooling

    • Electric Cooling

  • Property

    • Exterior Features: Fence / Patio

    Other Property Information

    • Parcel Number: 38434427010010080

    • Zoning: SFR

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $9,677

  • Source details

    • MLS ID: F10465638

    Other facts

    • Construction Materials: Concrete Block Construction,Other Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features:

    • Pool Features:

    • Direction Faces: From North/South on Federal Hwy, left on 6th Ave S, make a right on S M St. Property is located on the right on approach to h Ave S.

    • Living Area: 1728

    • Subdivision Name: Lake Worth Town Add 01

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: The Keyes Company