For Sale
$1,699,000

713 2 AveLake Worth Beach, FL 33460

Eight-unit, updated multi-family property. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a beautifully maintained, eight-unit multi-family property situated on a corner lot in desirable Lake Worth Beach, Florida. The property, located at 713 2nd Avenue S, boasts a total of 4,592 square feet and comprises two buildings. Each of the eight units is attractively furnished. Built in 1950, the property underwent a complete renovation in 2020, resulting in significant upgrades. These improvements include brand new hurricane impact glass windows and doors, fresh stucco, a new roof, refinished floors, updated plumbing and water lines, a completely overhauled mechanical and electrical system, and upgraded lighting throughout. The property also features a spacious backyard, offering ample room for the addition of a swimming pool. Its prime location places it just one block away from the renowned Bamboo Room. Detailed rent rolls are available for review upon request. The owner is also offering a package deal that includes three additional commercial/residential income-producing properties in Lake Worth Beach (805 Lake Ave, 1812 N Dixie Hwy, and 1914 N Dixie Hwy), presenting a unique opportunity for a significant portfolio acquisition. The asking price for this specific property is $1,699,000.

Highlights

  • $1,699,000 asking price.
  • Special purpose property with 4,592 square feet.
  • Eight residential units.
  • Built in 1950.
  • Located at 713 2nd Avenue S, Lake Worth Beach, FL 33460.

Property Details for 713 2 Ave

Property type
Specialty properties
Square Feet
4,592 SF
Year Built
1950
Units
8

Location Insight

City
Lake Worth Beach
County
Palm Beach
State
Florida
Latitude
26.613269
Longitude
-80.056162
713 2 Ave, Lake Worth Beach, Florida

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713 2 Ave
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