Lakeview Heights Add 4
$1,700,000
927 S Pine St, Lake Worth Beach, FL 33460
5,724 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit Held, Copy Of Lease(S)
- Architectural Style: Detached
- Cooling: Central Air
- Heating: Central
- Flooring: Ceramic Floor, Concrete
- Construction Materials: Concrete Block Construction
Description:
AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!
Attention value hunters — 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market.
This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.
Property Snapshot:
8 market rate apartments individually metered for water & electric
Four 1BR/1BA units averaging $1,600/month
Four 4:2BR/1BA units averaging $1,800/month
collecting Over $13,000 monthly
Tenants pay ALL utilities
Solid concrete block construction
Brand new roof = reduced near-term capex
Recent capital improvements keep operating costs low
Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand.
Why This Deal Hits:
Strong in-place cash flow
Minimal operating expenses
Major capital item already completed
Clear value-add opportunity with upside on rents
Ideal for a hands-on investor ready to push performance
Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up
If you know how to create value, this is your next win.
Location
Gallery