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  4. 402 Ocean Breeze Street S, Lake Worth Beach, FL 33460
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402 Ocean Breeze Street S
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PRICED AT ONLY: $2,219,516

Address: 402 Ocean Breeze Street S, Lake Worth Beach, FL 33460

Description

PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income generating assets in a highly desirable area.

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  • MLS#: RX-11010273 ( MultiFamily (5+ Units) )
  • Street Address: 402 Ocean Breeze Street S
  • Viewed: 2
  • Price: $2,219,516
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1941
  • Bldg sqft: 0
  • Days On Market: 142

Description

PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income generating assets in a highly desirable area.
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Features
Building and Construction
  • Absolute Longitude: 80.051342
  • Flooring: Other
  • Roof: Other
  • Sqft Source: Tax Rolls
  • Total Building Sqft: 3044.00
  • Type Of Building: Commercial, Resident. Multi-Fam.
Property Information
  • Property Desc: Multi-Unit
  • Property Group Id: 19990816212135227274000000
Utilities
  • Air Conditioned: 100.00
  • Cooling: Electric
  • Fire Protect: Smoke Alarm, Smoke Detector
  • Heating: Electric
  • Num Of Stories: 2.0
  • Utilities: Cable, Other, Public Sewer, Public Water
Finance and Tax Information
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electric
Other Features
  • Avail Docs: None
  • Avail Info: None
  • Country: United States
  • Legal Desc: TOWN OF LAKE WORTH LT 6 BLK 163
  • Parcel Id: 38434421151630060
  • Possession: At Closing
  • Sale Includes: Building and Land, Fixtures, Furniture
  • Use: Income
  • Zoning: MF-20(
Nearby Subdivisions
Alora Luxury Condo Unit 1com A   College Park Add 1   Crestwood   H Street Commerce Park Condo   Lake Worth Heights   Lake Worth Town Of   Lake Worth Town Of Add 1   Latona Court Amnded Plat   North Lake Worth   Town Of Lake Worth Town  
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