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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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129 S K St , Lake Worth, FL 33460
$1,775,000
Est. Payment: $3,944.44/mo
8 Bed
8 Bath
4064 Sqft
Status: Active | Days on site: 81
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FLL802741 - FLL63097627
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House Description

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.

Highlights

Listed by Beytullah Atmaca , 561-716-8009 Universal Realty Associates , 561-716-8009.

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

2026

County

Palm Beach

Area

5610

Neighborhood

Lake Worth Town Of

Listing ID

B26043673

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Ceramic Tile
Other:
  • Additional:Main Living Area Entry Level
Water:Public

Exterior Features

Lot:<1 Acre,Corner Lot,Sprinklers Automatic,< 1/4 Acre
Zoning:MF-30 (city)
Roof:Other
Others:
  • Additional:Balcony, Fence
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$3,944
Taxes
$399

Home Price

$1,775,000

Loan Details

30 yrs
%

Down Payment

20%
$355,000
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Monthly Price:
$3,944.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,944.44 $399.08 $0.00 $4,343.53
Yearly $47,333.33 $4,789.00 $0.00 $52,122.33
Total $1,420,000.00 $143,670.00 $0.00 $1,563,670.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Worth, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.