Building Description
Executive Summary
Excellent investment opportunity at 920 S K St in Lake Worth Beach, featuring a 4-unit multifamily property comprised of four 1-bedroom/1-bathroom units. Each unit is offered at $1,600 per month, providing approximately $6,400 in monthly Gross Operating Income and $76,800 annually. The property offers investors the opportunity to acquire a well-positioned multifamily asset in an established residential neighborhood with strong access to the surrounding Palm Beach County market. Conveniently located just minutes from Downtown Lake Worth Beach, residents enjoy easy access to local restaurants, shopping, entertainment, the Intracoastal Waterway, and South Florida's beaches. The property is also conveniently positioned near I-95 and other major transportation corridors, providing connectivity to West Palm Beach, surrounding employment centers, and destinations throughout Palm Beach County. With four highly rentable 1-bedroom units, a central location, and convenient access to both everyday amenities and major South Florida destinations, 920 S K St represents an attractive opportunity for investors seeking a multifamily property in the growing Lake Worth Beach market.
