Modern Living Group
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$774,000ACTIVE

717 8th Avenue N, Lake Worth Beach, FL 33460

beds4baths1,600sq ft$484/ sq ft
THE RESIDENCE

About this home

Charming Renovated historic Villas (4 units) in downtown Lake Worth approximately a 1/2 mile to Lake Avenue and all the downtown action. This location is awesome! These 1/1 units would be a great Air BNB location! They have been updated inside and out, all impact windows and doors, new paint inside and out, newer roof, updated fixtures, baths, etc. Ample parking, with streets spots and private parking lot. Only a half mile to Downtown Lake Worth/Lake Avenue. 7% cap rate.

THE DETAILS

Property details

List Price$774,000
Price / Unit$193,500
Units4
Cap Rate7.23%
Gross Income$72,000/yr
Net Operating Income$55,946
Inside Sq Ft1,600
Year Built1943
ConstructionFiber Cement
FlooringTile
ZoningSF-TF-
Lot Dimensions135.0 ft x 50.0 ft
Property TypeQuadruplex
MLS #R11157415
StatusActive
Original List Price$799,999
GRM10.8
Tenant PaysCable TV, Electricity
Show all details (7 more)
Stories1
Lot Size0.15 acres
WaterfrontNo
Days on Market150
Annual Taxes$11,054
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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