Modern Living Group
 Residence
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4 photos
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$1,300,000ACTIVE

909 S N Street, Lake Worth Beach, FL 33460

beds8baths4,800sq ft$271/ sq ft
THE RESIDENCE

About this home

Renovated quadplex featuring four spacious 2-bedroom, 2-bath units — each approximately 1,200 square feet. The property consists of two concrete block duplex buildings on nearly third of acre with newer roofs, impact windows and doors, and updated interiors. Each unit includes washer/dryer or possibility of hook up and separate electric/water meters. Located just minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront, this property offers exceptional rental upside in a high-demand neighborhood. Features: ~4,800 Total Sq Ft Concrete block construction New roofs (2022) Impact windows & doors throughout Ample off-street parking Separately metered electric/water Potential market rent: $2,300+/month per unit offered at 5.75% cap rate. Ideal for long-term tenants, short-term rental conversion, or 1031 exchange buyers looking for a stabilized, turnkey asset with upside potential. Possible owner financing with 40% down.

THE DETAILS

Property details

List Price$1,300,000
Price / Unit$325,000
Units4
Cap Rate5.87%
Gross Income$106,800/yr
Net Operating Income$76,300
Inside Sq Ft4,800
Year Built1981
ConstructionBlock
FlooringCeramic Tile
ZoningSF-R(c
Lot Dimensions100.0 ft x 135.0 ft
Property TypeQuadruplex
MLS #R11116432
StatusActive
Original List Price$1,350,000
GRM12.2
Tenant PaysCable TV, Electricity, Water
Show all details (7 more)
Stories1
Lot Size0.31 acres
WaterfrontNo
Days on Market310
Annual Taxes$19,695
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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