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110 S B St - Downtown Quadplex 4 Unit Apartment Building Offered at $975,000 at a 7% Cap Rate Lake Worth, FL 33460

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Investment Highlights

  • Tenant-Magnet Location 1 Block off Lake Avenue
  • Easy Access to Downtown, Jobs, Schools, Parks, Lake Worth Rd, Dixie Hwy, 6th Ave, and I-95
  • Desirable Unit Mix with Four Two bedroom Apartments + ADU

Executive Summary

CASH FLOW MONSTER IN DOWNTOWN LAKE WORTH — Value Add QUADPLEX with Extra This is the high-performing property, income-producing asset is reliably collecting $8830 monthly with ownership paying less $500/month in utilities. Located at 110 South B Street, just one block off Lake Avenue in the heart of Downtown Lake Worth, this fully rented quadplex with an extra ADU delivers the kind of strong, reliable cash flow serious investors demand. 5 total income stream (4-unit quadplex + Extra) Four 2-bedroom / 1-bathroom units rented at $1900 Renovated over the years — reduced immediate capex Enhanced income stream thanks to the ADU rented at $1180 Prime rental location with consistent tenant demand one block off Lake Avenue. Positioned in a high-demand downtown corridor with easy access to major employment centers, schools, restaurants, the beach, and the Town of Palm Beach. Tenants want to be here — and experienced investors know why Why This Deal is a Win: Tenants' Magnet Location Strong in-place cash flow Value-add upside potential Walkable downtown location Whether you’re expanding your portfolio or securing a high-yield foothold in Lake Worth, this asset checks the boxes. Act fast — income properties in this tenants' magnet location move quickly.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $975,000
Price Per Unit $243,750
Sale Type Investment
Cap Rate 7%
Sale Condition 1031 Exchange
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.16 AC
Building Size 3,420 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1937/2020

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,925 730 - 740
Studios 1 $1,180 336
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39577537

  • Date on Market: 2/25/2026

  • Last Updated:

  • Address: 110 S B St, Lake Worth, FL 33460

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