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Investment Highlights

  • Strong Locations with Easy Access to I-95
  • 28 Two Bedroom Apartments and 24 Units Individually Metered for Water and Electric
  • 32 CBS Apartments with New Roof and New Central AC System

Executive Summary

Rare 32-Unit CBS Apartment Portfolio — Individually Metered, Renovated, and Centrally Located in Lake Worth!
An exceptional opportunity to acquire a 32-unit concrete block (CBS) apartment portfolio across three nearby properties, all located just blocks from each other in one of Lake Worth’s most desirable tenant-magnet neighborhoods.
This well-positioned portfolio features:
28 spacious 2-bedroom units
4 one-bedroom units
New roofs and central A/C systems
Recent permitted capital improvements
24 units individually metered for water and electric — minimizing landlord utility exposure
With strong in-place fundamentals and infrastructure upgrades already completed, this is a turnkey yet value-add opportunity for a skilled operator to further optimize rents and operations.
Strategically located with easy access to I-95 via 6th Avenue, the properties offer tenants seamless connectivity to:
Downtown Lake Worth & surrounding employment hubs
Major hospitals and healthcare centers
Local schools and parks
Beautiful Palm Beach County beaches
Situated in a high-demand rental corridor with consistent tenant demand, this portfolio provides stable income, operational efficiency, and long-term appreciation potential.
Whether you’re looking to scale your multifamily holdings or acquire a clustered asset with strong upside, this offering checks all the boxes.
A rare chance to own a well-maintained, centrally located 32-unit portfolio in one of Palm Beach County’s most resilient rental markets—don’t miss it!

Property Facts

Price $7,400,000
Price / SF $269.54 / SF
Cap Rate 6%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 3
Total Building Size 27,454 SF
Total Land Area 1.66 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
712-714 S F St, Lake Worth, FL 33460 Multifamily 7,789 SF 1973 $1,900,000
927 S Pine St, Lake Worth, FL 33460 Multifamily 6,600 SF 1974 $1,700,000
821 S H St, Lake Worth, FL 33460 Multifamily 3,267 SF 1971 $3,800,000
817 S H St, Lake Worth, FL 33460 Multifamily 3,267 SF 1971 -
805 S H St, Lake Worth, FL 33460 Multifamily 3,267 SF 1970 -
809 S H St, Lake Worth, FL 33460 Multifamily 3,264 SF 1970 -
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  • Listing ID: 40148139

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 32 Unit Portfolio on 6th Ave, Lake Worth, FL

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