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Double Quadplexes 712-714 S F St 8 Unit Apartment Building $1,900,000 ($237,500/Unit) 6.75% Cap Rate Lake Worth, FL 33460



Investment Highlights
- Desirable Location
- Easy Access to Downtown, Jobs, Schools, Parks, Dixie Hwy, and I-95
- Spacious Two Bedroom Apartments
Executive Summary
STRONG VALUE-ADD PLAY — DOUBLE QUADPLEX CASH FLOW BEAST! Serious investors — this is the kind of high-performing, low-expense multifamily asset that rarely hits the market. 714 South F Street, Lake Worth delivers two solid CBS quadplexes (8 total units) with major capital improvements already completed and strong in-place income from day one. Durable construction. Proven cash flow. Built-in upside. PROPERTY HIGHLIGHTS: 2 quadplex buildings (8 total units) Eight spacious 2BR/1BA apartments Over $15,000/month in reliable gross income Owner pays less than $600/month in utilities MAJOR CAPITAL IMPROVEMENTS COMPLETED: New AC systems Solid roofs New flooring Updated water heaters Upgraded appliances Result: Minimal near-term capex + strong operating efficiency TENANT MAGNET LOCATION: Positioned in a high-demand rental corridor surrounded by stable, desirable communities. Tenants love the frictionless access to: Major employment hubs Schools Downtown Lake Worth Area beaches and parks Key arteries: 6th Ave, Dixie Hwy, and I-95 WHY THIS DEAL DOMINATES: Strong in-place cash flow low operating expenses Big-ticket improvements already done Highly desirable 2BR/1BA unit mix Proven tenant demand Clear value-add runway for an experienced operator Perfect for the hands-on investor who knows how to push rents, tighten operations, and unlock the next level of performance.
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
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $2,000 | 765 |
1 1
Bike Score®
Very Bikeable (85)
Property Taxes
| Parcel Number | 38-43-44-21-15-227-0050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,005,769 |
Property Taxes
Parcel Number
38-43-44-21-15-227-0050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,005,769
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Double Quadplexes | 712-714 S F St
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