PROPERTY HIGHLIGHTSThis property can be purchased as single residence and not part of the portfolio mentioned below. This exceptional property is part of a portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income-generating assets in a highly desirable area.PROPERTY HIGHLIGHTS This exceptional multi-family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income-generating assets in a highly desirable area. LOCATION OVERVIEW Dynamic Cultural Hub: Lake Worth is renowned for its vibrant cultural scene, featuring a variety of art galleries, theaters, and live music venues that create a lively and enriching environment for residents. Charming Coastal Living: The picturesque downtown area and beautiful Atlantic beaches offer a perfect blend of small-town charm and coastal lifestyle, attracting those who appreciate both relaxation and community spirit. Strong Investment Potential: With a robust rental market and high occupancy rates, Lake Worth presents a lucrative opportunity for investors seeking stable income and long-term property appreciation. Why Lake Worth Beach? Lake Worth Beach is not just a location; it's a lifestyle. The area boasts a rich cultural scene with numerous art galleries, theaters, and music venues. The historic downtown offers a variety of dining and shopping options, while the pristine beaches provide endless opportunities for relaxation and recreation. Additionally, the area is home to excellent schools, parks, and community facilities, making it a desirable place to live and invest. The Allure of Airbnb in Lake Worth Beach Lake Worth Beach is rapidly becoming a hotspot for Airbnb rentals, drawing in tourists and short-term visitors from around the globe. The area's unique blend of cultural attractions, vibrant nightlife, and stunning beaches makes it an irresistible destination for travelers seeking a memorable vacation experience. With its charming historic downtown, eclectic arts scene, and numerous festivals and events, Lake Worth Beach offers visitors a taste of authentic Florida, far removed from the typical tourist traps. This diverse and engaging environment ensures a steady stream of guests eager to enjoy the local hospitality, making it a prime location for profitable Airbnb investments. Furthermore, the strategic location of these multi-family properties enhances their appeal for Airbnb hosts. Proximity to major highways and public transportation makes it convenient for visitors to explore nearby attractions such as Palm Beach, West Palm Beach, and the renowned Worth Avenue shopping district. Additionally, the area's friendly and welcoming atmosphere, combined with its year-round pleasant weather, ensures that visitors have a delightful stay, leading to high occupancy rates and positive reviews. Investing in Airbnb properties in Lake Worth Beach not only promises substantial returns but also provides an opportunity to be part of a thriving community that continues to captivate and charm its visitors.
Cable, Public Sewer, Public Water
Date | Details | Change |
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Price Increased from $557,411 to $675,000 |
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