Quadruplex in 927 S Pine St Lake Worth for sale with MLS# A11969195

THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H. AGGRESSIVE VALUE-ADD PLAY - 8-UNIT CASH FLOW MACHINE IN LAKE WORTH! Attention value hunters - 927 South Pine Street delivers the kind of construction, strong in-place income, and rent-growth upside that's getting harder to find in today's market. This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion. Property snapshot: 8 market rate apartments individually metered for water & electric Four 1BR/1BA units averaging $1,600/month Four 4:2BR/1BA units averaging $1,800/month collecting Over $13,000 monthly Tenants pay ALL utilities Solid concrete block construction Brand new roof = reduced near-term capex Recent capital improvements keep operating costs low Why this Location Performs: Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95 Why This Deal Hits: Strong in-place cash flow Minimal operating expenses Major capital item already completed Clear value-add opportunity with upside on rents Ideal for a hands-on investor ready to push performance Stabilized income today - meaningful upside tomorrow. Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up

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Days on the market

927 S Pine St, Lake Worth, FL 33460

Price
Price:
$1,700,000.00
Original List Price:
$1,700,000.00
Lease Details
Rent Includes:
Trash Collection, Water, Gardener
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
A11969195
Description of Last Important Update:
New Listing
Last Major Update on:
February 20, 2026 1:18 pm
Measures
Living Area:
5,724 Sqft
Built-Up Area:
5,724 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1974
Year Built Details:
Effective Year Built
Roof:
Shingle
Architectural Style:
Fourplex
Levels:
Two
Construction Materials:
Block
Flooring:
Laminate, Ceramic Tile, Concrete
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$16,377.00
Tax Year:
2025
Property Tax Status:
Tax Reflects City & County Tax
Parking
Parking Total Spaces:
12
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
LAKEVIEW HEIGHTS ADD 4
Senior Community:
No
Terms
Documents Available:
Lease
Listing Terms Considered by Seller:
Conventional
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow, Closing And Funding
Zoning and Legal
Tax Legal Description:
ADD 4 TO LAKEVIEW HGTS LTS 12 & 13 BLK 1
Real Estate Folio Number (Parcel Number):
38434428060010120
Zoning Description:
SF-TF-14
Listing History
Originally published on:
February 20, 2026 1:18 pm
Active on the market since:
February 20, 2026
Price change occurred on:
February 20, 2026 11:38 am
Listing Status Last Changed On:
February 20, 2026 1:18 pm
Photos updated on:
February 20, 2026 6:40 pm
Last Modified:
April 20, 2026 6:10 pm
Additional Information
Flood Zone:
X
Type of Association:
None
Style:
Fourplex
Municipal Code:
38
Subdivision Number:
6
Courtesy of:
BAWONS Properties, Inc
Attribution:
Not provided
Location
Street Name:
Pine St
Street Number:
927
City:
Lake Worth
State:
Florida
Zip Code:
33460
County:
Palm Beach
Latitude:
N26° 36' 16''
Longitude:
W81° 55' 58.6''
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $61,702
Median Home Value $333,200
Median Rent $1,411/mo
Median Age 36
Population 36,934

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