Quadruplex in 129 S K Street, Lake Worth, FL 33460 for sale with MLS# B26043673

Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

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129 S K Street, Lake Worth, FL 33460

Price
Price:
$1,775,000.00
Original List Price:
$1,975,000.00
List Price per Sq Ft (Calculated, Approx.):
$485.97
Lease Details
Tenant Pays:
Electricity, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 30, 2026 10:28 pm
Other Special Conditions:
Sold As-is
Measures
Living Area:
4,064 Sqft
Built-Up Area:
4,628 Sqft
Lot Size Dimensions and Info:
50.0 ft x 135.0 ft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Features:
Corner Lot, Sidewalks
Lot Size Acres:
0.15
Property Features
View from the Property:
Garden
Waterfront:
No
Exterior:
Balcony, None
Windows:
Other
Laundry:
In Unit
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating System:
Central, None
Fence:
Fenced
Road Responsibility:
Public Maintained Road
Balcony Details:
Balcony - Open
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
2026
Roof:
Other
Number of Units Total:
4
Levels:
One
Construction Materials:
CBS
Flooring:
Other, Laminate, Ceramic Tile
Number of stories:
2
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Stories:
1
Road Frontage Type:
City Street
Flood Zone Code:
X
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$4,789.86
Tax Year:
2025
Tax Assessed Value:
$199,375.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Electric:
200+ Amp Service
Utilities Available:
Natural Gas Available, Sewer Available, Water Available, Electricity Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
LAKE WORTH TOWN OF
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
TOWN OF LAKE WORTH LTS 31 & 32 BLK 49
Real Estate Folio Number (Parcel Number):
38434421150490310
Zoning:
MF-30 (city)
Public Schools Assigned
Elementary School:
Pine Villa
High School:
Lake Worth
Middle Or Junior School:
Lake Worth
Listing History
Active on the market since:
June 21, 2026
Listing Agreement executed on:
June 20, 2026
Price change occurred on:
July 30, 2026 10:28 pm
Listing Status Last Changed On:
June 21, 2026 3:16 am
Photos updated on:
July 13, 2026 1:25 am
Last Modified:
July 30, 2026 10:29 pm
Additional Information
Courtesy of:
Universal Realty Associates
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
K
Street Number:
129
City:
Lake Worth
State:
Florida
Zip Code:
33460
County:
Palm Beach
Latitude:
N26° 36' 48.7''
Longitude:
W81° 56' 39.4''
Street Suffix:
Street
Street Direction Prefix:
S
Property Map

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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

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 26 Good
☀️ O3 17 Good
🫁 PM2.5 26 Good
💨 PM10 12 Good
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