Quadruplex in 1216 N 16th Avenue N 10, Lake Worth Beach, FL 33460 with MLS# R11134369

I am excited to share details about an excellent cash flow property that is ready for immediate income generation. This property requires absolutely nothing in terms of maintenance, allowing you to start receiving rental payments from day one. Key features include: • **Ready-to-Go:** New appliances throughout the units. • **Utilities:** Well water irrigation system with an automatic timer. • **Parking & Amenities:** Two designated parking spaces per unit and private patios. • **Financial Advantage:** No HOA fees. The location offers easy access to the I-95 interstate highway. The closest beach is approximately 2.0 miles away (a six-minute drive), and the surrounding area in the City of Lake Worth provides numerous parks and amenities for residents. This is a must-see investment.

📅 View days on the market

Days on the market

1216 N 16th Avenue N 10, Lake Worth Beach, FL 33460

Price
Price:
$1,299,000.00
Original List Price:
$1,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$399.93
Close Price:
$1,240,000.00
Transaction closed on:
March 13, 2026
Lease Details
Tenant Pays:
Electricity, Cable Tv
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Status Change
Last Major Update on:
March 16, 2026 5:24 pm
Rooms Distribution
Bathrooms Total:
4
Measures
Living Area:
3,248 Sqft
Built-Up Area:
3,248 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.2
Property Features
View from the Property:
Other
Waterfront:
No
Patio and Porch:
Patio, Patio - Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1971
Roof:
Composition
Number of Units Total:
4
Levels:
Two
Construction Materials:
Block, Concrete, CBS
Flooring:
Ceramic Tile
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$14,877.00
Tax Year:
2024
Property Tax Details:
City/County, No Homestead
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
LAKE WORTH HEIGHTS
Senior Community:
No
Restrictions:
No Restrictions
Terms
Documents Available:
Deposit - Security, Copy Of Lease(s), Deposit - Last Months Rent
Listing Terms Considered by Seller:
Cash, Conventional
Zoning and Legal
Tax Legal Description:
LAKE WORTH HEIGHTS LT 26 BLK 4
Real Estate Folio Number (Parcel Number):
38434416060040260
Zoning:
SF-R(c
Public Schools Assigned
Elementary School:
Panther Lake Elementary
High School:
Lake Worth
Middle Or Junior School:
Lake Worth
Listing History
Active on the market since:
February 6, 2026
Listing Agreement executed on:
October 22, 2025
Purchase Contract Date:
March 2, 2026
Price change occurred on:
December 15, 2025 3:44 pm
Listing Status Last Changed On:
March 16, 2026 5:24 pm
Photos updated on:
October 22, 2025 3:41 pm
Last Modified:
August 17, 2026 6:07 am
Additional Information
Courtesy of:
Century 21 WC Realty
Attribution:
Not provided
Location
Street Name:
16th
Street Number:
1216
Unit Number:
10
City:
Lake Worth Beach
State:
Florida
Zip Code:
33460
County:
Palm Beach
Latitude:
N26° 38' 6.6''
Longitude:
W81° 56' 25''
Street Suffix:
Avenue
Street Direction Prefix:
N
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


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
Ver la Propiedad Ver la propiedad 1216 N 16th Avenue N 10, Lake Worth Beach, FL 33460
This listing can also be located in the MLS system as RX-11134369
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.