910 S L 1 STREET #1 -2 -3
Lake Worth, FL 33460
2376 sqft | 0.16 acres | #RX-11070751
Description
Turnkey Triplex - High-Yield Investment in Lake Worth Beach
910 South L Street, Lake Worth Beach, FL
Prime income-producing property with long-term leases in place. This well-maintained triplex offers an immediate cash-flow opportunity with below-market rents, providing room for increased return on investment upon lease renewal. Located in the high-demand rental market of Lake Worth Beach, this property is ideal for investors seeking stability, appreciation, and minimal vacancy risk.
**Unit 1: 2 Bed / 1 Bath - $2,000/month (Washer/Dryer Hookups) - Lease Ends 7/31/ 2025
**Unit 2: 1 Bed / 1 Bath - $1,600/month - Lease Ends 11/30/2025
**Unit 3: 2 Bed / 2 Bath - $1,750/month (Washer/Dryer Hookups) - Lease Ends 10/31/ 2025
Monthly Rental Income: $5,350
Annual Gross Income: $64,200 Market Insights & Growth Potential:
Below-Market Rents - Area rents for 2-bed units range from $2,000 to $2,300
Lake Worth Beach is experiencing rising property values and a competitive rental market
Well-kept property with washer/dryer hookups in two units for added tenant appeal
Why Invest?
Immediate Cash Flow - Fully leased and income-producing from day one
Future Growth Potential - Below-market rents allow for higher returns upon renewal
Prime Location - Minutes from downtown, beaches, shopping, and major highways
This fully occupied triplex is a rare find in a highly desirable rental market. Whether you're a seasoned investor or looking to start your portfolio, this turnkey opportunity is positioned for long-term success.
Call today for financials, lease details, and a private showing.
Property Details
- Utility FeaturesLake Worth Drain Dis, Public Sewer, Public Water
- Lot Features< 1/4 Acre, 1/4 to 1/2 Acre
- Lot Description< 1/4 Acre, 1/4 to 1/2 Acre
- SubdivisionLAKE WORTH TOWN OF ADD 1
- Property TypeMulti-Family
- RoofComposition
- MLS #RX-11070751
- MLS #RX-11070751
- Exterior FeaturesOpen Patio
- Exterior MaterialsOpen Patio
- CountyPalm Beach
- Original List Price$750,000
- CoolingCentral
- Property SubtypeTriplex
- ZoningSF-R(c
- Taxes Annual$9,754
- Cost750000
- Acres0.155
- Square Feet2376
- Lot Size (sqft)6750
- Year Built1977
- Stories1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Michael J Johnston (#278027895)
Listing Office: The Keyes Company (#276658635)
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