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    605 S J St Lake Worth, FL 33460

    For Sale
    $1,000,000

    Fourplex, Quadruplex - Lake Worth, FL

    Type:Quadruplex
    Property size:
    3,000 SF
    Days on Market:
    264
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 605 S J St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    SF-R (ci
    APN
    38434421152070100
    Parking
    5
    Size
    3,000 SF

    Utilities

    Sewer type
    Other
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1921
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Other
    Architectural style
    Other

    Beachfront Realty, Inc (305) 405-0615 [email protected]

    Listing agent Eric Amsallem (305) 405-0615 License #3185189

    Listing date Mar 19, 2025

    MLS# A11734209 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Worth Multifamily Investment Opportunity

    This multifamily property in Lake Worth, Florida, presents an investment opportunity. The property features five units, comprising two units with 2 beds and 1 bath, two units with 1 bed and 1 bath, and one rented garage. The property is fully rented and located in a high-density neighborhood with strong rental demand. The units feature bright, spacious rooms. Parking is available. The property generates an income of $84,300, with expenses of $31,700, resulting in a net revenue of $52,591 and a cap rate of 5.40%. The property is zoned SF-R (ci and has a total size of 3,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0567308
    Latitude
    26.6083638

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property in high-demand area with rental upside.
    Where is this apartment building located?
    The property is located at 605 S J St Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 15% upside on rent potential for new owner.; - Fully rented 5-unit multifamily property.; - Priced below market value.
    (305) 405-0615
    Request Owner's contact information
    605 S J St Lake Worth, FL 33460
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    Lake Worth, FL 33460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    605 S J St Lake Worth, FL 33460
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