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    715 Washington Ave Lake Worth, FL 33460

    For Sale
    $1,250,000

    Quad Plex - Lake Worth Beach, FL

    Type:Quadruplex
    Property size:
    4,528 SF
    Days on Market:
    62
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 715 Washington Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    SF-TF-
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    Bathrooms
    3
    APN
    38434434010000500
    Parking features
    None
    Exterior features
    None
    Size
    4,528 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Floors in Building
    2
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block, Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Realty professionals of Boynton Beach, LLC (561) 735-3000 [email protected]

    Listing agent Ahmed Ribhi Abdeldayem PA (561) 735-3000

    Listing date Oct 6, 2025

    MLS# RX-11115975 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. 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 Beach Quad Plex

    Located in Lake Worth Beach, Florida, this multifamily property at 715 Washington Ave features four apartments. Each of the four units contains three bedrooms and one bathroom, and includes its own washer and dryer, separate water and electric meters, and private entrances. Three units are currently rented at $2,200 per month, with one unit vacant. The property has a market rent potential of $2,500 per unit per month, bringing possible gross annual revenue to $120,000. The units offer living spaces, functional kitchens, and a well-maintained layout. Situated on a generous lot with off-street parking, the property is close to schools, shopping, dining, public transit, downtown, and beaches. The property is zoned SF-TF-. The property size is 4,528 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

    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
    -80.056715
    Latitude
    26.595934

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Lake Worth Beach, Florida.
    Where is this quadplex located?
    The property is located at 715 Washington Ave Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High Income Potential: Grossing $120,000 annually with market rent at $2,500/month per unit.; - Fully Equipped Units: Each of the four 3-bedroom, 1-bath apartments includes a washer & dryer, separate water and electric meters, and private entrances.; - Strong Rental Demand: Located in the heart of Lake Worth Beach.
    (561) 735-3000
    Request Owner's contact information
    715 Washington Ave 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
    715 Washington Ave Lake Worth, FL 33460
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