Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Worth Beach Duplex Title is generated by Realmo AI

    901 S F Street, Lake Worth, FL 33460

    View on Map
    Claim this Listing
    New
    For Sale
    $410,000

    MULTI_FAMILY - Lake Worth Beach, FL

    Property size:
    1,252 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $327/SF
    Added:
    May 14, 2026
    Days on Market:
    3
    Last Refresh:
    May 16 at 2:06 am

    Property Features for 901 S F Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    SF-R (city)
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
    Pets allowed
    No, Yes
    Fencing
    Fenced
    Standard status
    Active
    APN
    38434421152610090
    Size
    1,252 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    TOWN OF LAKE WORTH LT 9 BLK 261
    Tax Annual Amount
    2843

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    CBS, Frame, Wood Siding
    Roof type
    Tar/Gravel, Built-Up

    We can help!

    Listing Contact
    Virgil Bennett
    Virgil Bennett

    Listing agent Virgil Bennett License #3224712

    Listing office Partnership Realty Inc. 1663 S Congress Avenue, West Palm Beach, FL

    Listing date May 14, 2026

    MLS# B26028482 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex featuring a 3‑Bedroom/1‑Bath unit and a 1‑Bedroom/1‑Bath unit.
    • No rental restrictions, ideal for long‑term or short‑term rental strategies.
    • Located in a high‑demand area of Lake Worth.
    • Conveniently located 10 minutes from I‑95 and downtown Lake Worth.
    • Each unit has separate meters.
    • Just 15 minutes from Lake Worth Pier.

    Overview

    This Lake Worth Beach duplex presents an opportunity for investors or owner-occupants. The property features two units: one with 3 bedrooms and 1 bath, and another with 1 bedroom and 1 bath. Each unit has separate meters. The property is located approximately 10 minutes from I-95 and downtown Lake Worth, and about 15 minutes from the Lake Worth Pier. Situated on a lot of 0.16 acres, the property has a building size of 1252 square feet. The zoning is SF-R (city). The property is suitable for either long-term tenants or short-term rentals.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $231.9K
    NOI $20,871 @ 9.00% cap · cautious / downside scenario
    Moderate
    $298.2K
    NOI $20,871 @ 7.00% cap · market / base-case scenario
    Aggressive
    $417.4K
    NOI $20,871 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $31.6k $25.20
    − Vacancy −$1.7k −$1.39
    EGI $29.8k $23.81
    − OpEx −$8.9k −$7.14
    NOI $20.9k $16.67
    1,252 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $298.2K
    $260.9K – $347.9K (±1% cap)
    NOI $20,871 @ 7.0% cap · market cap 5.09%
    Second Best
    Apartment 5plus
    $275.1K
    $240.7K – $320.9K (±1% cap)
    NOI $19,255 @ 7.0% cap · market cap 4.70%
    Theoretical Best
    Office A
    $881.7K
    $771.5K – $1.03M (±1% cap)
    NOI $61,721 @ 7.0% cap · market cap 15.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -80.060966
    Latitude
    26.604958

    Nearby Similar for Sale

    • $2,850,000
      8,320 SF

      Lake Worth Commercial Property

      Commercial property in Lake Worth, Florida, with 8,320 square feet.
      3141 S Military Trail, Lake Worth, FL 33463
      View Details
    • $630,000
      2,146 SF

      Lake Worth Beach CBS Duplex

      Well-maintained duplex in a strong rental market with value-add potential.
      301 S L Street, Lake Worth Beach, FL 33460
      View Details
    • $949,000
      2,144 SF

      Lake Worth Beach Multifamily Property

      Four-unit multifamily property in Lake Worth Beach, Florida.
      802 N J Street, Lake Worth Beach, FL 33460
      View Details
    • $945,000
      1,806 SF

      Lake Worth Fourplex on Corner Lot

      Fourplex in Lake Worth Beach with mixed-use zoning.
      1625 S Federal Hwy, Lake Worth, FL 33460
      View Details
    • $525,000
      1,120 SF

      Lake Worth Beach Duplex

      Charming duplex near the beach, ideal for investment or owner-occupancy.
      1202 S M Street, Lake Worth Beach, FL 33460
      View Details
    • $620,000
      1,487 SF

      Updated Home with Income Potential

      Charming home with a detached guest cottage for rental income.
      915 N K Street, Lake Worth Beach, FL 33460
      View Details
    • $800

      Equestrian Estate Near Wellington

      Equestrian facility with stalls, living options, and arenas.
      10601 Tamis Trail, Lake Worth, FL 33449
      View Details
    • $5,000

      Equestrian Estate Near WEF

      Equestrian facility with stalls, living options, and arenas.
      10601 Tamis Trail, Lake Worth, FL 33449
      View Details
    • $899,000
      2,024 SF

      Lake Worth Beach Quadplex

      Turn-key quadplex near beach and shops in Lake Worth Beach.
      226 S Palmway, Lake Worth Beach, FL 33460
      View Details
    • $1,100,000
      2,420 SF

      Lake Worth Beach Multifamily Property

      Four units near the beach with modern, high-end finishes.
      502 N H Street, Lake Worth Beach, FL 33460
      View Details
    • $549,000
      1,643 SF

      Lake Worth Income-Producing Duplex

      Remodeled duplex on a large corner lot in Lake Worth.
      3910 Holden Lane, Lake Worth, FL 33461
      View Details
    • $675,000
      1,640 SF

      Three Homes, One Corner Lot

      Three single-family homes on one corner lot near the beach.
      401 S L Street, Lake Worth Beach, FL 33460
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex near downtown Lake Worth and I-95.
    Where is this duplex located?
    The property is located at 901 S F Street Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: Duplex featuring a 3‑Bedroom/1‑Bath unit and a 1‑Bedroom/1‑Bath unit.; No rental restrictions, ideal for long‑term or short‑term rental strategies.; Located in a high‑demand area of Lake Worth.
    (561) 425-2566
    We can help!
    Listing Contact
    Virgil Bennett
    Virgil Bennett
    Real Estate License ID: 3224712
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    901 S F Street, Lake Worth Beach, FL 33460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!