Duplex with Separate Guest
New
For Sale
$375,000
1064 HIGHVIEW Road, Lake Worth, FL 33462
Residential Income, Lake Worth, FL
Property Size1,196 SF
Lot Size0.13 Acres
Price / SF$313.55
Days on Market6
Property Features for 1064 HIGHVIEW Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Window features
Drapes
Patio and Porch features
Patio, Porch
Pets allowed
No, Yes
Fencing
Fenced
Subdivision
RIDGE GROVE ADD 1
Elementary school
Rolling Green
Middle school
Congress
High school
Boynton Beach
Standard status
Active
APN
00434509090001622
Size
1,196 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RIDGE GROVE ADD NO 1 W 18 FT OF LT 162 & LT 163
Tax Annual Amount
3945
Legal Description
RIDGE GROVE ADD NO 1 W 18 FT OF LT 162 & LT 163
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public
Building Details
Year built
1952
Floors in Building
1
Number of units
2
Flooring type
Tile, Tile - Ceramic
Building materials
Fiber Cement
Roof type
Composition
Listing Agency:
KW Reserve Palm Beach · Keller Williams Realty
(561) 966-4000
Listed By:
Loodmy Jacques · License #3222697
(561) 678-5584
Added: Oct 23
Changed: Oct 28
Last Checked: Oct 28 at 1:06PM
MLS# B26092124
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.
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Investment Insights
Based on property information with market context.
This duplex property pairs a three-bedroom, one-bathroom main residence with a detached guest house configured as a one-bedroom, one-bathroom efficiency. The property measures 1,196 square feet on a 0.13-acre lot and is zoned RM. Features include a porch, patio, fenced yard, central air conditioning and heating, and public water and sewer service.
The property is near I-95 and offers access to beaches, shopping, dining, and Hypoluxo Nature Preserve. Built in 1952, the residence has fiber-cement construction and a composition roof.
The property is near I-95 and offers access to beaches, shopping, dining, and Hypoluxo Nature Preserve. Built in 1952, the residence has fiber-cement construction and a composition roof.
Key Highlights
- Main residence offers 3 bedrooms and 1 bathroom
- Separate guest house has a 1‑bedroom, 1‑bathroom efficiency
- 1,196 square feet on a 0.13‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,937
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,740
$398.7K
Cap Rate 7%
$284,814
$284.8K
Cap Rate 9%
$221,522
$221.5K
Market Conditions
NOI Build-Up for 1,196 SF
Gross rent
$30.1K $25.20/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$28.5K $23.81/SF
− OpEx
−$8.5K −$7.14/SF
NOI
$19.9K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,740
Cap Rate 7%
$284,814
Cap Rate 9%
$221,522
Alternative Uses
Best Use
Multifamily LT 5
$284.8K
$249.2K – $332.3K
NOI $19,937 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$262.8K
$229.9K – $306.6K
NOI $18,394 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$842.3K
$737.0K – $982.7K
NOI $58,960 @ 7.0% cap · market cap 15.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 33462, FL
33,982
Population
15,911
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
84%
High-School Grad
8.6 sq mi
ZIP Area
3,951
Density / Sq Mi
$72,288
Median Household Income
$38,193
Median Earnings
$1,659
Median Rent
$323,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom primary residence is paired with a separate one-bedroom efficiency with its own bath.
Where is this duplex located?
The property is located at 1064 HIGHVIEW Road Lake Worth, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Main residence offers 3 bedrooms and 1 bathroom; Separate guest house has a 1‑bedroom, 1‑bathroom efficiency; 1,196 square feet on a 0.13‑acre lot
