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Renovated Multifamily Building
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1302 12th Ave S, Lake Worth, FL 33460

Renovated multifamily property with eight residential units, individually metered for electric, currently producing rental income.

Property SizeContact for details
Days on Market121

Property Features for 1302 12th Ave S

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Amenities

security cameras

Building Details

Year Renovated 2022
Listing Agency: ONE Commercial Real Estate
Listed By: Alexis Shapiro · License #3346131
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE Commercial Real Estate

Investment Insights

Based on property information with market context.

1302 12th Avenue South is a renovated multifamily property that underwent extensive interior and exterior renovations in 2022. The building includes security cameras and is configured with four 2-bedroom, 1-bath units that are currently all rented, as well as four 1-bedroom, 1-bath units that are currently under lease up. Units are individually metered for electric.

The property is presented as part of a larger 22-unit, three-building portfolio.

For buyers seeking an income-producing, low-maintenance setup, the current mix of fully leased units and units under lease up offers an immediately established rental base following the 2022 renovation.

Key Highlights

  • Renovated multifamily with 8 residential units: four 2BR/1BA and four 1BR/1BA
  • All units currently rented/under lease up, supporting ongoing rental income
  • Extensive interior‑to‑exterior renovation completed in 2022, including added security cameras

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

Demographics for 33460, FL

36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with eight residential units, individually metered for electric, currently producing rental income.
Where is this apartment building located?
The property is located at 1302 12th Ave S Lake Worth, FL.
What are key features of this property?
This property features: Renovated multifamily with 8 residential units: four 2BR/1BA and four 1BR/1BA; All units currently rented/under lease up, supporting ongoing rental income; Extensive interior‑to‑exterior renovation completed in 2022, including added security cameras
(305) 666-0562 Call to check price and availability
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