130 S Lakeside 1 Drive Lake Worth, FL 33460
MULTI_FAMILY - Lake Worth Beach, FL
Property Features for 130 S Lakeside 1 Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF-30(
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Patio and Porch features
- Patio, Porch
- Standard status
- Active
- APN
- 38434421150350010
- Size
- 3,408 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- TOWN OF LAKE WORTH LTS 1 & 2 BLK 35
- Tax Annual Amount
- 15874
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile, Wood
- Building materials
- CBS, Concrete
- Roof type
- Composition
- Additional Structures
- Cabana
Listing agent Amy J Sylvia License #704244 (561) 541-5559
Listing office RE/MAX Prestige Realty/WPB 1550 Southern Blvd, # 100, West Palm Beach, FL (561) 659-1575
Listing date Jan 29, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Five‑plex income property across from the Intracoastal Waterway with water views from an end unit
- All 5 units are tenant‑occupied, including unit #5 currently rented at $1,850/month
- Built in 1954 with CBS and concrete construction materials
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $29.28 |
| − Vacancy | −$4.5k | −$1.32 |
| EGI | $95.3k | $27.96 |
| − OpEx | −$42.9k | −$12.58 |
| NOI | $52.4k | $15.38 |
