Tenant-Occupied
For Sale
$690,000
706 S F St, Lake Worth, FL 33460
Three separate units are currently occupied, with property access coordinated by appointment.
Property Size2,567 SF
Price / SF$268.80
Days on Market172
Property Features for 706 S F St
General Information
Standard status
Active
Size
2,567 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1957
Listing Agency:
LoKation
Listed By:
Odalys Enid Martinez Mercado · License #3330424
(754) 777-3233
Source:
Wesellhomes
Added: Apr 20
Changed: Sep 12
Last Checked: Oct 7 at 4:01PM
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 LoKation
Investment Insights
Based on property information with market context.
This 2,567-square-foot triplex contains three separate units and was built in 1957. Each unit is currently occupied by a tenant, so property access requires advance coordination.
The property is located at 706 South F Street in Lake Worth, Florida, near major roadways, shopping, and local amenities. Showings are available by appointment, with tenant privacy to be respected during visits.
The property is located at 706 South F Street in Lake Worth, Florida, near major roadways, shopping, and local amenities. Showings are available by appointment, with tenant privacy to be respected during visits.
Key Highlights
- Three separate units within a triplex
- Currently tenant‑occupied
- 2,567 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,791
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,820
$855.8K
Cap Rate 7%
$611,300
$611.3K
Cap Rate 9%
$475,456
$475.5K
Market Conditions
NOI Build-Up for 2,567 SF
Gross rent
$64.7K $25.20/SF
− Vacancy
−$3.6K −$1.39/SF
EGI
$61.1K $23.81/SF
− OpEx
−$18.3K −$7.14/SF
NOI
$42.8K $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%
$855,820
Cap Rate 7%
$611,300
Cap Rate 9%
$475,456
Alternative Uses
Best Use
Multifamily LT 5
$611.3K
$534.9K – $713.2K
NOI $42,791 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$564.0K
$493.5K – $658.0K
NOI $39,479 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,548 @ 7.0% cap · market cap 18.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,212
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three separate units are currently occupied, with property access coordinated by appointment.
Where is this triplex located?
The property is located at 706 S F St Lake Worth, FL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Three separate units within a triplex; Currently tenant‑occupied; 2,567 square feet
