Two-Home Multifamily
New
For Sale
$499,900
1402 S J Street, Lake Worth, FL 33460
Residential Income, Lake Worth Beach, FL
Property Size1,680 SF
Lot Size0.15 Acres
Price / SF$297.56
Days on Market5
Property Features for 1402 S J Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SF-TF-14 (city)
Bedrooms
5
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2
Pets allowed
Yes, No
Fencing
Fenced
Subdivision
LAKE WORTH TOWN OF ADD 1
Elementary school
Barton
Middle school
Lantana Community
High school
Lake Worth
Standard status
Active
APN
38434427010710080
Size
1,680 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LAKE WORTH TOWN OF ADD 1 LT 8 BLK 71
Tax Annual Amount
10520
Legal Description
LAKE WORTH TOWN OF ADD 1 LT 8 BLK 71
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Wood, Tile - Ceramic
Building materials
Block, CBS, Stone Veneer
Roof type
Composition
Buildings
2
Listing Agency:
Atlantic Florida Properties In
(561) 713-1141
Listed By:
Joseph A DeFalco · License #3205517
(561) 352-6759
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 30 at 3:06PM
MLS# B26092749
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,680-square-foot property contains two houses on a 0.15-acre parcel. The principal home has three bedrooms and two bathrooms, with ceramic tile, wood, and vinyl flooring. The property was built in 1980 and has central heating and air conditioning.
Zoning is SF-TF-14. Public water and sewer service the property, which is fenced.
Zoning is SF-TF-14. Public water and sewer service the property, which is fenced.
Key Highlights
- Two houses on a 0.15‑acre property
- Main house has 3 bedrooms and 2 bathrooms
- 1,680 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,837
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,740
$516.7K
Cap Rate 7%
$369,100
$369.1K
Cap Rate 9%
$287,078
$287.1K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$49.2K $29.28/SF
− Vacancy
−$2.2K −$1.32/SF
EGI
$47.0K $27.96/SF
− OpEx
−$21.1K −$12.58/SF
NOI
$25.8K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,740
Cap Rate 7%
$369,100
Cap Rate 9%
$287,078
Alternative Uses
Best Use
Apartment 5plus
$369.1K
$323.0K – $430.6K
NOI $25,837 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,821 @ 7.0% cap · market cap 16.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
681
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A rear residence offers the option to maintain a separate rental arrangement alongside the main home.
Where is this multifamily property located?
The property is located at 1402 S J Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two houses on a 0.15‑acre property; Main house has 3 bedrooms and 2 bathrooms; 1,680 square feet of property size
