706 S F St, Lake Worth, FL 33460
- Added:
- Jun 19, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 2 at 7:06 pm
Property Features for 706 S F St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 3
- Parking
- 3
- Standard status
- Active
- APN
- 38434421152270070
- Size
- 2,567 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TOWN OF LAKE WORTH LT 7 BLK 227
- Tax Annual Amount
- 14316
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Block
Listing agent Odalys Martinez Mercado License #3330424 (754) 777-3233
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Jun 19, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex with three separate, tenant‑occupied units generating immediate rental income
- Unit rents: 2/2 at $2,150; 2/1 at $1,900; 1/1 at $1,700 (per provided current rents)
- Built in 1957 with block construction
- Central heating and central air; vinyl flooring
- Showings by appointment only; do not disturb tenants
Overview
The property is located in Lake Worth, Palm Beach County, with convenient access to major roadways as well as nearby shopping and local amenities, supporting day-to-day convenience for residents and guests.
For investors or owner-operators seeking an income-producing residential asset, this structure offers a multi-unit setup with tenants already in place. The distinct unit configurations can also appeal to buyers looking to maintain rental continuity while considering future updates during ownership, subject to applicable requirements and tenant rights.
Local Financial Insights For Multifamily LT 5
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 | $64.7k | $25.20 |
| − Vacancy | −$3.6k | −$1.39 |
| EGI | $61.1k | $23.81 |
| − OpEx | −$18.3k | −$7.14 |
| NOI | $42.8k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.060355
- Latitude
- 26.607227
