714 N 4th Ave Ave N Lake Worth, FL 33460
Triplex near Downtown Lake Worth Beach with flexible unit mix.
Property Features for 714 N 4th Ave Ave N
General Information
- Standard status
- Active
- Size
- 2,354 SF
- Lot size
- 0.08 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1952
Listing office Home Sold Realty LLC (833) 700-2782
Listing date Apr 15, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Home Sold Realty LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location just north of Downtown Lake Worth Beach, offering convenient access to dining, retail, entertainment, the Intracoastal Waterway, and Lake Worth Beach Park.
- Flexible unit mix consisting of one 2‑bedroom/2‑bathroom, one 2‑bedroom/1‑bathroom, and one 1‑bedroom/1‑bathroom unit.
- Total building size of 2,354 square feet on a 0.08‑acre lot.
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 | $59.3k | $25.20 |
| − Vacancy | −$3.3k | −$1.39 |
| EGI | $56.1k | $23.81 |
| − OpEx | −$16.8k | −$7.14 |
| NOI | $39.2k | $16.67 |
