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Duplex with Two Separate Units

901 S F Street Lake Worth, FL 33460

901 S F Street, Lake Worth, FL, 33460
$390,000
Pending
For Sale
Claim this Listing
$390,000
Pending

MULTI_FAMILY - Lake Worth Beach, FL

Property Size1,252 SF
Lot Size0.16 Acres
AddedMay 14
Days on Market63
Last RefreshJul 15 at 5:06 pm

Property Features for 901 S F Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
SF-R (city)
Bedrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Pets allowed
No, Yes
Fencing
Fenced
Standard status
Pending
APN
38434421152610090
Size
1,252 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
TOWN OF LAKE WORTH LT 9 BLK 261
Tax Annual Amount
2843

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1958
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
CBS, Frame, Wood Siding
Roof type
Tar/Gravel, Built-Up

Listing agent Virgil Bennett License #3224712

Listing office Partnership Realty Inc. 1663 S Congress Avenue, West Palm Beach, FL

Listing date May 14, 2026

MLS# B26028482 Listing URL

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.

This duplex property includes two separate residential units: one 3-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Each unit has its own meters. Public remarks indicate there are no rental restrictions, offering flexibility for long-term tenants or short-term rental use.

The property is located at 901 S F Street in Lake Worth Beach, Florida. It is described as about 10 minutes from I-95 and downtown Lake Worth, and approximately 15 minutes from the Lake Worth Pier. The property is zoned SF-R (city).

The configuration of the two units and separate metering supports independent occupancy within a single duplex structure.

Key Highlights

  • Duplex with a 3‑bedroom, 1‑bath unit and a separate 1‑bedroom, 1‑bath unit
  • Each unit has its own meters
  • No rental restrictions reported, making it suitable for long‑term tenants or short‑term rentals

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 $31.6k $25.20
− Vacancy −$1.7k −$1.39
EGI $29.8k $23.81
− OpEx −$8.9k −$7.14
NOI $20.9k $16.67
1,252 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$298.2K
$260.9K – $347.9K (±1% cap)
NOI $20,871 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$275.1K
$240.7K – $320.9K (±1% cap)
NOI $19,255 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$881.7K
$771.5K – $1.03M (±1% cap)
NOI $61,721 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Daycare Center Fish Market Travel Agency Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offering a 3-bedroom and a separate 1-bedroom unit, each with its own meters.
Where is this duplex located?
The property is located at 901 S F Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Duplex with a 3‑bedroom, 1‑bath unit and a separate 1‑bedroom, 1‑bath unit; Each unit has its own meters; No rental restrictions reported, making it suitable for long‑term tenants or short‑term rentals
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