Two-Story Townhouse
For Sale
$679,000
910 N F Street, Lake Worth, FL 33460
Two-story configuration with separate utility metering and ceramic tile throughout both residences.
Property Size4,000 SF
Days on Market59
Property Features for 910 N F Street
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$8,536
Building Details
Building Size
4,000 SF
Year Built
1979
Buildings
1
Stories
2
Listing Agency:
Landmark Investments & Real Estate
(561) 762-3258
Listed By:
Luiz F Machado · License #3204078
(561) 762-3258
Source:
Meyerlucas
Added: Jun 22
Changed: Aug 14
Last Checked: Aug 18 at 6:10AM
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 Landmark Investments & Real Estate
Investment Insights
Based on property information with market context.
This 1979 duplex is arranged as two townhouse-style residences across two stories. Each unit includes 3 bedrooms, 2 bathrooms, and a spacious 1-car garage. The garages are described as offering the possibility of conversion into additional bedroom space. Ceramic tile extends throughout both units, while separate electric and water meters serve the residences individually. Tenancies are month to month.
The property is located a few minutes from I-95, downtown Lake Worth, and shopping areas. Its townhouse layout, individual utility metering, and residential unit configuration provide a clearly defined duplex format with separate living spaces and dedicated garage areas.
The property is located a few minutes from I-95, downtown Lake Worth, and shopping areas. Its townhouse layout, individual utility metering, and residential unit configuration provide a clearly defined duplex format with separate living spaces and dedicated garage areas.
Key Highlights
- Two‑story townhouse duplex with 3 bedrooms and 2 bathrooms in each unit
- Each residence includes a spacious 1‑car garage
- Separate electric and water meters serve the two units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,517
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,230,340
$1.2M
Cap Rate 7%
$878,814
$878.8K
Cap Rate 9%
$683,522
$683.5K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$117.1K $29.28/SF
− Vacancy
−$5.3K −$1.32/SF
EGI
$111.8K $27.96/SF
− OpEx
−$50.3K −$12.58/SF
NOI
$61.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,230,340
Cap Rate 7%
$878,814
Cap Rate 9%
$683,522
Alternative Uses
Best Use
Multifamily LT 5
$952.6K
$833.5K – $1.11M
NOI $66,679 @ 7.0% cap · market cap 9.82%
Second Best
Apartment 5plus
$878.8K
$769.0K – $1.03M
NOI $61,517 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$2.82M
$2.46M – $3.29M
NOI $197,192 @ 7.0% cap · market cap 29.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,095
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story configuration with separate utility metering and ceramic tile throughout both residences.
Where is this duplex located?
The property is located at 910 N F Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two‑story townhouse duplex with 3 bedrooms and 2 bathrooms in each unit; Each residence includes a spacious 1‑car garage; Separate electric and water meters serve the two units
