Duplex Income
For Sale
$650,000
925 S Pine Street, Lake Worth, FL 33460
Duplex income property offered for sale at 925 S Pine Street in Lake Worth, Florida.
Property Size1,624 SF
Price / SF$400.25
Days on Market99
Property Features for 925 S Pine Street
General Information
Standard status
Active
Size
1,624 SF
Property subtype
Duplex
Amenities
Acres: 0.24, Square Feet: 10319, Features: Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced
Roof: Composition Roll
Fencing: Fenced
Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
Parcel Number: 38434428060010100, Tax Annual Amount: $5,300, Tax Legal Description: ADD 4 TO LAKEVIEW HGTS LTS 10 & 11 BLK 1, Tax Year: 2025
Flooring: Tile
Cooling: Central Air, Electric
Heating: Central, Electric, Other
Number Of Units Total: 2, Standard Status: Active
Elementary School: Barton, Middle Or Junior School: Lake Worth Community Middle, High School: Lake Worth
Features: Complete Impact Glass
Living Area: 1624, Architectural Style: Twin Home, Half Duplex, One Story, Twin Homes, Construction Materials: CBS Construction, Stucco, Levels: 1, Stories: 1, Year Built: 1958, Year Built Details: Resale, Building Area Total: 1970, Structure Type: Duplex
County Or Parish: Palm Beach County, MLS Area Major: Lakeview Heights Add 4, Subdivision Name: LAKEVIEW HEIGHTS ADD 4
Leasable Area Units: Square Feet, Property Attached
Units In Community: 2
Electric On Property YN: t, Electric: 3 Phase Electric, Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available
Possession: Funding, Long Closing Preferred, Negotiable, Other
Tenant Pays: Water
Water Source: Public
Features: None
Building Details
Year Built
1958
Listing Agency:
Pure Equity Realty LLC
Listed By:
Onias Derilus · License #B26082407
(561) 835-5400
Source:
Riserealty
Added: Jul 16
Changed: Oct 21
Last Checked: Oct 20 at 9:21PM
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 Pure Equity Realty LLC
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Investment Insights
Based on property information with market context.
This duplex income property is offered for sale at 925 S Pine Street in Lake Worth, Florida. The asset is categorized as a residential income property and multifamily property, providing a two-unit configuration within a single ownership structure.
The property size is listed as 1,624 square feet. It is available for purchase, with the current asking price listed as $650,000.
Interested parties should confirm the unit layout, condition, and any existing leases or income details during due diligence.
The property size is listed as 1,624 square feet. It is available for purchase, with the current asking price listed as $650,000.
Interested parties should confirm the unit layout, condition, and any existing leases or income details during due diligence.
Key Highlights
- Duplex income property for sale at 925 S Pine Street in Lake Worth, Florida
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,072
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,440
$541.4K
Cap Rate 7%
$386,743
$386.7K
Cap Rate 9%
$300,800
$300.8K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$40.9K $25.20/SF
− Vacancy
−$2.3K −$1.39/SF
EGI
$38.7K $23.81/SF
− OpEx
−$11.6K −$7.14/SF
NOI
$27.1K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,440
Cap Rate 7%
$386,743
Cap Rate 9%
$300,800
Alternative Uses
Best Use
Multifamily LT 5
$386.7K
$338.4K – $451.2K
NOI $27,072 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$356.8K
$312.2K – $416.3K
NOI $24,976 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,060 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
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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?
Duplex - Duplex income property offered for sale at 925 S Pine Street in Lake Worth, Florida.
Where is this duplex located?
The property is located at 925 S Pine Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex income property for sale at 925 S Pine Street in Lake Worth, Florida; Built in 1958
