Duplex Income
925 S Pine Street Lake Worth, FL 33460
New
925 S Pine Street, Lake Worth, FL, 33460
$650,000
For Sale
$650,000
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 Market6
Property Features for 925 S Pine Street
General Information
- Standard status
- Active
- Size
- 1,624 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1958
Listing agency
Pure Equity Realty LLC
(561) 835-5400
Listed by
Onias Derilus · License #3085829
(561) 835-5400
Source
Riserealty
Added: Jul 16 Updated: Jul 21 at 7:21AM Checked: Jul 21 at 7:21AM
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
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
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 | $40.9k | $25.20 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $38.7k | $23.81 |
| − OpEx | −$11.6k | −$7.14 |
| NOI | $27.1k | $16.67 |
1,624 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
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