Two-Unit Duplex with Separate
For Sale
$650,000
925 S Pine Street, Lake Worth, FL 33460
Residential Income, Lake Worth, FL
Property Size1,624 SF
Lot Size0.24 Acres
Price / SF$400.25
Days on Market97
Property Features for 925 S Pine Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SF-TF-
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Pets allowed
No, Yes
Fencing
Fenced
Subdivision
LAKEVIEW HEIGHTS ADD 4
Elementary school
Barton
Middle school
Lake Worth
High school
Lake Worth
Standard status
Active
APN
38434428060010100
Size
1,624 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ADD 4 TO LAKEVIEW HGTS LTS 10 & 11 BLK 1
Tax Annual Amount
5300
Legal Description
ADD 4 TO LAKEVIEW HGTS LTS 10 & 11 BLK 1
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
fenced backyard
Building Details
Year built
1958
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
CBS, Stucco
Roof type
Composition
Listing Agency:
Pure Equity Realty LLC
Listed By:
Onias Derilus · License #3276618
(561) 835-5400
Added: Jul 16
Changed: Oct 19
Last Checked: Oct 20 at 12:06AM
MLS# B26053232
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.
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Investment Insights
Based on property information with market context.
This one-story duplex contains two 2-bedroom, 1-bathroom residences, each measuring 812 square feet, for a total of 1,624 square feet. Both units have a kitchen and central air conditioning, with separate electric and water meters. The building was constructed in 1958 with CBS and stucco materials; tile flooring and a fenced backyard are also present.
The property occupies a 10,319-square-foot lot at 925 S Pine Street in Lake Worth, Florida. Public water and sewer serve the site, and the zoning designation is SF-TF-.
The property occupies a 10,319-square-foot lot at 925 S Pine Street in Lake Worth, Florida. Public water and sewer serve the site, and the zoning designation is SF-TF-.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units, each with 812 square feet
- 1,624 square feet of building area on a 10,319‑square‑foot lot
- Separate electric and water meters for each unit
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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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
597
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own kitchen, central air conditioning, and dedicated parking.
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: Two 2‑bedroom, 1‑bathroom units, each with 812 square feet; 1,624 square feet of building area on a 10,319‑square‑foot lot; Separate electric and water meters for each unit
