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Duplex Residential Income Property

925 S Pine Street Lake Worth, FL 33460

New
925 S Pine Street, Lake Worth, FL, 33460
$650,000
For Sale
$650,000

MULTI_FAMILY - Lake Worth, FL

Property Size1,624 SF
Lot Size0.24 Acres
Price / SF$400.25
Days on Market6

Property Features for 925 S Pine Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SF-TF-
Bedrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Pets allowed
Yes, No
Fencing
Fenced
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

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public

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
8401 Lake Worth Road Suite 204, Boynton Beach, FL
Listed by Onias Derilus · License #3276618
Added: Jul 16 Updated: Jul 20 at 2:03 am Checked: Jul 21 at 2:06 am
MLS# B26053232 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-style residential income property is offered for sale and includes 1,624 square feet of total building area on a 0.24-acre lot. The property is categorized as duplexes, multifamily properties, and residential income properties, aligning with an owner looking for straightforward residential rental use.

Located at 925 S Pine Street in Lake Worth, Florida 33460, the property is situated in Palm Beach County. The listing indicates SF-TF- zoning.

With a compact lot and modest building size, this duplex configuration may appeal to buyers seeking a manageable residential income asset within the Lake Worth market.

Key Highlights

  • Built in 1958 with CBS and stucco construction
  • Central heating and central air with electric system
  • Tile flooring throughout

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 (±1% cap)
NOI $27,072 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$356.8K
$312.2K – $416.3K (±1% cap)
NOI $24,976 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M (±1% cap)
NOI $80,060 @ 7.0% cap · market cap 12.32%
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

Real Estate Agency Law Firm Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store Spa & Massage Center Acupuncture Barber Shop Veterinary Clinic (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-style residential income property for sale with SF-TF- zoning 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: Built in 1958 with CBS and stucco construction; Central heating and central air with electric system; Tile flooring throughout
Contact an agent
More about this property
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