Property profile

3439 Kirk Rd Lake Worth Beach, FL 33461

OFF-MARKET
Apartment buildings
Built 1974
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Property summary

AI-generated overview

This charming Lake Worth Beach property, located at 3439 Kirk Rd, 33461, presents a fantastic investment opportunity. Built in 1974, this single-story multifamily building is comprised of a legal duplex, each side featuring identical two-bedroom, one-bathroom units. Adding to the income potential is an unpermitted one-bedroom, one-bathroom efficiency unit located at the rear of the property. The property boasts a recently updated roof (installed within the last five years) and central air conditioning units that are only three years old. Both duplex units feature attractive Mexican tile flooring and updated kitchens. A significant advantage for the buyer is that all units will be vacant at closing, allowing for immediate renovations and the opportunity to maximize rental income. The property is being sold "as-is." The property features two separate electric meters. This property offers a compelling combination of solid structure, recent upgrades, and high rental potential in a desirable location within Palm Beach County, Florida. The property's location in Lake Worth Beach provides easy access to local amenities and attractions.

Property profile

Verified
Property type Apartment buildings
Year built 1974

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3439 Kirk Rd Lake Worth Beach, FL 33461
Lake Worth Beach metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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