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Property profile & analytics
OFF-MARKET
Commercial real estate

713 2 Ave Lake Worth Beach, FL 33460

4,592 SF Built 1950
Entity Owned
Property ID
US18-1164805
Property summary
AI-generated overview

This exceptional investment opportunity presents a beautifully maintained, eight-unit multi-family property situated on a corner lot in desirable Lake Worth Beach, Florida. The property, located at 713 2nd Avenue S, boasts a total of 4,592 square feet and comprises two buildings. Each of the eight units is attractively furnished. Built in 1950, the property underwent a complete renovation in 2020, resulting in significant upgrades. These improvements include brand new hurricane impact glass windows and doors, fresh stucco, a new roof, refinished floors, updated plumbing and water lines, a completely overhauled mechanical and electrical system, and upgraded lighting throughout. The property also features a spacious backyard, offering ample room for the addition of a swimming pool. Its prime location places it just one block away from the renowned Bamboo Room. Detailed rent rolls are available for review upon request. The owner is also offering a package deal that includes three additional commercial/residential income-producing properties in Lake Worth Beach (805 Lake Ave, 1812 N Dixie Hwy, and 1914 N Dixie Hwy), presenting a unique opportunity for a significant portfolio acquisition. The asking price for this specific property is $1,699,000.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 4,592 SF
UPID US18-1164805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mcr 713 LLC
Mcr 713 LLC
since 2026
2 recorded transactions
2026
$1.7M
2021
$1.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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