Basics
| Date added Added 2 weeks ago | Category Quadruplex | Type Residential Income | Status Active |
| Area, sq ft 5724 sq ft | Lot size, sq ft 0 sq ft | Year built 1974 | SubdivisionName LAKEVIEW HEIGHTS ADD 4 |
| ListOfficeName BAWONS Properties, Inc | ListAOR Miami Association of REALTORS® | RentIncludes Gardener, Trash Collection, Water | MLS ID A11969195 |
Description
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Description:
AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!
Attention value hunters — 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market.
This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.
Property Snapshot:
8 market rate apartments individually metered for water & electric
Four 1BR/1BA units averaging $1,600/month
Four 4:2BR/1BA units averaging $1,800/month
collecting Over $13,000 monthly
Tenants pay ALL utilities
Solid concrete block construction
Brand new roof = reduced near-term capex
Recent capital improvements keep operating costs low
Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand.Why This Deal Hits:
Strong in-place cash flow
Minimal operating expenses
Major capital item already completed
Clear value-add opportunity with upside on rents
Ideal for a hands-on investor ready to push performance
Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped upIf you know how to create value, this is your next win.
Location
- CountyOrParish: Palm Beach County
Building Details
- Cooling features: Central Air
- ArchitecturalStyle: Detached
- ParkingTotal: 12
- NewConstructionYN: No
- Building Name: LAKEVIEW HEIGHTS ADD 4
- Heating: Central
- Exterior material: Concrete Block Construction
- Roof: Shingle
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11969195
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No