$2,219,516
For Sale

402 S Ocean Breeze

Lake Worth Beach, FL 33460
3044 sqft | #FX-10465632
Browse 100 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Incredible investment opportunity! Currently bringing in $251k in annual gross revenue! Seize the chance to own this unique Six-plex property featuring a main house and five additional multifamily units, all situated on one deed across three buildings. The main house offers three spacious bedrooms and two baths, while the additional units include: One efficiency apartment, Two 2-bedroom/1 bath apartments, and Two studio apartments with 1 bath apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean, this property provides unparalleled convenience and lifestyle appeal, attracting a steady stream of Airbnb visitors, tourists, and potential tenants. With its prime location and versatile living options, this investment presents a fantastic opportunity for both immediate income and long-term growth. The property's zoning allows for a mix of commercial and residential uses, offering flexible investment opportunities and diverse revenue streams.

  • Interior Details
      • CoolingElectric
  • Property Details
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • ViewOther
      • Stories2
    • Measurements
      • Square Feet3044
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1941
  • Utilities / Energy Details
      • Utility FeaturesCable Connected
  • Community and Neighborhood Details
      • SubdivisionLake Worth Town
    • Location
      • CountyPalm Beach
      • ZoningMF-20
  • Financial Details
      • Original List Price$2,219,516
      • Taxes Annual$17,470
  • Other
      • MLS #FX-10465632

Location

William Barnes | BrokerReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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