FOR SALE

927 Pine St

Palm Beach, Lakeview Heights Add 4, Lake Worth, FL

Asking

$1,700,000

BTC

23.361

ETH

772.13

Home Size
5,724 sq. ft.
Year Built
1974
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 up If you know how to create value, this is your next win.

LOADING

Location

Market Area
Palm Beach
Neighborhood
LAKEVIEW HEIGHTS ADD 4

Agent

Wendy Pierre

+1 310 910 1722

Contact Email

[email protected]