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- Market Report
- Home Value
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1974
Sq.Footage
5,724
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex
Price
-
Sales Price
$1,700,000
-
Tax Amount
$16,377
-
Zoning
SF-TF-14
-
Sq. Footage
5, 724
-
Price/SqFt
$296
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Wendy Pierre , BAWONS Properties, Inc
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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