510 24th N Avenue Lake Worth, FL $ 1,300,000
510 24th N Avenue
$ 1,300,000
Recently Listed

510 24th N Avenue Lake Worth, FL, 33460

$ 1,300,000
Bedrooms Baths26.0 Sq 782

Monthly Estimate*

$ 5,040

How much can I afford?
510 24th N Avenue, Lake Worth, FL 33460 - Image 1
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510 24th N Avenue, Lake Worth, FL 33460 - Image 7
510 24th N Avenue, Lake Worth, FL 33460 - Image 8
510 24th N Avenue, Lake Worth, FL 33460 - Image 9
510 24th N Avenue, Lake Worth, FL 33460 - Image 10
510 24th N Avenue, Lake Worth, FL 33460 - Image 11
510 24th N Avenue, Lake Worth, FL 33460 - Image 12
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Multi-Family Home for sale in Lake Worth, FL

for $1,300,000 with 26 full baths. This 782 square foot home was built in 1980.

These opportunities to earn this much money on an acquired rent roll don't come along very often. This package consists of a condominium portfolio of 13 units of a 36 unit complex, all currently rented and ready to go in a residential section of northern Lake Worth, Florida, just blocks from the West Palm Beach Canal. Cap Rate in the 10 percent range at current rents, returning more than $160, 000 annually. Units are deeded individually as condominiums, but are offered exclusively as a package. Also, a low HOA fee, and the room to increase rents to reach current market value, makes this a very desirable addition to a serious investor's portfolio.

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Multi-Family Active

Price

$ 1,300,000

Full Bath

26

Property Type

Multi-Family

Taxes

$ 1,033

Style

Income

Year Built

1980

Town/City

Lake Worth

County/Region

Palm Beach

MLS | Web ID

RX-10486602

Features
Interior
Cooling System Central Air Electric Cooling
Flooring Tile Flooring Wood Floors
Heating Source Electric
Heating System Central Heat
Sewer Public Sewer
Water Source Public Water
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Exterior
Exterior Pool
Lot Description Subdivision
Roof Composition Shingles
Waterfront Description Access
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Miscellaneous
Documents Copy of Lease
Maintenance Fee Includes Exterior Maintenance Insurance Other Sewer Trash/Garbage Pickup Water
Utilities Cable Electric
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Rental
Tenant Pays Cable Electric
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* Excluded Features
List By
Amy Stark Snook

Listing Agent

Keller Williams Coastal Partners

Broker


Affordability

$ 5,126 per month
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Monthly Principal & Interest
$5,040
Monthly Property Taxes
$86
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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510 24th N Avenue, Lake Worth, FL, 33460 is a Multi-Family Home for sale at $1,300,000 with 782 sqft. 510 24th N Avenue has 26.0 baths and was built in 1980. The property's zip code is 33460 which is in Lake Worth, FL