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605 S J St Lake Worth, FL $ 1,000,000
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$ 1,000,000 Get more info
605 S J St
$ 1,000,000
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Share Save

605 S J St

Lake Worth, FL, 33460
$ 1,000,000
Baths0.0 Sq 3,000

Monthly Estimate*

$ 6,157

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View a Virtual Tour
Studio

Multi-Family Home for sale in Lake Worth, FL

for $1,000,000. This 3,000 square foot home was built in 1921.

Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591. Don’t miss this opportunity!

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,847

Style

Year Built

1921

Town/City

Lake Worth

County/Region

Palm Beach

MLS | Web ID

A11734209
Features
General
Sewer Other
Heating Central
Cooling Central Air
Utilities Cable Not Available
Possession Closing & Funding
Roof Other
HOA Fee 0
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1921
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
Assoc Fee Paid Per Monthly
County Palm Beach
Net Operating Income 51808
Operating Expense 34291
Property Type Residential Income
Subdivision Name LAKE WORTH TOWN OF
Rent Includes Sewer
Status Active
City Lake Worth
Disclosures Owner Is Listing Agent
Zoning Description SF-R (ci
MLS Area 4120
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 12847
MLS Area Minor Palm Bch 4180;4190;4240;4250;4260;4270;4280;4290
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11734209
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 86100
Property Sub Type Additional Quadruplex
Legal Description TOWN OF LAKE WORTH LOT 10 BLK 207
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 5
Building Area Total 3416
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Beachfront Realty Inc

Broker

eric@florida-invest.com

Email

Affordability Calculator

$7,228
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$1,071
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/31/2025 $1,000,000 Listed Price

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605 S J St, Lake Worth, FL, 33460 is a Multi-Family Home for sale at $1,000,000 with 3,000 sqft. 605 S J St is a studio with 0.0 baths and was built in 1921. The property's zip code is 33460 which is in Lake Worth, FL

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