129 S K Street, Lake Worth, FL 33460

$1,775,000
4,064
SqFt

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List Price
$1,775,000
MLS#
B26043673
Status
ACTIVE
County
Palm Beach
City
Lake Worth
Subdivision
Lake Worth Town Of
Living Area
4,064

Property Description

Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

Additional Information

Days on Market
77
Year Built
2026
Stories
1
Cooling
Central Air, Electric
Heating
Central, None
Exterior Features
Balcony, Fence, Sprinkler/Irrigation, None
Roof
Other
Elementary School
South Grade
Middle School
Lake Worth Community Middle
High School
Lake Worth

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Listing courtesy of Universal Realty Associates. Contact: