Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
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Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.
Raymond F. Kravis Center for the Performing Arts is the culture icon for the West Palm Beach Area. This 2000 plus seat venue hosts a treasure of Dance, Music and Dramatic performances each year.
West Palm Beach is home to Lion Country Safari. It is a 500-acre cage less zoo that has thousands of free roaming animals. It would make a great stop for the family if you are visiting West Palm Beach.
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