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605 S J StLake Worth, FL 33460

For Sale

$1,000,000

Smart Buyer Rebate $10,000

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!

Listed by Eric Amsallem

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License #3185189

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Beachfront Realty Inc

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786-985-1374

Last updated March 19, 2025

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Source: MIAMIRE #A11734209

Listing Facts

  • TypeMulti-family
  • NeighborhoodSOSA
  • Days on Prevu220
  • Taxes$12,847/year
  • Size3,000 sqft
  • Price per sqft$333

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/19/2025
Price Increased
$1,000,000
03/05/2025
Price Decreased
$940,000
02/19/2025
Price Decreased
$980,000
02/07/2025
Price Decreased
$1,000,008
01/31/2025
Listed by Beachfront Realty Inc
$1,050,000

Property Details for 605 S J St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Roof: Other
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1921
  • Year Built Details: Resale
  • Architectural Style: Attached
  • Building Name: LAKE WORTH TOWN OF
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 3,416
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense: $34,291.00

Taxes

  • Parcel Number: 38434421152070100
  • Tax Annual Amount: $12,847.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Ceramic Floor

Measurements

  • Living Area: 3,000
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: LAKE WORTH TOWN OF

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Other

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.