501 N K St Lake Worth FL 33460 MLS #A11968882
501 N K St
Lake Worth, FL, 33460
$1,120,000
Beds
0 Baths
3,305 SqFt
0 Acres
$1,120,000
501 N K St
Lake Worth, FL, 33460
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TURNKEY CASH FLOW IN THE HEART OF DOWNTOWN LAKE WORTH!

Investor-ready and fully renovated, this high-performing multi-unit compound delivers immediate income and long-term upside in one of Lake Worth’s most tenant-friendly locations. Situated on a prime corner lot just a couple blocks from downtown, this property combines strong in-place rents with low operating costs — exactly what today’s investors are chasing.

Property Breakdown:

Two-story triplex:

Ground floor: 1 spacious 3BR/2BA apartment

Second floor: Two 2BR/1BA apartments

Detached 2BR/1BA apartment home on the same parcel

Fully renovated throughout — minimal deferred maintenance

Reliable gross income of $7,950/month

Owner utilities under $400/month — strong expense control

Positioned within walking distance to Lake Worth’s most popular bars, restaurants, and entertainment venues, this property benefits from consistent rental demand. Easy access to major job centers, schools, the beach, and the Town of Palm Beach makes it even more attractive to tenants.

Why Investors Love This Asset:

Immediate, proven cash flow

Renovated units = reduced capex risk

Desirable unit mix

Corner lot with strong rental appeal

Low operating expenses relative to income

Prime walkable downtown location

Turnkey. Stabilized. Cash flowing. Renovated Properties with proven track record like this in Downtown Lake Worth are rare.

Property Details

Price:
$1,120,000
MLS #:
A11968882
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAKE WORTH TOWN OF
Neighborhood:
lakeworthtownof
Listed Date:
Feb 19, 2026
Finished Sq Ft:
3,305
Total Sq Ft:
3,379
Year Built:
1925
Lake Worth Town OfLakeworthtownofLake Worth Town Of

Schools

Interior

Cooling
Central Air, Wall/Window Unit(s)
Flooring
Concrete, Wood
Heating
Central, Window/Wall

Exterior

Architectural Style
Detached, Other
Construction Materials
Frame With Stucco
Parking Spots
4
Roof
Built-Up, Flat Roof With Facade Front, Tar & Gravel Roof

Financial

Tax Year
2025
Taxes
$12,884
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Current real estate data for Multi Family in Lake Worth as of Mar 21, 2026
10
Multi Family Listed
54
Avg DOM
384
Avg $ / SqFt
$1,687,000
Avg List Price

Community

Subdivisions in Lake Worth

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Property Summary

    Located in the LAKE WORTH TOWN OF subdivision, 501 N K St Lake Worth FL is a Multi Family for sale in Lake Worth, FL, 33460. It is listed for $1,120,000
501 N K St
Lake Worth, FL