$1,120,000
501 N K St
Lake Worth, FL, 33460
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.
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
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
Mortgage Calculator
Map
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
- Address501 N K St Lake Worth FL
- SubdivisionLAKE WORTH TOWN OF
- CityLake Worth
- CountyPalm Beach County
- Zip Code33460
Subdivisions in Lake Worth
- ANDALUCIA PUD PLAT,Andalucia
- ARBOURS OF THE PALM BEACH,The Arbours
- BALMORAL COUNTRY CLUB LAC
- BENT PALM APTS CONDO
- BLACKWELL PARK REV PL
- BOATMAN HAMMOCK
- CAPISTARA
- CEDAR CREEK RANCH
- CHARLESTON SHORES
- CITRUS ISLE PUD
- CLOISTERS AT LAKE WORTH
- COLLEGE PARK ADD 5
- COLONY LAKE
- COUNTRYSIDE
- COVERED BRIDGE CONDO
- COVERED BRIDGE CONDO,Covered Bridge
- CYPRESS WOODS 1
- ELAN PALM RESERVE MUPD
- Elan Polo Gardens
- ENCLAVE AT CROWN PARK
- ENCLAVE AT CROWN PARK CON
- ENGLEWOOD MANOR
- FAIRWAY CLUB CONDO
- FIELDS AT GULFSTREAM POLO
- FIELDS AT GULFSTREAM POLO,The Fields
- FLORAL PARK LANTANA
- FLORICANA INC
- FOREST OAKS RESIDENTIAL P
- FOUNTAINS OF PALM BEACH C
- GARDENS OF WILLOW BEND CO
- GARDENS OF WILLOW BEND CO,Willow Bend
- GRANDVIEW AT SPRING LAKES,Grandview
- GREENLAND 5
- HAMLET AT POINCIANA CONDO
- HEATHWOOD RESERVE PUD,Heathwood Reserve
- Heritage Farms
- HOMELAND
- HOVIANNA II APTS CONDO
- HYPOLUXO VILLAGE 2,HYPOLUXO VILLAGE
- JOURNEYS END 2,JOURNEYS END
- LACUNA ATLANTIC NATIONAL
- LAKE CHARLESTON PAR R,Lake Charleston
- LAKE CHARLESTON TR X
- LAKE CHARLESTON TRS T AND
- LAKE CLARKE GARDENS CONDO
- LAKE OSBORNE ESTATES
- LAKE OSBORNE ESTATES 6
- LAKE OSBORNE HEIGHTS
- LAKE WORTH HEIGHTS
- LAKE WORTH TOWN OF
- LAKE WORTH TOWN OF ADD 1
- LAKES OF LANTANA PH 2-B
- LAKESHORE AT THE FOUNTAIN
- LAKESHORE AT THE FOUNTAINS
- LAKEVIEW HEIGHTS ADD 4
- LANTERN KEY
- LEE’S CROSSING
- LUCERNE GREENS CONDO
- LUCERNE POINTE ONE,TWO,TH
- LUCERNE POINTE ONE,TWO,TH,Lucerne Pointe
- LYNX GOLF ESTATES
- MARINER IV CONDO
- MARINER IV CONDO,MARINER IV
- MEADOWGREEN TRAIL
- MODEL LAND CO
- NORTH LAKE WORTH
- PALM BEACH FARMS CO 3
- PALM BEACH FARMS CO 7
- PALM BEACH RANCHES
- PARKVIEW VILLAS CONDO
- POINCIANA LAKES CONDO
- POINCIANA PLACE CONDO 1,2
- POINCIANA PLACE CONDO 1,2,Oxford
- POINCIANA PLACE CONDO A,B
- POLO LEGACY MXPD
- SAN CASTLE 1ST AND 2ND AD
- SOUTH PALM PARK
- SOUTH SEA APTS CONDO
- SPRINGS PL 1
- ST ANDREWS AT BOYNTON B
- ST ANDREWS AT BOYNTON BEA
- Summer Chase/Cypress Woods
- The Lynx Golf Estates
- The Lynx Golf Estates,Lynx Golf Estates
- The Lynx Golf Estates,The Lynx Golf Estate
- TOSCANA ISLES PUD PL
- TOWNE PARK TR E
- VILLAGES OF WINDSOR 3
- WAGNER SUBDIVISION
- WATERWAY CLUB
- WHITEHORSE ESTATES,Farmington
- WINDSONG ESTATES
- WINSTON TRAILS PAR 11 PH
- WINSTON TRAILS PAR 16
- WINSTON TRAILS PAR 2,Winston Trails]
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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










