512 N 9th Avenue N, Lake Worth Beach, FL 33460 (MLS# R11168652)

512 N 9th Avenue N, Lake Worth Beach, FL 33460

$800,000

Virtual Tour

https://www.propertypanorama.com/512-N-9th-Avenue-Lake-Worth-Beach-FL-33460/unbranded

Property Type: Residential Income Square Footage: 2,603 Status: Active

Current Price: $800,000 List Date: 3/04/2026 Last Modified: 4/09/2026

Overview

Description

ROOF 2022 - over $60,000 spent in renovations Desirable Lake Worth Beach location east of US-1. Fourplex with strong in-place income and value-add upside with one unit currently available for lease. Unit mix and rents: Unit 512: 2BR/1BA rented at $1,950/month (lease through 12/31/2026) Unit 518: 1BR/1BA rented at $1,700/month (lease through 11/30/2026) Unit 516: Studio rented at $1,350/month (lease through 12/31/2026) Unit 514: Studio currently vacant; market rent approximately $1,350-$1,500/month 4 separate electric meters Roof approximately 5 years old. Parking for 4 vehicles plus street parking. Six onsite coin-operated laundry machines provide additional income potential. Convenient to K-8 school, downtown Lake Worth Beach, shopping, dining, and the beach

Supplements: With ongoing redevelopment, infrastructure improvements, and continued demand for rental housing, property values in Lake Worth Beach have shown steady appreciation over the past several years. Its location east of US-1 is especially desirable due to proximity to the Intracoastal Waterway, beaches, golf course, dining, shopping, and entertainment. ... (Read more)

Listing Details MLS# R11168652

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 2603
Building Area Source: Public Records
Living Area Main: 2043
Year Built: 1955
Gated Community YN: No
Lot Size Area: 6750
Lot Size Acres: 0.15
Lot Size Dimensions: 50.0 ft x 135.0 ft
Senior Community YN: No
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: Playground Documents Available: Copy Of Lease(s); Other Exterior Features: None Flooring: Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: Concrete; Stucco Cooling: Wall/Window Unit(s) Heating: Other Listing Terms: Cash; Conventional; FHA Possession: Negotiable Restrictions: No Restrictions Roof: Mixed Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: No Homestead Utilities: Cable Available; Sewer Available Water Access: None Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent Occupant Details: Tenant Occupied Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Other Equipment: Air Conditioning Unit Acreage Description: Less Than 1/4 Acre Lot; 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 80000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 512
Street Direction Prefix: N
Street Name: 9th
Street Suffix: Avenue
Street Direction Suffix: N
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33460
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF
Area: 5600
Geographic Area: PB16
Elementary School: North Grade K-8
Middle Or Junior School: Lake Worth
High School: Lake Worth
Parcel Number: 38434421152840010
Zoning: SF-TF-
Directions: US 1 to 9th

Financial Information

Tax Annual Amount: 13501.3
Tax Year: 2025
Tax Legal Description: TOWN OF LAKE WORTH LT 1 BLK 284

Status Change Information

Major Change Timestamp: 2026-03-04T19:21:06Z
Major Change Type: Price Change
Price Change Timestamp: 2026-03-04T19:21:06Z
Status Change Date: 2026-03-04

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 20000
Gross Income: 78000
Net Operating Income: 58000

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 1950
Baths Full: Yes
Furnished: Unfurnished
SqFt: 800

Unit 1 Lease Description

Lease Expiration: 2026-12-31

Unit 2 Details

Actual Rent: 1700
Baths Full: Yes
Furnished: Unfurnished
SqFt: 800

Unit 2 Lease Description

Lease Expiration: 2026-11-26

Unit 3 Details

Actual Rent: 1350
Baths Full: Yes
Furnished: Unfurnished
SqFt: 600

Unit 3 Lease Description

Lease Expiration: 2026-12-31

Unit 4 Details

Baths Full: Yes
Furnished: Unfurnished
SqFt: 600
Actual Rent: 0

Price Calculations

Current Price To SqFt: 391.58

Originating Details

Originating System Key: 20260304181933393102000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Playground: Yes

Exterior Features

None: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes
Other: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes

Heating

Other: Yes

Water Access

None: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Roof

Mixed: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes
Text Listing Agent: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

No Homestead: Yes

Occupant Details

Tenant Occupied: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: The Keyes Company

Last Updated: April - 09 - 2026

Broker Attribution: 561-577-0398

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