909 S N Street, Lake Worth Beach, FL 33460 (MLS# R11116432)

909 S N Street, Lake Worth Beach, FL 33460

$1,300,000

Virtual Tour

https://www.propertypanorama.com/909-S-N-Street-Lake-Worth-Beach-FL-33460/unbranded

Property Type: Residential Income Square Footage: 4,800 Status: Active

Current Price: $1,300,000 List Date: 8/17/2025 Last Modified: 4/09/2026

Overview

Description

Renovated quadplex featuring four spacious 2-bedroom, 2-bath units — each approximately 1,200 square feet. The property consists of two concrete block duplex buildings on nearly third of acre with newer roofs, impact windows and doors, and updated interiors. Each unit includes washer/dryer or possibility of hook up and separate electric/water meters. Located just minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront, this property offers exceptional rental upside in a high-demand neighborhood. Features: ~4,800 Total Sq Ft Concrete block construction New roofs (2022) Impact windows & doors throughout Ample off-street parking Separately metered electric/water Potential market rent: $2,300+/month per unit offered at 5.75% cap rate.

Supplements: Ideal for long-term tenants, short-term rental conversion, or 1031 exchange buyers looking for a stabilized, turnkey asset with upside potential. Possible owner financing with 40% down.

Listing Details MLS# R11116432

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 4800
Building Area Source: Public Records
Living Area Main: 4800
Year Built: 1981
Gated Community YN: No
Lot Size Area: 13500
Lot Size Acres: 0.31
Lot Size Dimensions: 100.0 ft x 135.0 ft
Senior Community YN: No
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Exterior Features: None Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Pro Forma Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Assumable; Cash; Conventional; Owner Will Carry Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Appliances: Microwave; Range Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen Unit 4 Appliances: Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1350000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 909
Street Direction Prefix: S
Street Name: N
Street Suffix: Street
City Name: Lake Worth Beach
State Or Province: FL
Postal Code: 33460
Postal Zip: 33460
Subdivision Name: LAKE WORTH TOWN OF ADD 1
Area: 5610
Geographic Area: PB16
Special Assessment YN: No
Parcel Number: 38434427010290110
Zoning: SF-R(c

Financial Information

Tax Annual Amount: 19695.1
Tax Year: 2024
Tax Legal Description: LAKE WORTH TOWN OF ADD 1 LTS 11 & 12 BLK 29

Status Change Information

Major Change Timestamp: 2026-01-24T17:05:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-24T17:05:23Z
Status Change Date: 2025-08-17

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 30500
Gross Income: 106800
Net Operating Income: 76300

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 2300
Baths Full: 2
Furnished: Unfurnished
SqFt: 1200

Unit 2 Details

Actual Rent: 2200
Baths Full: 2
Furnished: Unfurnished
SqFt: 1200

Unit 3 Details

Actual Rent: 2100
Baths Full: 2
Furnished: Unfurnished
SqFt: 1200

Unit 4 Details

Actual Rent: 2300
Baths Full: 2
Furnished: Unfurnished
SqFt: 1200

Price Calculations

Current Price To SqFt: 270.83

Originating Details

Originating System Key: 20250819160955645076000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Exterior Features

None: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes

Listing Terms

Assumable: Yes
Cash: Yes
Conventional: Yes
Owner Will Carry: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Pro Forma: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Open Parking: Yes

Acreage Description

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

Listing Office: Highland Realty Advisors LLC

Last Updated: April - 09 - 2026

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