USAFLLake WorthLake Worth Town of409 4Th Ave N
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409 4 Th Ave N, Lake Worth, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,960,000

008

MLS® A11968957

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 6100 sqft
Garage No
Taxes $29,978
Days Active 0
Lot Size 
Approx. Age 1968
Avg. Price Per Sqft $321
MLS® Number A11968957

Property Address: 409 4th Ave N, Lake Worth, FL, 33460-3496

Average square foot calculated using Size range provided by listing agent.

Description

RARE VALUE-ADD OPPORTUNITY IN DOWNTOWN LAKE WORTH! This is the high-upside multifamily deal you’ve been waiting for. Located at 409 4th Ave North, this two-story CBS building sits on a prime corner lot just off Federal Highway and only two blocks from Lucerne Ave, placing it squarely in one of Lake Worth’s strongest rental corridors. Property Highlights: 8 spacious 2BR/2BA apartments Below-market rents = immediate value-add potential Currently collecting $14, 000/month with room to grow Owner utilities under $600/month (includes washers & dryers) Durable CBS construction with a 2017 gable roof (approx. 30-year service life) Updated plumbing and appliances Tenants love this walkable downtown pocket with easy access to major employment centers, schools, restaurants, bars, the beach, and the Town of Palm Beach. Strong fundamentals support both rent growth and long-term appreciation. Why This Deal Stands Out: Proven income with upside on rents Major capital items already addressed Efficient expense profile Desirable 2BR/2BA unit mix Quiet Corner lot with great access True value-add without heavy lift Stabilized today, scalable tomorrow. Opportunities to reposition an 8-unit this close to Lucerne Ave without major capital expenditure. These rare value-add assets in Downtown Lake Worth do not last.
MLS® NumberA11968957
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1968
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$1,960,000List Price
  • Commute

Commute

Starting Address
Destination Address
409 4 Th Ave N, Lake Worth, FL

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