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    212 N K Street

    Lake Worth Beach, FL 33460
    • $1,490,000
    • STATUS: Active
    • ON SITE: 91 Days
    • ID#: RX-10733019
    UPDATED: 23 min ago
    $1,490,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,346
      SQFT
    • $343
      $/SQFT
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    8 MULTI UNITS LOCATED IN THE HEART OF DOWNTOWN LAKE WORTH BEACH (TOTAL OF 7 1/1'S AND 1 2/1). UPDATED WITH ALL MODERN AMENITIES. INDIVIDUAL WASHER/DRYERS. ALL NEW CENTRAL AIRCONDITIONERS IN EVERY UNIT, NEW ROOF (WITH PERMIT), NEW ELECTRICAL (WITH PERMIT), NEW LANDSCAPE, ALL NEW EXTERIOR/STAIRS/WALKWAY PAINT, NEW AUTO-ZONED SPRINKLER SYSTEM. ZERO DEFFERED MAINTENANCE. TRULY TURN KEY WITH SUPER LOW COA's. ALL UNITS ALSO COME WITH ASSIGNED OFF STREET PARKING. CONDO BUILDING IS LOCATED RIGHT IN DOWNTOWN LAKE WORTH BEACH AND EASY WALK TO THE BEACH, GOLF COURSE, DOWNTOWN RESTAURANTS AND ART GALLERIES. (Operating just under 6% net cap at asking price).

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    www.thefabbrigroup.com/homes/119620285
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    212 N K Street Lake Worth Beach, FL 33460

    • Price: $1,490,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: RX-10733019
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,346
    SQFT
    $343
    $/SQFT
    1980
    Built
    Neighborhood:
    Hovianna Xii Cond Decl Filed 11-25-80
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    8 MULTI UNITS LOCATED IN THE HEART OF DOWNTOWN LAKE WORTH BEACH (TOTAL OF 7 1/1'S AND 1 2/1). UPDATED WITH ALL MODERN AMENITIES. INDIVIDUAL WASHER/DRYERS. ALL NEW CENTRAL AIRCONDITIONERS IN EVERY UNIT, NEW ROOF (WITH PERMIT), NEW ELECTRICAL (WITH PERMIT), NEW LANDSCAPE, ALL NEW EXTERIOR/STAIRS/WALKWAY PAINT, NEW AUTO-ZONED SPRINKLER SYSTEM. ZERO DEFFERED MAINTENANCE. TRULY TURN KEY WITH SUPER LOW COA's. ALL UNITS ALSO COME WITH ASSIGNED OFF STREET PARKING. CONDO BUILDING IS LOCATED RIGHT IN DOWNTOWN LAKE WORTH BEACH AND EASY WALK TO THE BEACH, GOLF COURSE, DOWNTOWN RESTAURANTS AND ART GALLERIES. (Operating just under 6% net cap at asking price).
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerZoned Sprinkler Lot Description East Of Us-1 Private Pool YN No Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Flooring LaminateTile Heating Central Unit1 Bedrooms 1 Unit1 Desc Built-In ShelvesDryerElectric MeterMicrowaveRange - ElectricRefrigeratorSmoke DetectorWalk-In ClosetsWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 500 Unit2 Bedrooms 1 Unit2 Desc Built-In ShelvesElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorSmoke DetectorWalk-In ClosetsWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 500 Unit3 Bedrooms 2 Unit3 Desc Built-In ShelvesDishwasherDryerElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorSmoke Detector Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 846 Unit4 Bedrooms 1 Unit4 Desc A/C UnitBuilt-In ShelvesDishwasherElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorSmoke DetectorWalk-In ClosetsWasher Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 500 Window Treatments Blinds

    Property Features

    Annual Net Operating Income 80000.00 Annual Total Expenses 28000.00 Application Fee 100.00 Available Info Deposit SecurityLeases Built Desc Resale Gross Operating Income 108166.00 Hoa Fee Per Month 114.00 Homeowners Association Mandatory HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes Common AreasInsurance-BldgMaintenance-ExteiorTrash RemovalWater Multifamily Type Quad Plex Possession At ClosingFunding REO No Restrictions Buyer ApprovalLease Ok Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Sq Ft Total 4346.00 Subdivision Amenities None Tax Amount 14506.00 Tax Year 2020 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventionalVa Unit1 Monthly Income 1100.00 Unit2 Monthly Income 900.00 Unit3 Monthly Income 1200.00 Unit4 Monthly Income 1200.00 Utilities ElectricPublic SewerPublic Water Zoning Mf-30 - Medium

    Listing provided courtesy of Coastline Realty, Inc.. Listing information © 2021 BeachesMLS
     
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