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Property Description

RARE 16-UNIT MULTIFAMILY OPPORTUNITY – FOUR SOLID CBS QUADPLEXES IN A TENANT-MAGNET LOCATIONrnrnExceptional opportunity to acquire four concrete block quadplexes located at 805, 809, 817, and 821 South H Street in Lake Worth. rnrnThis investment consists of 16 large 2-bedroom / 1-bath apartments, each offering over 815 square feet of living space, a highly desirable layout that consistently attracts long-term tenants. Ownership has already addressed several major expense items, dramatically reducing near-term capital risk:rnrnBrand new roofsrnrnNew central A/C systemsrnrnIndividually metered utilities allowing tenants to pay for water and electricrnrnCurrent rents average approximately $1,900 per unit, presenting a clear path to market rents of around $2,100 with minimal additional investment. The large unit sizes, desirable layout, and strong location make achieving market rents highly attainable for a capable operator.rnrnThe property is conveniently connected to major transportation corridors including Dixie Highway, 6th Avenue, and I-95.rnrnrnOpportunities to acquire 16 well-located CBS units with major improvements already completed are increasingly rare in Lake Worth. With low operating expenses, limited capital requirements, and clear rental upside, this portfolio presents a compelling opportunity for an astute investor to unlock significant value while strengthening the property’s financial performance.

Features
20
Address Map
FL
Palm Beach County
Lake Worth
33460
805 S H St
LAKE WORTH TOWN OF
W81° 56' 27.6''
N26° 36' 21.5''
LAKE WORTH TOWN OF
MLS Addon
Detached
Conventional
1
Trash Collection, None
1
Quadruplex, Fourplex
$52,165
2025
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TOD-E (c
1
09/03/2026 19:07:32

805 S H St, Lake Worth, Florida 33460

$3,800,000
13,068 size sq.ft.
Listing ID #A11979194
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11979194
Price $3,800,000
Square Footage 13,068 Sqft
Year Built 1970
Days on Market 0
Building Area 13,068 Sqft
Status Active
Property SubType Quadruplex
On Market Date 09/03/2026
Elena Beck
MiamiInvestrealty
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