805 S H St, Lake Worth, FL 33460
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: wendy pierre
Office: bawons properties, inc
MLS#:A11979194
Source:SEFMLS
Price summary
- Price:$3,800,000
- Price per sq. ft.:$290.79
About this home
RARE 16-UNIT MULTIFAMILY OPPORTUNITY – FOUR SOLID CBS QUADPLEXES IN A TENANT-MAGNET LOCATION
Exceptional opportunity to acquire four concrete block quadplexes located at 805, 809, 817, and 821 South H Street in Lake Worth.
This 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:
Brand new roofs
New central A/C systems
Individually metered utilities allowing tenants to pay for water and electric
Current 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.
The property is conveniently connected to major transportation corridors including Dixie Highway, 6th Avenue, and I-95.
Opportunities 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.
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Home facts
- Year built:1970
- Listing ID #:A11979194
- Updated:March 10, 2026 at 12:01 AM
Rooms and interior
- Flooring:Ceramic Tile, Concrete
- Living area:13,068 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Built-Up, Flat, Tar/Gravel
- Year built:1970
- Building area:13,068 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,800,000
- Price per sq. ft.:$290.79
- Tax amount:$52,165 (2025)
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