927 S Pine St, Lake Worth, FL 33460
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: wendy pierre
Office: bawons properties, inc
MLS#:A11969195
Source:SEFMLS
Price summary
- Price:$1,700,000
- Price per sq. ft.:$297
About this home
AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!
Attention value hunters — 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market.
This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.
Property Snapshot:
8 market rate apartments individually metered for water & electric
Four 1BR/1BA units averaging $1,600/month
Four 4:2BR/1BA units averaging $1,800/month
collecting Over $13,000 monthly
Tenants pay ALL utilities
Solid concrete block construction
Brand new roof = reduced near-term capex
Recent capital improvements keep operating costs low
Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand.
Why This Deal Hits:
Strong in-place cash flow
Minimal operating expenses
Major capital item already completed
Clear value-add opportunity with upside on rents
Ideal for a hands-on investor ready to push performance
Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up
If you know how to create value, this is your next win.
Contact an agent
Home facts
- Year built:1974
- Listing ID #:A11969195
- Updated:February 24, 2026 at 11:05 AM
Rooms and interior
- Living area:5,724 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1974
- Building area:5,724 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,700,000
- Price per sq. ft.:$297
- Tax amount:$16,377 (2025)
New listings near 927 S Pine St
- New
$117,000Active2 beds 2 baths1,002 sq. ft.705 Lori Dr Drive #216, Palm Springs, FL 33461
MLS# R11165979Listed by: PAVON REALTY GROUP, LLC - New
$425,000Active3 beds 2 baths1,335 sq. ft.4356 Carver Street, Palm Springs, FL 33461
MLS# R11166074Listed by: COMPASS FLORIDA LLC - New
$147,500Active2 beds 1 baths820 sq. ft.2840 Lake Osborne Drive #111, Palm Springs, FL 33461
MLS# R11166107Listed by: WOOLF REALTY INC. - New
$320,000Active3 beds 2 baths1,646 sq. ft.4310 S Landar Drive, Lake Worth Beach, FL 33463
MLS# R11166167Listed by: COLDWELL BANKER REALTY - New
$525,000Active3 beds 2 baths1,242 sq. ft.1674 Roy Drive, West Palm Beach, FL 33415
MLS# R11166169Listed by: FIDELITY PROFESSIONAL REALTY - New
$415,000Active2 beds 2 baths1,348 sq. ft.7203 Pine Manor Drive, Lake Worth, FL 33467
MLS# F10554585Listed by: E CAPITAL REALTY INC - Open Sat, 11am to 1pmNew
$950,000Active2 beds 4 baths1,805 sq. ft.151 Duke Drive, Lake Worth Beach, FL 33460
MLS# R11166050Listed by: KW INNOVATIONS - New
$129,999Active2 beds 1 baths829 sq. ft.2965 Crosley Drive W #B, West Palm Beach, FL 33415
MLS# R11166029Listed by: UNITED REALTY GROUP, INC - New
$259,900Active2 beds 3 baths1,374 sq. ft.8146 Bridgewater Court #46d, West Palm Beach, FL 33406
MLS# R11166004Listed by: FLORIDA PROFESSIONAL R.E. - New
$124,900Active1 beds 1 baths780 sq. ft.3487 La Palmas Court #A-1, Greenacres, FL 33463
MLS# R11166011Listed by: UNITED REALTY GROUP INC.