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.
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.
Property Details
Price:
$3,800,000
MLS #:
A11979194
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAKE WORTH TOWN OF
Neighborhood:
lakeworthtownof
Listed Date:
Mar 9, 2026
Finished Sq Ft:
13,068
Total Sq Ft:
13,068
Year Built:
1970
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Ceramic Floor, Concrete
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction, CBS Construction
Parking Spots
20
Roof
Built-Up, Flat Roof With Facade Front, Tar & Gravel Roof
Financial
Tax Year
2025
Taxes
$52,165
Map
Community
- Address805 S H St Lake Worth FL
- SubdivisionLAKE WORTH TOWN OF
- CityLake Worth
- CountyPalm Beach County
- Zip Code33460
Subdivisions in Lake Worth
Market Summary
Current real estate data for Multi Family in Lake Worth as of Mar 10, 2026
9
Multi Family Listed
48
Avg DOM
364
Avg $ / SqFt
$1,555,556
Avg List Price
Property Summary
- Located in the LAKE WORTH TOWN OF subdivision, 805 S H St Lake Worth FL is a Multi Family for sale in Lake Worth, FL, 33460. It is listed for $3,800,000 To schedule a showing of MLS#a11979194 at 805 S H St in Lake Worth, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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