805 S H St, Lake Worth FL 33460

  • $3,800,000

Overview

  • Quadruplex
    Property Type
  • 13068 Square Feet
    Area Size
  • Square Feet
    Land Area
  • 1970
    Year Built
  • BAWONS Properties, Inc
    Listing Office
  • Wendy Pierre
    Listing Agent
  • A11979194
    Property ID

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Description

THIS OFFERING IS PART OF A 32-UniT Apartment Portfolio comprising of 927 S Pine St, 714 South F, and 805-809-817-821 South H

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.

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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Details

Updated on June 2, 2026 at 1:31 pm
  • Property ID A11979194
  • Price $3,800,000
  • Property Size 13068 Square Feet
  • Year Built 1970
  • Property Type Quadruplex
  • Property Status Residential Income
  • Listing Agent Wendy Pierre
  • Listing Office BAWONS Properties, Inc

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