927 Pine St ,Detached, Quadruplex, Lakeview Heights Add 4 for Sale

927 Pine St for Sale

Price $1,700,000.00

• Lot size 5724
• Year Build 1974
• Waterfront
• Zip 33460
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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.

ADD 4 TO LAKEVIEW HGTS LTS 12 & 13 BLK 1

Less Than 1/4 Acre Lot

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.

City:Lake Worth,Zoning:SF-TF-14,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Flooring:1:Concrete,Latitude:26.6039473,Cooling Y N:1,Heating Y N:1,List Price:1700000,Listing Id:A11969195,Longitude:-80.0673569,Mls Status:Active,Year Built:1974,Living Area:5724,Postal Code:33460,Street Name:Pine St,Coordinates:1:26.6039473,Photos Count:21,Building Name:LAKEVIEW HEIGHTS ADD 4,Lot Size Units:Square Feet,M I A M I R E_ Area:5640,M L S Area Major:Lakeview Heights Add 4,On Market Date:2026-02-20,Parcel Number:38434428060010120,Parking Total:12,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:2,Street Number:927,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Palm Beach County,Expiration Date:2026-06-30,List Office Name:BAWONS Properties, Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4772,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:S,Subdivision Name:LAKEVIEW HEIGHTS ADD 4,Tax Annual Amount:16377,Total Actual Rent:161280,Unparsed Address:927 S Pine St, Lake Worth FL 33460,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:5724,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:296.9951,Original List Price:1700000,Public Survey Range:38,Documents Available:1:Copy Of Lease(S),I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-02-20,Originating System I D:miamire,Public Survey Section:28,Showing Instructions:Call Listing Agent,Street Number Numeric:927,Tax Legal Description:ADD 4 TO LAKEVIEW HGTS LTS 12 & 13 BLK 1,M I A M I R E_ Current Price:1700000,Public Survey Township:38,M I A M I R E_ Municipal Code:38,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Palm Beach 5600; 5610; 5620; 5630; 5640,M I A M I R E_ Parcel Number M L X:0120,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.603951$-80.067402$234.46$13.33$1.00$ZPYjTbz4bzTXhcCo7j7VSQ,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-02-20,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:6,M I A M I R E_ Agent Alternate Phone:305-509-8336,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:927 S Pine St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:297,Internet Automated Valuation Display Y N:1,