$1,495,000

626 S Federal Highway 5, Lake Worth Beach, FL 33460

  • 4,242 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $352/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.

Listing Status:
Active
Date Added:
June 25, 2026
Data Last Updated:
July 3, 2026 at 7:06AM
Listing Office:
JD Bols & Associates : 619-301-6383
Listing Agent:
John Bols : 619-301-6383
MLS ID:
B26045347
  • Flooring: Ceramic FloorTerrazzoTileVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: None
  • Parking: Free ParkingParking spaces: 8
  • Roofing: Comp Shingle RoofShingle
  • General: Concrete Block ConstructionSlab ConstructionStucco1
  • Road/Access: City StreetCity/County MaintainedCity
  • Originating MLS: Miami Association of REALTORS®
  • County: Palm Beach County
  • Zoning: MU-FH (city)ADD 1 TO TOWN OF LAKE WORTH LTS 2 & 3 (LESS W 5 FT) BLK 838434427010080020
  • Utilities: Cable AvailableElectricity AvailableNatural Gas Available100 Amp ServiceElectricity on Property
  • Water: Public
  • Sewer: Public SewerPublic SanitationSewer
  • Source: Miami Association of REALTORS®
  • Ownership: Other Ownership

This listing courtesy of John Bols , JD Bols & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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