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$1,975,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.15 Acres
See This Home
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Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

Full Property Details for 129 S K St

General

  • Price: $1,975,000
  • Taxes: $4,789 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: B26043673
  • Updated: 6/21/2026
  • Added to Site: 16 day(s) ago

Interior

  • Flooring: Ceramic Tile, Laminate, Other

Rooms

Other Rooms

  • Laundry: In Unit

Exterior

  • Exterior Features: Balcony, None, Outdoor Living Area
  • Porch/Patio/Deck: Open, Balcony

Parking

  • Total Spaces: 4

Location

  • County: Palm Beach
  • Subdivision: LAKE WORTH TOWN OF

School Information

  • Elementary School: South Grade
  • Middle School: Lake Worth
  • High School: Lake Worth

Community

  • Community Name: 5610
  • Units Assoc/Comm: 4
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, None

Utilities

  • Sewer: Public Sewer
  • Water: Multiple Meters, Public
  • Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • # Water Meters: 4
  • # Electric Meters: 4

Structural Information

  • Structure Type: Quadruplex
  • Construction: Block
  • Roof: Other
  • Windows: Other
  • Stories/Levels: 1
  • Building Size: 4628
  • Square Feet: 4,064
  • Sq. Ft. Source: Public Records
  • Living Area: 4,064 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction

Lot Features

  • Property View: Garden
  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50.0 ft x 135.0 ft
  • Frontage: City Street, Paved
  • Road Maintenance: Public Maintained Road
  • Sidewalks: Yes
  • Lot Features: Corner Lot, Sprinklers Automatic, 1/4 Acre
  • Zoning: MF-30 (city)
  • Fencing (Description): Fenced

Water Features

  • Water Front View: None

Financial Considerations

  • Assessment Amount: $199,375
  • Tax Amount: $4,789.86
  • Tax Year: 2025
  • Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: Standard, Listed As-Is
  • Documents Avail.: Other
  • Legal Description: TOWN OF LAKE WORTH LTS 31 & 32 BLK 49
  • Property ID: 38434421150490310

Listed by Universal Realty Associates

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Listing agent

— 129 S K St —

  • Universal Realty Associates

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 129 S K St

School District:Palm Beach County School District
NameGradesDistance
South Grade Elementary School
716 S K St, Lake Worth Beach, FL 33460
PK-50.5 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-120.7 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 129 S K St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/21/2026
Listed
$1,975,000
433.78%
MLS
2/18/2020
Sold
$370,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 129 S K St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,790
-8%
$199,375
-6%
2024
$5,186
-9%
$213,100
9%
2023
$5,690
7%
$194,950
13%
2021
$5,336
-8%
$172,800
-22%
2022
$5,817
9%
$222,750
-30%
2021
$5,336
-9%
$316,323
139%
2019
$5,885
15%
$132,109
10%
2018
$5,114
7%
$120,099
10%
2017
$4,775
8%
$109,181
10%
2016
$4,433
6%
$99,255
10%
2015
$4,194
7%
$90,232
10%
2014
$3,927
9%
$82,029
10%
2013
$3,608
—
$74,572
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Universal Realty Associates

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129 S K Street, Lake Worth, FL 33460 (MLS# B26043673) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 129 S K Street is currently listed for $1,975,000 and was received on June 21, 2026. Want to learn more about 129 S K Street? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.

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