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$1,000,000

  • For Sale
  • Active
  • Multi-Family
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Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591. Don't miss this opportunity!

Full Property Details for 605 S J St

General

  • Price: $1,000,000
  • Taxes: $12,847 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11734209
  • Updated: 3/19/2025
  • Added to Site: 351 day(s) ago

Rental Information

  • Rent Includes: Sewer

Interior

  • Flooring: Ceramic Floor

Parking

  • Total Spaces: 5

Location

  • Area: Lake Worth Town Of
  • County: Palm Beach County
  • Subdivision: LAKE WORTH TOWN OF
  • Building Name: LAKE WORTH TOWN OF

Community

  • Community Name: Lake Worth Town Of
  • Association: Yes
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Other

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Roof: Other
  • Stories/Levels: 1
  • Building Size: 3416
  • Square Feet: 3,000
  • Living Area: 3,000 Sq. Ft.
  • Year Built: 1921

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: SF-R (ci

Financial Considerations

  • Price Per Sq. Ft.: $333.33
  • Assoc Fee Freq.: Monthly
  • Operating Expenses: $34,291
  • Tax Amount: $12,847
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Financial Statement
  • Legal Description: TOWN OF LAKE WORTH LOT 10 BLK 207
  • Property ID: 38434421152070100

Listed by Beachfront Realty Inc

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Listing agent

— 605 S J St —

  • Beachfront Realty Inc

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 605 S J St

School District:Palm Beach County School District
NameGradesDistance
South Grade Elementary School
716 S K St, Lake Worth Beach, FL 33460
PK-50.1 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-120.8 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-81.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 605 S J St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2025
Price Increased
$1,000,000
6.38%
MLS
3/05/2025
Price Reduced
$940,000
-4.08%
MLS
2/19/2025
Price Reduced
$980,000
-2%
MLS
2/07/2025
Price Reduced
$1,000,008
-4.76%
MLS
1/31/2025
Listed
$1,050,000
116.49%
MLS
8/05/2019
Sold
$485,000
—
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 605 S J St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,552
5%
$603,462
5%
2024
$12,847
6%
$572,715
-2%
2023
$12,126
15%
$585,252
54%
2021
$10,572
3%
$380,245
—
2022
$10,279
-3%
$378,622
8%
2021
$10,572
32%
$352,070
40%
2019
$7,988
15%
$252,256
10%
2018
$6,961
7%
$229,324
10%
2017
$6,508
2%
$208,602
1%
2016
$6,409
13%
$206,959
21%
2015
$5,696
11%
$171,244
18%
2014
$5,123
21%
$145,085
49%
2013
$4,239
—
$97,571
—
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.

Estimate the Cost for 605 S J St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Beachfront Realty Inc

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605 S J St, Lake Worth, FL 33460 (MLS# A11734209) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 605 S J St is currently listed for $1,000,000 and was received on January 31, 2025. Want to learn more about 605 S J St? 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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