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$1,700,000
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Property 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.
Full Property Details
Full Property Details for 927 S Pine St
General
- Price: $1,700,000
- Taxes: $16,377 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11969195
- Updated: 2/20/2026
- Added to Site: 46 day(s) ago
Rental Information
- Rent Includes: Gardener, Trash Collection, Water
Interior
- Flooring: Ceramic Floor, Concrete
Parking
- Total Spaces: 12
Location
- Area: Lakeview Heights Add 4
- County: Palm Beach County
- Subdivision: LAKEVIEW HEIGHTS ADD 4
- Building Name: LAKEVIEW HEIGHTS ADD 4
Community
- Community Name: Lakeview Heights Add 4
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 5724
- Square Feet: 5,724
- Living Area: 5,724 Sq. Ft.
- Year Built: 1974
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: SF-TF-14
Financial Considerations
- Price Per Sq. Ft.: $297
- Tax Amount: $16,377
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Documents Avail.: Deposit Held, Copy Of Lease(S)
- Legal Description: ADD 4 TO LAKEVIEW HGTS LTS 12 & 13 BLK 1
- Property ID: 38434428060010120
Listed by BAWONS Properties, Inc
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Schools
Schools serving 927 S Pine St
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Barton Elementary School 1700 Barton Rd, Lake Worth Beach, FL 33460 | PK-5 | 0.6 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 0.8 mi |
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461 | 6-8 | 2 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 927 S Pine St
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 927 S Pine St
927 S Pine St, Lake Worth, FL 33460 (MLS# A11969195) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 927 S Pine St is currently listed for $1,700,000 and was received on February 20, 2026. Want to learn more about 927 S Pine 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.

