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$1,240,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.2 Acres
See This Home
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I am excited to share details about an excellent cash flow property that is ready for immediate income generation. This property requires absolutely nothing in terms of maintenance, allowing you to start receiving rental payments from day one. Key features include: * **Ready-to-Go:** New appliances throughout the units. * **Utilities:** Well water irrigation system with an automatic timer. * **Parking & Amenities:** Two designated parking spaces per unit and private patios. * **Financial Advantage:** No HOA fees. The location offers easy access to the I-95 interstate highway. The closest beach is approximately 2.0 miles away (a six-minute drive), and the surrounding area in the City of Lake Worth provides numerous parks and amenities for residents. This is a must-see investment.

Full Property Details for 1216 N 16th Ave N #10

General

  • Sold For: $1,240,000
  • Taxes: $14,877 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: R11134369
  • Added to Site: 57 day(s) ago

Interior

  • Flooring: Ceramic Tile

Additional Information

  • Shared Amenities: None

Exterior

  • Exterior Features: Outdoor Living Area
  • Porch/Patio/Deck: Patio

Location

  • County: Palm Beach
  • Subdivision: LAKE WORTH HEIGHTS
  • Driving Directions: 10th av east of i95 to D st turn north to 16th av then east to property

School Information

  • Elementary School: North Grade K-8
  • Middle School: Lake Worth
  • High School: Lake Worth

Community

  • Community Name: 5620
  • Units Assoc/Comm: 4

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Available, Water Available

Structural Information

  • Structure Type: Quadruplex
  • Construction: Block, Concrete
  • Roof: Composition
  • Stories/Levels: 1
  • Building Size: 3248
  • Square Feet: 3,248
  • Living Area: 3,248 Sq. Ft.
  • Year Built: 1971
  • Property Condition: Resale

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Features: Sprinklers Automatic, 1/4 Acre
  • Zoning: SF-R(c
  • Fencing (Description): Fenced

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $14,877
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Documents Avail.: Lease
  • Legal Description: LAKE WORTH HEIGHTS LT 26 BLK 4
  • Property ID: 38434416060040260

Listed by Century 21 WC Realty
Sold by 4ever Homes Realty LLC

Listing agent

— 1216 N 16th Ave N #10 —

  • Century 21 WC Realty

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 1216 N 16th Ave N #10

School District:Palm Beach County School District
NameGradesDistance
North Grade Elementary School
824 N K St, Lake Worth Beach, FL 33460
K-80.7 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-121.4 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-80.7 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 1216 N 16th Ave N #10

Date
Details
Price
Change
Source
3/13/2026
Sold
$1,240,000
-4.54%
MLS
12/15/2025
Price Reduced
$1,299,000
-7.21%
MLS
10/22/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Century 21 WC Realty
Sold by 4ever Homes Realty LLC

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1216 N 16th Avenue N #10, Lake Worth Beach, FL 33460 (MLS# R11134369) is a Multi-Family property that was sold at $1,240,000 on March 13, 2026. Want to learn more about 1216 N 16th Avenue N #10? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.