Prime 5-plex Income Property-Water Views & Expansion development potential. Maximizing return on your investment. Exceptional investment opportunity in the heart of downtown Lake Worth Beach! This well maintained five-plex sits across from Intracoastal Waterway, offering water views from end unit and potential for even more stunning vistas with a second-story addition.All 5 units are tenant-occupied, ensuring immediate rental income.4 are long term and under rental value. Soo much more income potential. Centrally located within walking distance to the beach, golf course, parks, Ampitheatre, fishing pier, and vibrant shops and restaurants, Easy access to 1-95 for seamless commuting. serious inquiries only. Access will be granted upon accepted contract.NOTE: #5 Rented at $1850.00 monthl

Based on information submitted to BeachesMLS as of June 25, 2026 4:46 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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More Info

Basic Information

Gross Income $82,800
Tenant Pays Cable TV, Electricity

Location

Address130 S Lakeside 1 Drive
Area5600
Building Number130
CountyPalm Beach
StateFL
StreetS Lakeside 1 Drive
SubdivisionLake Worth Town Of
TownLake Worth Beach
Zip33460

Exterior

Exterior Features Outdoor Living Area
RoofComposition

Amenities

AmenitiesDog Park, Golf Course, Picnic Area, Playground, Trail(s)
Community Features Sidewalks
Cooling Central Air
Cooling YN Yes
Other AmenitiesGarden, Golf, Water View

Other

Association YN Yes
Date Listed01/30/2025
Fees$1
Possession Close Of Escrow

Tax Information

Tax Legal Description TOWN OF LAKE WORTH LTS 1 & 2 BLK 35
Tax Year 2024
Taxes$15,873

Building

Building ConstructionBlock, Concrete
Stories1
Units4
Year Built1954

Property

Other Structures Cabana

Interior

Flooring Tile, Wood

Property Information

Acreage0.31
Lot Features 1/4 to 1/2 Acre Lot, Sprinklers Manual
Lot Size Dimensions 100.0 ft x 135.0 ft
Patio And Porch Features Covered, Patio, Porch
Property Condition Resale
Property Sub Type Additional Quadruplex
Property View DescriptionGarden, Other
Square Feet3,408
View YN Yes

Rooms

Bathroom2
Laundry Features Washer Hookup, Dryer Hookup, Outside

Basic Information

List Price$1,850,000
BeachesMLSR11057260
Modification Date06/18/2026
Property SubTypeQuadruplex
Property TypeResidential Income
StatusActive
Virtual TourView Tour

Utilities

Heat SystemCentral, Individual
Heating YN Yes
Utilities Sewer Available, Water Available
Waste Water DisposalPublic Sewer

Water Body

Water AccessMultiple Meters, Public
Water FeaturesIntracoastal Access

Legal

Parcel Number 38434421150350010
Universal Parcel Id urn:reso:upi:2.0:US:12099:38434421150350010

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Grier Allen

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