The current NOI is $53,548 with a 7.65% CAP rate. Build 6 additional units, which will increase the total revenue to $206,500 and the NOI to $185,400, at a total cost of $1,901,500, resulting in a cap rate of 9.75%. Alternatively, you could purchase the property and convert the entire project into 11 units. Discover the potential of this rare 1.25-acre parcel, zoned RM (Multi-Family, Medium Density) and located in an unincorporated area. The site may accommodate up to 11 residential units--a prime opportunity for developers or investors seeking a strong growth prospect. Enjoy a strategic location just minutes from I-95, the Florida Turnpike, and a variety of shopping, dining, schools, and employment hubs..

John A Diaz

KW Reserve Business Brokerage LLC

!!Your $2,500 AWAITS!! To celebrate the start of the '25/'26 season & to match vetted Monthly lease totals per unit ($2,500) Seller is giving away $2,500 for buyer to use towards closing costs &/or reduction of price! Strong Cap Rates/Rental demand, and lowdeferred maint!Turnkey duplex with separate meters--live in one, rent the other or add a cash-flowing asset to your portfolio. Fresh renovations inside and out deliver low-maintenance living from day one: updated electrical, modern kitchens and baths, new flooring, central A/C, refreshed landscaping with new turf, plus a newer roof. One-story layout on a generous lot offers easy access, ample parking, and a detached storage shed. Each residence has its own electric and water meter, with a shared exterior laundry room for convenience.

Nolan S Pierami

The Corcoran Group

DUPLEX FOR SALE WITH GREAT TENANTS (ANNUAL) TILE FLOORING WITH NEWER CABINETS AND REFURBISHED APPLIANCES. COME TAKE AN OPPORTUNITY TO MAKE SOME GREAT ROI INCOME. PROFESSIONALLY MANAGED BY PALM BEACH MANAGERS AND HAS AN UMBRELLA INSURANCE PLAN FOR COVERAGE FOR LIABILITY AND FLOOD INSURANCE. PROPERTY HAS A SEPTIC TANK SYSTEM FOR SEWER.

7905 Loomis Street Unit 7905-7907, Lake Worth FL 33462

7905 Loomis Street Unit 7905-7907, Lake Worth FL 33462

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