Lake Park, FL 33403-3124
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
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| Type | Quadruplex |
|---|---|
| Living Area | 3,384 sq ft |
| Total Area | 4,023 sq ft |
| Subdivision | KELSEY CITY |
| Zoning | R2 (city) |
| Year Built | 1973 |
|---|---|
| Lot Size | 10,080 sq ft |
| Lot Features | Less Than 1/4 Acre LotLess Than 1 Acre |
| Roof | Flat TileFlat Roof With Facade Front |
| Construction | CBS Construction |
| Style | - |
| Accessibility | - |
| Direction Faces | - |
| Pool | No |
| Pool Features | - |
| Flooring | Tile |
|---|---|
| Interior Features | - |
| Appliances | - |
| Cooling | Central Individual A/C |
| Heating | None |
| Exterior Features | Other |
|---|---|
| Parking Features | - |
| Parking Total | - |
| Garage | - |
| Garage Spaces | - |
| Carport | - |
| Carport Spaces | - |
| Pets Allowed | Yes |
|---|---|
| Community Features | - |
| Security Features | - |
| Association | No |
| Waterfront | No |
|---|---|
| Waterfront Features | - |
| View | - |
| Water Source | Public |
| Sewer | Public SewerPublic SanitationSewer |
| Annual Amount | 13344 |
|---|---|
| Tax Year | 2025 |
| Elementary School | - |
|---|---|
| Middle School | Howell L. Watkins |
| High School | Palm Beach Gardens |
| School District | - |
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