409 4th Ave N, Lake Worth, FL 33460

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409 4th Ave N,Lake Worth, FL 33460
$1,960,000
  • - Beds
  • - Baths
  • 6,100 sq. ft.
  • Multi-family
  • Active
Listed by: wendy pierre
Office: bawons properties, inc
MLS#:A11968957
Source:SEFMLS

Price summary

  • Price:$1,960,000
  • Price per sq. ft.:$321.31

About this home

RARE VALUE-ADD OPPORTUNITY IN DOWNTOWN LAKE WORTH! This is the high-upside multifamily deal you’ve been waiting for. Located at 409 4th Ave North, this two-story CBS building sits on a prime corner lot just off Federal Highway and only two blocks from Lucerne Ave, placing it squarely in one of Lake Worth’s strongest rental corridors. Property Highlights: 8 spacious 2BR/2BA apartments Below-market rents = immediate value-add potential Currently collecting $14,000/month with room to grow Owner utilities under $600/month (includes washers & dryers) Durable CBS construction with a 2017 gable roof (approx. 30-year service life) Updated plumbing and appliances Tenants love this walkable downtown pocket with easy access to major employment centers, schools, restaurants, bars, the beach, and the Town of Palm Beach. Strong fundamentals support both rent growth and long-term appreciation. Why This Deal Stands Out: Proven income with upside on rents Major capital

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Home facts

  • Year built:1968
  • Listing ID #:A11968957
  • Updated:February 20, 2026 at 03:53 AM

Rooms and interior

  • Living area:6,100 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1968
  • Building area:6,100 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,960,000
  • Price per sq. ft.:$321.31
  • Tax amount:$29,978 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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