409 4th Ave N Lake Worth FL 33460 MLS #A11968957

409 4th Ave N
Lake Worth, FL, 33460
$1,960,000
Beds
0 Baths
6,100 SqFt
0 Acres
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MLS #A11968957 image #0
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 items already addressed

Efficient expense profile

Desirable 2BR/2BA unit mix

Quiet Corner lot with great access

True value-add without heavy lift

Stabilized today, scalable tomorrow. Opportunities to reposition an 8-unit this close to Lucerne Ave without major capital expenditure.
These rare value-add assets in Downtown Lake Worth do not last.

Property Details

Price:
$1,960,000
MLS #:
A11968957
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAKE WORTH TOWN OF
Neighborhood:
lakeworthtownof
Listed Date:
Feb 19, 2026
Finished Sq Ft:
6,100
Total Sq Ft:
6,100
Year Built:
1968
DetachedLake Worth Town OfLakeworthtownofLake Worth Town Of

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Schools

Interior

Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central

Exterior

Architectural Style
Detached
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
8
Parking Total
8
Roof
Shingle
Stories
2

Financial

Tax Year
2025
Taxes
$29,978

Map

Community

Subdivisions in Lake Worth

Market Summary

Current real estate data for Multi Family in Lake Worth as of Apr 25, 2026
10
Multi Family Listed
83
Avg DOM
377
Avg $ / SqFt
$1,641,500
Avg List Price

Property Summary

    Located in the LAKE WORTH TOWN OF subdivision, 409 4th Ave N Lake Worth FL is a Multi Family for sale in Lake Worth, FL, 33460. It is listed for $1,960,000 To schedule a showing of MLS#a11968957 at 409 4th Ave N in Lake Worth, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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disclosure
Courtesy of BAWONS Properties, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.
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409 4th Ave N
Lake Worth, FL