927 S Pine St Lake Worth FL 33460 MLS #A11969195

THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H.

AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!

Attention value hunters — 927 South Pine Street delivers the kind of construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market.

This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.

Property snapshot:

8 market rate apartments individually metered for water & electric

Four 1BR/1BA units averaging $1,600/month

Four 4:2BR/1BA units averaging $1,800/month

collecting Over $13,000 monthly

Tenants pay ALL utilities

Solid concrete block construction

Brand new roof = reduced near-term capex

Recent capital improvements keep operating costs low

Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95

Why This Deal Hits:

Strong in-place cash flow

Minimal operating expenses

Major capital item already completed

Clear value-add opportunity with upside on rents

Ideal for a hands-on investor ready to push performance

Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up