402 Ocean Breeze

Lake Worth Beach, FL 33460

$2,219,516
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

PROPERTY HIGHLIGHTSThis exceptional multi-family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise...PROPERTY HIGHLIGHTSThis exceptional multi-family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income-generating assets in a highly desirable area.
  1. Listed by David C Joseph • The Keyes Company
  2. Listed by Charles L Waites • The Keyes Company

Property Details for 402 Ocean Breeze

Subdivision
LAKE WORTH TOWN OF
LISTING UPDATED: 08/27/2024 02:49 AM

Property Details for 402 Ocean Breeze

StatusActive
MLS #RX-11010273
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industry / MultiFamily (5+ Units)
Year Built1941
Lot Size-
CountyPalm Beach County

Building Information for 402 Ocean Breeze

Stories-Residences-Year Built1941Building Size-Lot Size-

Property Information for 402 Ocean Breeze

Summary
Location and General Information
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 402
  • Subdivision Complex Bldg: LAKE WORTH TOWN OF
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5600
  • MLS Sub Area: PB16
Taxes and HOA Information
  • Tax Year: 2023
Property
Lot Information
  • Area: 5600
  • Parcel ID: 38434421151630060
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Tax Rolls
  • Zoning: MF-20(
Property and Assessments
  • Acres: 0.15
  • For Sale: Yes
  • Legal Desc: TOWN OF LAKE WORTH LT 6 BLK 163
  • Legal Description: TOWN OF LAKE WORTH LT 6 BLK 163
Utilities
  • Utilities: Cable, Other, Public Sewer, Public Water
Interior and Exterior Features
Interior Features
  • Roof: Other
  • Cooling: Electric
  • Flooring: Other
  • Heating: Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Electric

Property History for 402 Ocean Breeze

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 402 Ocean Breeze

Taxable ValueLand$285,423Additions$396,312Total$681,735
Tax Record2023$17,470 ($1,456 / month)
Home Facts
Beds2Baths6Total Finished SqFt1,156 SqFtAbove Grade Finished SqFt1,156 SqFtStories1Lot Size6,752 SqFtStyleSingle Family ResidenceYear Built1941Year Renovated1980ZoningMF-20CountyPALM BEACHAPN38-43-44-21-15-163-0060

Schools near 402 Ocean Breeze

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - K to 8
Rating
School
Distance
South Grade Elementary School
PublicPK to 5

Lake Worth High School
PublicPK to 12

Lake Worth Community Middle School
Public6 to 8

Palm Beach Maritime Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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402 Ocean Breeze is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on August 6, 2024 by The Keyes Company, it's currently listed at $2,219,516. It has been on the market for a total of 44 days and was last sold on April 15, 2022. This listing's school district is Palm Beach. Nearby schools include South Grade Elementary School, Lake Worth High School and Lake Worth Community Middle School. 402 Ocean Breeze is a 0-bed, 0-bath, multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.