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Sold for $1,620,000 on 03/14/25
  • $1,620,000

    4063 Herbertz Road, Lake Worth, FL 33461

    9beds
    5,880sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $276/sqft
    $2,202 Estimated rent

    What's special

    Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.

    Zillow last checked: 7 hours ago

    Listing updated: March 17, 2025 at 02:37am

    Listed by:

    Daniel J DeRogatis 561-305-5500,

    RE/MAX Direct,

    Janelle Mae Khan 920-988-8169,

    Re/Max Direct

    Bought with:

    Phuc Dang

    Continental Properties, Inc.

    Source: BeachesMLS,MLS#: RX-10997031MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Kitchen
    • Flooring: Laminate, Tile
    • Windows: Partial Impact Glass
    Interior area
    • Total structure area: 5,880
    • Total interior livable area: 5,880 sqft

    Property

    Parking
    • Parking features: Space Parking
    Features
    • Stories: 1
    • Exterior features: None
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 0.86 Acres
    • Features: 1/2 to < 1 Acre
    Details
    • Parcel number: 00434430010150032
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • CBS, Concrete
    • Roof: Comp Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: Separate Electrical Meters
    • Sewer: Septic Tank
    • Water: Public Water
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Lake Worth
    • Subdivision: Palm Beach Farms Co 7

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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