FL > Lake Worth > Palm Beach Farms Co 7
Lake Worth, FL 33461,4063 Herbertz RD
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Lake Worth, FL 33461,4063 Herbertz RD
Lake Worth, FL 33461,4063 Herbertz RD
Lake Worth, FL 33461,4063 Herbertz RD
Lake Worth, FL 33461,4063 Herbertz RD
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Alex Miranda

Alex Miranda

+1(305) 712-6522
Listed by Re/Max Direct
$ 1,695,000
Est. payment /mo
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Active Under Contract

4063 Herbertz RD Lake Worth, FL 33461

9 Beds

4 Baths

5,880 SqFt

UPDATED:

01/17/2025 02:02 PM

Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,880 sqft

Price per Sqft $288

Subdivision Palm Beach Farms Co 7

MLS Listing ID RX-10997031

Bedrooms 9

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $16,606

Tax Year 2023

Lot Size 0.860 Acres

Property Description

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.

Location

State FL

County Palm Beach

Community Palm Beach Farms

Area 5700

Zoning RM

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Laminate, Tile

Exterior

Exterior Feature None

Community Features Sold As-Is

Utilities Available Electric, Public Water, Septic

Amenities Available None

Waterfront Description None

View Garden

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description 1/2 to < 1 Acre

Story 1.0

Foundation CBS, Concrete

Construction Status Resale

Schools

Elementary Schools Palm Springs Elementary School

Middle Schools Lake Worth Community Middle

High Schools Lake Worth High School

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

agent

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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