Lake Worth FL Multi-Family Real Estate, Homes for Sale

INVESTMENT, INCOME & LOCATION — A RARE OPPORTUNITY NEAR THE HEART OF DOWNTOWN LAKE WORTH BEACH! NEW ROOF! Whether you are looking to expand your real estate portfolio, purchase a property with existing rental income, or live in one residence while generating income from the other, this versatile duplex offers an increasingly difficult-to-find combination of location, flexibility & future potential. The property features two separate living units, with one unit currently tenant occupied, creating the opportunity for immediate rental income while preserving multiple options for the next owner. Offering approximately 1,137 Sqft of living with 3 bedrooms and 2 baths in total, this property provides an attractive footprint for an investor or owner-occupant seeking an income-producing property close to Downtown Lake Worth Beach. A major recent improvement is the BRAND-NEW ROOF INSTALLED IN 2026, an important capital upgrade that adds substantial value to the property. The property also offers NO HOA and convenient parking for multiple vehicles directly in front—valuable features for both occupants and rental-property ownership. But what makes this opportunity especially compelling is LOCATION, situated just minutes from the restaurants, cafés, entertainment, shopping, galleries and nightlife of Downtown Lake Worth Beach, the property places its next owner near one of Palm Beach County's most distinctive coastal downtown districts while remaining convenient to the Intracoastal, parks, golf, major roadways and the Atlantic Ocean. And Downtown Lake Worth Beach continues to attract significant attention and investment. The landmark Gulfstream Hotel, originally opened in 1925, is undergoing a major restoration and is being positioned as a Marriott Tribute Portfolio property. Its redevelopment is part of a larger hospitality and residential project at the eastern gateway to downtown—another major investment in the continued evolution of Lake Worth Beach. The downtown district is also benefiting from additional public and private initiatives, including new residential development, cultural and arts projects, infrastructure investment and expanded parking plans. The proposed WMODA cultural arts campus is designed to bring a museum, residential units, artist-oriented spaces and community activities into the downtown area, while additional projects continue to add housing and economic activity. At the same time, the Lake Worth Beach Community Redevelopment Agency is actively promoting the city's growing culinary scene through its "Find Your Flavor, Find It Downtown" initiative, highlighting the restaurants, cafés, entertainment venues and locally owned businesses along and around Lake and Lucerne Avenues. Opportunities combining these characteristics at this price point near a vibrant coastal downtown are increasingly difficult to duplicate. Whether your objective is rental income, portfolio expansion, an owner-occupied investment strategy or long-term ownership in Lake Worth Beach, 17 S D Street deserves serious consideration. Come discover the property—and the investment potential behind the address. Property information, measurements, rental information, permitted use and development possibilities should be independently verified by Buyer. Existing tenancy is subject to applicable lease terms.

17 S D Street, Lake Worth Beach

$650,000

B26072432 MLS

NVESTOR OPPORTUNITY in a desirable area of Lake Worth! This well-located fourplex features four 1-bedroom, 1-bathroom units, offering multiple income streams and excellent investment potential. Located in an established residential neighborhood, this property is ideal for investors looking to add a solid multifamily asset to their portfolio. Four separate units provide flexibility, rental income potential, and long-term value in a sought-after Lake Worth location. Don't miss this opportunity to own a multifamily property with strong potential in a residential setting!

506 18TH Avenue N, Lake Worth Beach

$799,000

B26071411 MLS

Located in one of Lake Worth Beach's most walkable and desirable areas, this turn-key quadplex offers an outstanding blend of location, lifestyle, and income. Just 1 mile from the beach and steps from Lake Avenue's shops and restaurants, the property includes four fully equipped 1-bed, 1-bath units with impact windows, tropical landscaping, and off-street parking for four vehicles. A spacious patio creates an inviting outdoor retreat, while established rental operations generate approximately $127,000 in annual gross revenue.

226 S Palmway, Lake Worth Beach

$750,000

B26070473 MLS

CASH FLOWING TRIPLEX ON MASSIVE QUADRUPLE SIZED LOT NEAR HISTORIC COLLEGE PARK, JUST SOUTH OF WEST PALM, AND MINUTES TO THE BEACH OR INTRACOASTAL. FEATURES A 3 BEDROOM TWO BATHROOM HOUSE AND TWO EFFICIENCY UNITS IN A SEPARATE BUIILDING. MULTI-FAMILY PROPERTY USE CODE MAY ALLOW FOR ADDITIONAL UNITS TO BE BUILT ON THE PROPERTY. THE SINGLE-STORY LAYOUT PROVIDES FOR STRAIGHTFORWARD PROPERTY MANAGEMENT AND ACCESSIBILITY. POSITIONED AS AN INVESTMENT OPPORTUNITY, THIS MULTI-UNIT RESIDENCE PRESENTS AS AN OPTION FOR THOSE SEEKING DIVERSIFIED REAL ESTATE HOLDINGS. THE PROPERTY'S STRUCTURE SUPPORTS MULTIPLE OWNERSHIP INCOME STREAMS WITHIN ONE CONVENIENTLY DESIGNED PACKAGE.

2405-2407 N East Coast Street, Lake Worth Beach

$1,950,000

B26070319 MLS

EXCEPTIONAL INVESTMENT OPPORTUNITY! Rare chance to acquire an income-producing portfolio consisting of 6 duplex buildings totaling 12 rental units, all being sold together as one package. The property includes two separate folios: Each folio consists of 3 duplexes, for a total of 6 duplexes and 12 rental units. ALL UNITS ARE CURRENTLY RENTED, providing immediate income and an excellent opportunity for investors seeking a stabilized multifamily portfolio.

3141 49th Lane S, Lake Worth Beach

$539,000

B26069729 MLS

CHARMING DUPLEX IN A PRIME LOCATION! This well-maintained CBS duplex features two spacious 2BR/1BA units, both currently tenant-occupied on a month-to-month (MTM) basis, offering immediate rental income and flexibility for an investor or owner-occupant. Keep both units rented, live in one and rent the other, or enjoy the flexibility of future use. Located less than 1 mile from the beach and walking distance to restaurants, shopping, supermarkets, Downtown Lake Worth, and more! Situated on a spacious corner lot with an amazing large fenced-in yard and private parking lot. A fantastic investment or lifestyle opportunity in a highly desirable Lakeworth Beach location!

1001 S L Street Unit 1 & 2, Lake Worth Beach

$475,000

B26069370 MLS

622 S C Street S Unit 1, Lake Worth Beach

$940,000

B26068681 MLS

Quadruplex offering 2 individual residential units and 2 commercial units in Lake Worth Beach. This 860-square-foot income-producing property presents a solid ownership opportunity with multiple revenue streams. The single-story configuration provides straightforward management and operational efficiency. Positioned in the Lake Worth Town of community, this multi-unit residential and commercial investment is built for practical returns and long-term asset appreciation. Income of $6,650.00 per month. Tenants pay electric.

617 N DIXIE Highway, Lake Worth Beach

$589,900

B26068496 MLS

Beautifully maintained Lake Worth Beach Legal Duplex! Two houses on one lot: single family 3/2 Main House and separate 1/1 Cottage! Located in the desirable Eden Place, this is perfect for seasonal or short-term rentals or to move in and enjoy while having an income. No Leasing Restrictions! Both houses have their own central AC, water heater, and separate utilities. Main house has wood floors throughout, walk-in closets, and newer kitchen cabinets. Carport fits 2 cars and offers plenty of storage space! Cottage has tile floors throughout and a cozy and private courtyard, perfect for morning coffee/tea or relaxing with friends. Close enough to Downtown Lake Worth Beach to enjoy it, but just far enough for quiet evenings at home.

1602 N L Street, Lake Worth Beach

$1,200,000

B26068415 MLS

Offered AS-IS and sold together as one package: two commercial mixed-use parcels featuring three freestanding buildings on a combined total 9,583-square-foot for both lots. 523 Dixie includes a 1,280-square-foot, two-story duplex with a nightclub property-use code, configured for two one-bedroom units and two bathrooms. Unfinished construction includes framing, cooling ductwork and impact windows, ready for completion by the new owner. The property also offers a large front courtyard, rear parking and a separate 616 square-foot garage/storage building on a 6534-square-foot lot. 527 Dixie features a one-story nightclub/bar with two bathrooms, electrical service, cooling and rear/side parking. Two electric meters serve the properties.

523 N Dixie Highway, Lake Worth Beach

$575,000

B26066751 MLS

OWNER FINANCING - Available!!! Exceptional Duplex Investment & Development Opportunity in Lake Worth Beach! Situated on two lots totaling approximately 100 feet of frontage on Federal Highway by 135 feet deep, this versatile property offers multiple possibilities for investors, developers, or owner-occupants. The property is currently configured as a duplex featuring a spacious 3-bedroom, 2-bath residence plus a 1-bedroom, 1-bath unit. The property offers an opportunity to maintain the existing income-producing property while exploring additional development potential on the south lot. Zoned MU-FH - Mixed Use Federal Highway, the property offers both multifamily and mixed-use commercial potential. A buyer may consider retaining the existing duplex and developing an additional structure on the adjacent lot, or potentially clearing and redeveloping the site. Previous information indicates the possibility of development of up to approximately 14 units when utilizing applicable affordable-housing incentives, subject to verification and approval by the City of Lake Worth Beach and all applicable governmental authorities. Buyer is encouraged to independently verify zoning, density, permitted uses, setbacks, affordable-housing incentives, and development requirements. Excellent location along the Federal Highway corridor, just minutes from Downtown Lake Worth Beach, Lake Worth Beach and the Atlantic Ocean, the Lake Worth Beach Tri-Rail station, Downtown West Palm Beach, Palm Beach, and Palm Beach International Airport. Convenient access to dining, shopping, entertainment, major roadways, public transportation, and South Florida's coastal lifestyle. Utilities are provided through Lake Worth Beach, with water, sewer, electric, and garbage appearing on one utility bill. Electric service is currently shared between the units. ALL SIZES, DIMENSIONS, DEVELOPMENT POTENTIAL, ZONING INFORMATION, AND PROPERTY INFORMATION ARE APPROXIMATE AND SUBJECT TO INDEPENDENT VERIFICATION BY BUYER.

1302 S FEDERAL Highway, Lake Worth Beach

$849,000

B26064822 MLS

This is a truly unique property in this predominantly single-family home neighborhood east of Federal Highway and just one block from the golf course and Intracoastal. Property zoned multi-family/duplex with two separate meters. MUST SEE! This stunning property was completely renovated in 2021/2022. The main house is 2/1 with a 2/1 guest house (second unit). Currently operating as a very desirable Airbnb with great revenue. Each unit shows like a model. No detail was overlooked in its renovation. High-end finishes are throughout. Front unit is 1,066 s.f. under air. Bright and sunny living space, real oak wood floors, open kitchen with stand-alone coffee bar, formal dining room, two two bedrooms and bath with walk-in shower and a large wood deck where you can enjoy outdoors. Owner has plan for a pool for this area. The rear unit is 660 s.f. under air and has its own kitchen, two bedrooms and bath, plus a large room that can be used for storage or turned into a walk-in closet. AND it has its own private open patio that is fully fenced. All hurricane impact windows and doors, recessed lighting, custom window treatments, walk-in closets, professional landscaping. Separate private entrances. Back unit has off-street parking from the alleyway. Downtown and the beach are just minutes away. FURNISHINGS NEGOTIABLE.

1305 N Palmway, Lake Worth Beach

$1,500,000

B26053891 MLS

Federal Flats in Lake Worth Beach is a renovated 5-unit multifamily property featuring three studio apartments, one 1-bedroom/1-bathroom unit, and one spacious 3-bedroom/1-bathroom unit. The property is currently generating $9,150 in gross monthly rental income, with one studio vacant and additional income available upon lease-up. Conveniently located near downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, Federal Flats offers immediate cash flow with further upside through stabilization and future rent growth.

131 S FEDERAL Highway, Lake Worth Beach

$970,000

B26053847 MLS

Well-maintained 4-unit multifamily investment property featuring three studio apartments and one 1-bedroom/1-bath unit across two buildings. The property has benefited from recent upgrades including new flooring, exterior paint, woodwork improvements, and mini-split A/C systems, and offers free on-site laundry for tenants. Conveniently located just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the property generates $7,095 in gross monthly rental income, providing immediate cash flow with continued upside in a rapidly improving submarket.

17 S L Street, Lake Worth Beach

$1,525,000

B26053634 MLS

Well-maintained 5-unit multifamily property comprised of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units. The property generates $10,405 in gross monthly rental income, providing strong in-place cash flow with continued upside through future rental growth. Ideally situated just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the asset offers investors a stable income-producing opportunity in one of Palm Beach County's most desirable rental markets.

301 S M Street, Lake Worth Beach

$615,000

B26049412 MLS

Showing is by appointment at your convenience. 2 units, roof was replaced 7/2021. There is Fixed RV at the Back, licensed and has all legal documents as ADU. RV and Both rented Units generating over $5,500 per month. One of the tenants has lived there for 20 years. The other tenant has been there over three years. Never any issues, RV unit and Duplex tenants both pay on the 1st like clock work! This home will be sold to the highest and best offer. Huge upside potential. This is not a short sale or foreclosure. Being sold "As IS" Brand new Fences with sliding car entrance gate and back side has wide door to get in from back side of the property. all recent upgrades are permitted by City of Lake Worth. Great income property !!! Nice crime free community. Most of the population in the area are Spanish Americans. South side of the property has a well build huge Social organization building . North side of the property is City of Lake worth Electrical utility office. Whole front side has 24 hours video surveillance camera installed and monitor by City of Lake worth Electrical utility office. Information is deemed to be reliable, but is not guaranteed. © 2026 Beaches MLS, Inc. and FBS. The information on this sheet has been made available by the MLS, owner's provided information and may not be the listing of the provider.

714 S H Street, Lake Worth Beach

$599,999

B26045925 MLS

Great investment opportunity duplex located a mile from beautiful beaches and walking distance to downtown LWB, where you will enjoy fine and casual dining, boutique and antique shopping, beautiful parks and the vibrant downtown art scene. Unit 1, is completely renovated throughout and Unit 2 has bathroom and kitchen renovations. Both units have Energy Star high impact hurricane windows and patio door installed in 2020. The exterior structure has been re-stuccoed and painted in 2020, roof replaced in 2019 and pool pump upgraded to salt chlorinated system in 2023. Water heater replaced in both units in 2023. A/C in unit 1 replaced in 2020 and unit 2 in 2026. A quick 5-min drive to I-95 and 5 miles to PBI Airport.

416 N D Street Unit 1 And 2, Lake Worth Beach

$679,000

B26044135 MLS

2 STORY TOWNHOUSE DUPLEX. EACH UNIT FEATURES A LARGE 3 BEDROOMS AND 2 BATHROOMS. THE SPACIOUS 1 CAR GARAGE PER UNIT COULD BE TURNED INTO AN EXTRA BEDROOM. SEPARATE ELECTRIC AND WATER METERS. TENANTS ARE MONTH TO MONTH. CERAMIC TILE THROUGHOUT IN BOTH UNITS. FEW MINUTES AWAY FROM I-95, DOWNTOWN LAKE WORTH AND ABUNDANT SHOPPING.

910 N F Street, Lake Worth Beach

$584,688

B26035006 MLS

Back Unit has an additional 27x12 converted Garage/Storage and is fully fenced with its own Electric & Water. Tenant in the back unit loves to garden in her little Oasis. It was totally renovated 3 1/2 years ago with all new ceramic floors, appliances, bathroom, kitchen and AC wall unit. . Front unit was totally renovated 2 1/2 years ago with new ceramic flooring, a totally new kitchen and appliances, new bath, and new AC unit. Tenant was given a reduction in rent to $1750 a month since he will keep the totally furnished unit to be rented as an Air B&B when he leaves. The entire property -house and converted garage was fumigated on 4/28/26 with 2 year warranty. There is a gardener who charges $50 a month There is a Choice Home Warranty Program in place with a $75 per call fee for repairs. There is an American Water Resources program in place in case of buried water/septic line leaks. PROPERTY PRICED AT ESTIMATED CURRENT VALUE IN MLS.

1015 S K Street, Lake Worth Beach

$575,000

B26031436 MLS

Excellent investment opportunity in the heart of Lake Worth Beach! This property features two detached homes on an oversized lot with private parking, both currently rented with good rental income. Prime location just minutes from downtown Lake Worth Beach, Lake Ave, restaurants, shopping, beaches, the Intracoastal Waterway, airports, and I-95. Zoned MU-DIXIE (Mixed Use Dixie Hwy), offering exceptional future development and investment potential. Please do not disturb tenants

415 N H Street, Lake Worth Beach

$495,000

B26027722 MLS

Invest in Paradise! This charming 1962 duplex at 1202 S M Street in Lake Worth Beach offers a good cash-flow opportunity and amazing upside. Located less than a mile from the ocean, it features two 1-bed/1-bath units on an oversized corner lot, with plenty of room for expansion. Live in one, rent out the other. Currently, the East Unit is rented, and the West Unit is vacant. Lake Worth Beach's unique artistic character makes it a winter home for artists from all over the world, thanks to its proximity to the pristine beach, world-class restaurants, and spas. Join the big-time investors who are spending billions rebuilding West Palm Beach and Lake Worth Beach. It's only a matter of time. Buyers should verify any use changes with their investment advisors and the City of Lake Worth Beach.

1202 S M Street, Lake Worth Beach

$600,000

B26023974 MLS

Charming updated property with income potential. Main home features 2BR/1BA, a bright open kitchen with bar seating, refinished original hardwood floors, and impact windows and doors. Enjoy a screened-in front porch and a spacious backyard with pergola-covered deck and fire pit seating area, perfect for relaxing or entertaining. New concrete driveway leads to a 1-car garage and a legal detached 1BR/1BA guest cottage, ideal for rental income, guests, or an in-law suite.

915 N K Street, Lake Worth Beach

$1,100,000

B26020534 MLS

EXCELLENT MULTI-FAMILY PROPERTY VERY CLOSE TO THE BEACH AND DT, COMPRISED OF FOUR (4), ONE (1) BEDROOM & ONE (1) BATH UNITS. FEATURING HIGH-END MODERN FINISHES DESIGNED TO ATTRACT AND RETAIN PREMIUM TENANTS. INTERIORS INCLUDE QUARTZ COUNTERTOPS, BIG CHILL RETRO REFRIGERATORS, ELECTROLUX WASHER & DRYERS IN EACH UNIT, CONTEMPORARY TILE THROUGHOUT WITH MARBLE FLOORS IN BATHROOMS. NEW CENTRAL A/C UNITS, IMPACT WINDOWS AND DOORS & NEW ROOF. **TENANTS PAY ELECTRIC & WATER WITH SEPARATE METERS. THE PROPERTY IS FULLY LEASED WITH TENANTS WHO HAVE EXCELLENT CREDIT PROFILES, CLEAN BACKGROUNDS AND VERIFIED INCOME, PROVIDING IMMEDIATE AND STABLE CASH FLOW WITH MINIMAL MANAGEMENT CONCERNS. PROFESSIONALLY LANDSCAPED WITH LIGHTING & IRRIGATION. PRIVATE PARKING LOT WITH 5 PARKING SPOTS.

502 N H Street Unit 1-4, Lake Worth Beach

$635,000

B26010776 MLS

Built in 1952, the property totals 2,354 gross square feet and is situated on a 0.08-acre lot. The building is of wood frame construction with a flat built-up roof. The unit mix consists of one two-bedroom/two-bathroom unit, one two-bedroom/one-bathroom unit, and one one-bedroom/one-bathroom unit, offering a flexible layout that appeals to a range of tenant types. The varied unit mix provides both larger floorplans and smaller, more affordable options within a compact footprint. The property is located just north of Downtown Lake Worth Beach, providing convenient access to Lake Avenue's dining, retail, and entertainment corridor, as well as the Intracoastal Waterway and Lake Worth Beach Park. Nearby employment drivers include JFK Medical Center, local municipal offices, and surrounding service-based employment throughout Palm Beach County.

714 N 4th Ave Avenue N, Lake Worth Beach

$899,999

1 Baths ⋅ B26000243 MLS

4 unit multi family property in the city of Lake Worth Beach. Property consists of 2 separate CBS buildings made up of one 2 bedroom 1 bath unit, two 1 bedroom 1 bath units and one efficiency. Both buildings have been renovated and have newer roofs, impact windows & doors, updated kitchens, baths and central a/c systems. There are 3 off street parking spaces and a washer and dryer on site. Units feature full kitchens, terrazzo floors, granite countertops, stainless appliances, tiled bathrooms and central air. Perfect for an owner occupant, rental business or multifamily investment.

802 N J Street, Lake Worth Beach

$774,000

4 Baths ⋅ R11157415 MLS

Charming Renovated historic Villas (4 units) in downtown Lake Worth approximately a 1/2 mile to Lake Avenue and all the downtown action. This location is awesome! These 1/1 units would be a great Air BNB location! They have been updated inside and out, all impact windows and doors, new paint inside and out, newer roof, updated fixtures, baths, etc. Ample parking, with streets spots and private parking lot. Only a half mile to Downtown Lake Worth/Lake Avenue. 7% cap rate.

717 8th Avenue N, Lake Worth Beach

$475,000

2 Baths ⋅ R11144589 MLS

DO NOT MISS your opportunity to own a duplex. Both units are occupied with reliable tenants. Perfect for a first time purchaser or experienced investor. Schedule a showing today before it's gone!

402 N A Street, Lake Worth Beach

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