129 S K Street, Lake Worth, FL 33460

$1,975,000

Virtual Tour

https://www.propertypanorama.com/129-S-K-Street-Lake-Worth-FL-33460/unbranded

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Property Type: Residential Income Square Footage: 4,628 Status: Active

Current Price: $1,975,000 List Date: 6/21/2026 Last Modified: 7/13/2026

Overview

Description

Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants.

Supplements: Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public trans ... (Read more)

Listing Details MLS# B26043673

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 4628
Building Area Source: Public Records
Living Area Main: 4064
Living Area Source: Public Records
Adjusted Area Main: 3896
Accessibility Features YN: No
Year Built: 2026
Parking Total: 4
Gated Community YN: No
Lot Size Area: 6750
Lot Size Acres: 0.15
Lot Size Dimensions: 50.0 ft x 135.0 ft
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: Yes
Pool Private YN: No
LP/Assessed Value: 9.91

Property Features

Documents Available: Other Electric: 200+ Amp Service Exterior Features: None Fencing: Fenced Flooring: Ceramic Tile; Laminate; Other Leasing Permitted Details: Okay To Lease Property Condition: New Construction Special Listing Conditions: Standard Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity Source Of Expenses: Other Construction Materials: CBS Cooling: Central Air Heating: Central; None Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Lot Features: Corner Lot; Sidewalks Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Electricity Connected; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Other Showing Requirements: Appointment Only; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: On Street; Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: On Street; Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: On Street Unit 3 Rooms: Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: On Street Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1975000
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 129
Street Direction Prefix: S
Street Name: K
Street Suffix: Street
Municipality Type: Incorporated
Municipal Code: 38
State Or Province: FL
Postal Code: 33460
Postal Code +4: 4128
Subdivision Name: LAKE WORTH TOWN OF
Area: 5610
Geographic Area: PB16
Elementary School: South Grade
Middle Or Junior School: Lake Worth
High School: Lake Worth
Special Assessment YN: No
Parcel Number: 38434421150490310
Subdivision Number: 15
Zoning: MF-30 (city)
Flood Zone: X

Financial Information

Master Association YN: No
Tax Annual Amount: 4789.86
Tax Year: 2025
Tax Assessed/SOH Value: 199375
Tax Legal Description: TOWN OF LAKE WORTH LTS 31 & 32 BLK 49
Assessor Market Value: 199375
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-21T03:16:40Z
Major Change Type: New Listing
Status Change Date: 2026-06-20

More Information

Co-Ownership

Property Management YN: No

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 4
Number Of Meters Total: 4

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30

Unit 1 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 0

Unit 1 Lease Description

Currently Leased YN: No
Occupant Type: Vacant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 0

Unit 2 Lease Description

Currently Leased YN: No
Occupant Type: Vacant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 0

Unit 3 Lease Description

Currently Leased YN: No
Occupant Type: Vacant

Unit 3 Parking Details

Carport YN: No
Garage YN: No

Unit 4 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 0

Unit 4 Lease Description

Currently Leased YN: No
Occupant Type: Vacant

Unit 4 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 485.97

Originating Details

Originating System Key: 20260621025825834816000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

200+ Amp Service: Yes

Exterior Features

None: Yes

Flooring

Ceramic Tile: Yes
Laminate: Yes
Other: Yes

Property Condition

New Construction: Yes

Special Information

Sold As-Is: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Other: Yes

Fencing

Fenced: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes
None: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

None: Yes

Window Features

Other: Yes

Construction Materials

CBS: Yes

Laundry Features

In Unit: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Sidewalks: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Roof

Other: Yes

Water Source

Public: Yes

Source Of Expenses

Other: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Listing Agent Must Accompany: Yes
Text Listing Agent: Yes

Main Living Area

Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

On Street: Yes
Open Parking: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

On Street: Yes
Open Parking: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

On Street: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

On Street: Yes

Unit 4 Patio/Porch

Patio/Porch: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Universal Realty Associates

Last Updated: July - 13 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

129 S K Street, Lake Worth, FL 33460 (MLS# B26043673)