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927 S Pine Street 1, Lake Worth Beach, FL 33460 (MLS# R10336639)

927 S Pine Street 1, Lake Worth Beach, FL 33460

$700,000
Property Type: Commercial Sale Square Footage: 5,724 Status: Closed
Current Price: $700,000 List Date: 5/22/2017 Last Modified: 5/17/2026

Overview

Description

Owner Financing available, specific terms. This property has 8 units total. Two story building with newer roof. There are 4 two bedroom 1 bath units and 4 one bedroom 1 bath units. All units are rented with reliable tenants in place, many have been there for years, 7 tenants are month to month, only 1 new tenant has lease in place. These units are all rented under current market rents. GREAT EAST SIDE, LAKE WORTH LOCATION, CLOSE TO INTRACOASTAL & LAKE WORTH BEACH. VERY GOOD RESIDENTIAL RENTAL AREA. CLOSE TO I-95.

Listing Details MLS# R10336639

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
8
Building Area Main
5724
Building Area Source
Public Records
Year Built
1974
Lot Size Area
10454.4
Lot Size Acres
0.24
Stories
2

Property Features

Building Features: Free Standing Ceiling: Plastered Documents Available: Owner Managed Electric: Three Phase Flooring: Ceramic Tile Heating: Central Location of Property: City Location; Subdivision Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Land Source Of Expenses: Owner Provided Tenant Pays: Cable TV; Electricity; Water Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Landscaped Roof: Composition Security Features: Smoke Detector(s); None Sewer: Public Sewer Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Contingencies: Financing

Contract Information

Comp Sale YN
No
Original List Price
869000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
927
Street Direction Prefix
S
Street Name
Pine
Street Suffix
Street
Unit Number
Yes
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Area
5530
Geographic Area
PB24
Parcel Number
38434428060010120
Multiple Offers Accepted
No
Zoning
SF-7(c
Directions
I-95 TO E on 6th Ave S, to S on S ''A'' St, to W on Elm St, to S on Pine St to property on W side.
Property Description
MULTI FAMILY RENTAL

Financial Information

Tax Annual Amount
9935.39
Tax Year
2016
Tax Legal Description
ADD 4 TO LAKEVIEW HGTS LTS 12 & 13 BLK 1

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2017-09-25T20:23:00Z
Major Change Type
Status Change
Status Change Date
2017-09-25
Under Contract Date
2017-08-22
Close Date
2017-09-25
Close Price
700000
Buyer Financing
Seller Financing

Building and Property Details

# Of Tenants
8
# Of Toilets
8
% Air Conditioned
100
Maximum Ceiling Height
10

Income and Expenses

Gross Income
74400
Insurance Expense
2450
Maintenance Expense
8700
Net Operating Income
51790
Real Estate Taxes
9900
Total Expenses
22610
Utilities Expense
1560
Vacancy Allowance Rate
0

Description of Unit Type 1

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 2

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 3

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 4

Unit Type
2 Bedroom
Full Baths
Yes

Description of Unit Type 5

Unit Type
1 Bedroom
Full Baths
Yes

Description of Unit Type 6

Unit Type
1 Bedroom
Full Baths
Yes

Description of Unit Type 7

Unit Type
1 Bedroom
Full Baths
Yes

Price Calculations

Current Price To SqFt
122.29
Original List Price To Close Price
1.24

Originating Details

Originating System Key
20170516214821814642000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Owner Managed
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Location of Property

City Location
Yes
Subdivision
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Building Features

Free Standing
Yes

Ceiling

Plastered
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Fixtures
Yes
Land
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Landscaped
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes
None
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Call Listing Agent
Yes

Contingencies

Financing
Yes
Listing Office: Atlantic Florida Properties Inc
IDX
Last Updated: May - 17 - 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.

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