$ 3,671,500
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$3,671,500
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About the Listing 276670741 - 20001010
The current NOI is $53,548 with a 7.65% CAP rate. Build an 11 unit Multifamily, which will increase the total revenue to $363,000 and the NOI to $354,148, at a total cost of $3,671,500, resulting in a cap rate of 10%. Discover the potential of this rare 1.25-acre parcel, zoned RM (Multi-Family, Medium Density) and located in an unincorporated area. The site may accommodate up to 11 residential units--a prime opportunity for developers or investors seeking a strong growth prospect. Enjoy a strategic location just minutes from I-95, the Florida Turnpike, and a variety of shopping, dining, schools, and employment hubs.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
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Exterior Details
- Garage Capacity: N/A
- Zoning: RM
- Roof: Composition,Shingle
- Others:
- Sewer:
Financial Details
- Tax Amount: $5,270
- Taxes w/Assessments: N/A
- Tax/Property ID: 00434430010170010
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4138 Kirk Rd Lake Worth, FL 33461
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