Exceptional investment opportunity in the heart of Lake Worth Beach! This solid 4-unit multifamily at 715 Washington Ave features four spacious 3-bedroom, 1-bath apartments, each with its own washer & dryer, separate water and electric meters, and private entrances. Three units are currently rented at $2,200/month, with one vacant unit; market rent potential is $2,500/month per unit, bringing possible gross annual revenue to $120,000. Units offer bright living spaces, functional kitchens, and a well-maintained layout. Situated on a generous lot with off-street parking, the property is close to schools, shopping, dining, public transit, downtown, and beautiful beaches. With strong rental demand and value-add potential, this is an ideal cash-flowing asset for any investor.
For sale
$1,300,000
715 Washington Avenue #1-4, Lake Worth Beach, FL 33460
12beds
4,528sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
Private entrancesGenerous lotOff-street parkingBright living spacesWell-maintained layoutFunctional kitchens
- 1 day
- on Zillow |
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- 7 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 07:48am
Listed by:
Ahmed Ribhi Abdeldayem PA 305-801-5871,
KW Innovations
Source: BeachesMLS,MLS#: RX-11115975
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central Building
Cooling
- Central Air, A/C Unit
Appliances
- Included: Dryer, Microwave, Electric Range, Refrigerator, Washer, Dishwasher
- Laundry: Laundry
Features
- Kitchen, Utility
- Flooring: Ceramic Tile
Interior area
- Total structure area: 4,712
- Total interior livable area: 4,528 sqft
Video & virtual tour
Property
Parking
- Parking features: None, Space Parking
Features
- Stories: 2
- Exterior features: None
- Waterfront features: None
Lot
- Size: 6,750 Square Feet
- Dimensions: 50.0 ft x 135.0 ft
- Features: < 1/4 Acre
Details
- Parcel number: 38434434010000500
- Zoning: SF-TF-
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Block, Concrete
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Electric Meter, Separate Electrical Meters
- Water: Public, Separate Water Meters
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: None
- Subdivision: Osborne Add Amnd
HOA
- Has HOA: Yes
- Application fee: $0
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $287/sqft
- Annual tax amount: $17,492
- Date on market: 8/15/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
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