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Quadruplex - Lake Worth Town Of

409 4th Ave North, Lake Worth Beach, FL 33460
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$1,960,000  Built: 1968
N/A N/A N/A
Type of PropertyQuadruplex
Style of PropertyFourplex
Property Ft²6,100
Living Ft²6,100
Price per Ft²$321.31
PetsN/A
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Quadruplex - Lake Worth Town Of

Rare value-add opportunity in downtown lake worth! This is the high-upside multifamily deal you’ve been waiting for. Located at 409 4th ave north, this two-story cbs building sits on a prime corner lot just off federal highway and only two blocks from lucerne ave, placing it squarely in one of lake worth’s strongest rental corridors. Property highlights: 8 spacious 2br/2ba apartments below-market rents = immediate value-add potential currently collecting $14,000/month with room to grow owner utilities under $600/month (includes washers & dryers) durable cbs construction with a 2017 gable roof (approx. 30-year service life) updated plumbing and appliances tenants love this walkable downtown pocket with easy access to major employment centers, schools, restaurants, bars, the beach, and the town of palm beach. Strong fundamentals support both rent gro

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Property Features
NameLake Worth Town Of
MLSA11968957
ForeclosureN/A
Short SaleN/A
Parking 
Parking Restrictions 
Parking Spaces8
Lot Ft² 
Approx. Lot Size 
Boat Dock 
Last Update23 days
Pet Restrictions 
Floor Number 
Cooling DescriptionCentral Air
Heating DescriptionCentral
View 
ConstructionCBS Construction
Flooring TypeCeramic Floor
Maintenance Fees 
Taxes$29,978
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
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City

Lake Worth Beach

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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of BAWONS Properties, Inc. Office (Wendy.Pierre@BAWONS.com, 305-509-8336). Agent (wendy.pierre@bawons.com, 305-509-8336).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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NameAddressType# of StudentsGradesDistance
Sacred Heart School410 N M STprivate212PK - 80.03 mi
North Grade K-8824 N K STpublic735KG - 80.39 mi
Academy For Positive Learning2405 MERCER AVEpublic98KG - 80.63 mi
Highland Elementary School500 HIGHLAND AVEpublic937PK - 50.82 mi
Lake Worth High School1701 LAKE WORTH RDpublic26839 - 120.85 mi
South Grade Elementary School716 S K STpublic619PK - 50.91 mi
Lake Worth Community Middle1300 BARNETT DRpublic12496 - 81.4 mi
South Area Secondary Intensive Transition Program1300 S.W. 3OTH AVENUEpublic856 - 121.87 mi
Barton Elementary School1700 BARTON RDpublic1064PK - 51.87 mi
Palm Beach School For Autism8480 LANTANA RDpublic387PK - 122.2 mi
South Olive Elementary School7101 S OLIVE AVEpublic485PK - 52.23 mi
Palm Beach Preparatory Charter Academy3525 S CONGRESS AVEpublic5509 - 122.28 mi
Northern Private School1822 HIGH RIDGE RDprivate30PK - 22.45 mi
Forest Hill Community High School6901 PARKER AVEpublic24079 - 122.5 mi
Lantana Elementary School710 W OCEAN AVEpublic484PK - 52.53 mi
Palm Beach Maritime Academy Elementary1518 W LANTANA RDpublic596KG - 52.57 mi
Atlantis Academy Palm Beaches1950 PRAIRIE RDprivate178PK - 122.65 mi
G-star School Of The Arts2065 PRAIRIE RD BLDG Jpublic7549 - 122.67 mi
High Reach Learning Center Dba Small World2260 S CONGRESS AVEprivate10PK2.68 mi
Palm Beach Maritime Academy Secondary600 S EAST COAST AVEpublic5306 - 122.75 mi
Lantana Middle School1225 W DREW STpublic8016 - 82.8 mi
Somerset Academy Jfk Charter School4696 DAVIS RDpublic510KG - 82.82 mi
Palm Springs Elementary School101 DAVIS RDpublic1010PK - 52.86 mi
Palmetto Elementary School5801 PARKER AVEpublic537PK - 52.95 mi
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Gladys Martinez - Real Estate Sales AssociateCompass Florida, LLC.NAR RealtorEqual Housing Opportunity

Gladys Martinez is a real estate agent affiliated with Compass Florida, LLC.. Compass Florida, LLC. is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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