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506 18TH Avenue N, Lake Worth Beach, FL 33460

$650,000
Property Type: Residential Income Square Footage: 2,338 Status: Pending
Current Price: $650,000 List Date: 9/04/2026 Last Modified: 9/23/2026

Overview

Description

NVESTOR OPPORTUNITY in a desirable area of Lake Worth! This well-located fourplex features four 1-bedroom, 1-bathroom units, offering multiple income streams and excellent investment potential. Located in an established residential neighborhood, this property is ideal for investors looking to add a solid multifamily asset to their portfolio. Four separate units provide flexibility, rental income potential, and long-term value in a sought-after Lake Worth location. Don't miss this opportunity to own a multifamily property with strong potential in a residential setting!

Listing Details MLS# B26072432

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2338
Building Area Source
Appraiser
Living Area Main
2338
Living Area Source
Appraiser
Adjusted Area Main
2338
Accessibility Features YN
No
Year Built
1950
Parking Total
4
Gated Community YN
No
Lot Size Area
5625
Lot Size Acres
0.13
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
2.37

Property Features

Documents Available: Other Exterior Features: Other Flooring: Other Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: Limited # Vehicles Road Frontage Type: City Street Roof: Shingle Sewer: Public Sewer Tax Information: No Homestead Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Access: None Water Source: Public Showing Requirements: Schedule Online Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Other Equipment Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Other Equipment Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
700000
Negotiable Seller Concessions YN
No
Listing Service
Full Service
Seller Represented YN
No

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
506
Street Name
18TH
Street Suffix
Avenue
Street Direction Suffix
N
Municipality Type
Incorporated
Municipal Code
38
State Or Province
FL
Postal Code
33460
Postal Code +4
6600
Subdivision Name
NORTH LAKE WORTH
Area
5600
Geographic Area
PB16
Elementary School
North Grade K-8
Middle Or Junior School
Lake Worth
High School
Lake Worth
Special Assessment YN
No
Parcel Number
38434415160180140
Subdivision Number
16
Zoning
MU-FH (city)
Flood Zone
X

Financial Information

Master Association YN
No
Tax Annual Amount
8028.4
Tax Year
2025
Tax Assessed/SOH Value
274718
Tax Legal Description
NORTH LAKE WORTH LOT 14 BLK 18
Assessor Market Value
366062

Status Change Information

Major Change Timestamp
2026-09-19T18:38:47Z
Major Change Type
Status Change
Price Change Timestamp
2026-09-11T18:53:05Z
Status Change Date
2026-09-19
Under Contract Type
Pending
Under Contract Date
2026-09-19

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

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

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Unit 1 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
585

Unit 1 Lease Description

Currently Leased YN
No

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1350
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
585

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-10-31
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
299.4

Originating Details

Originating System Key
20260904154020548832000000
Originating System ID
M00000170
IDX
Listing Office: Agent Plus Realty
Source MLS Verified
Last Updated: September - 23 - 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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