$1,700,000

Estimated payment $10,123/month

-- Bed
-- Bath
5,724 Sq Ft
$297 Price per Sq Ft

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH! Attention value hunters — 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market. This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion. Property Snapshot: 8 market rate apartments individually metered for water & electric Four 1BR/1BA units averaging $1,600/month Four 4:2BR/1BA units averaging $1,800/month collecting Over $13,000 monthly Tenants pay ALL utilities Solid concrete block construction Brand new roof = reduced near-term capex Recent capital improvements keep operating costs low Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand. Why This Deal Hits: Strong in-place cash flow Minimal operating expenses Major capital item already completed Clear value-add opportunity with upside on rents Ideal for a hands-on investor ready to push performance Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up If you know how to create value, this is your next win.

Listing Agent

Wendy Pierre

BAWONS Properties, Inc License #3272185 Listed on: 02/20/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,377

Year Built

  • Built in 1974

Parking

  • 12 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 5,724 Sq Ft Home
  • 2-Story Property

Flooring

  • Concrete
  • Ceramic Tile

Additional Features

  • Property is zoned SF-TF-14
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lakeview Heights Add 4 Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 38434428060010120

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,377

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAKEVIEW HEIGHTS ADD 4
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1700000
  • InternetRemarks: Text 305 509 8336 or email Wendy.Pierre@BAWONS.com to access this rare value-add opportunity with a brand-new roof and individually metered apartments
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Concrete
  • Living Area: 5724
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKEVIEW HEIGHTS ADD 4
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434428060010120
  • Zoning: SF-TF-14

Rental Info

  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16377

Multi Family

  • Number Of Units In Community: 2
  • Total Actual Rent: 161280

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,726 $570,565 -- --
2024 $15,726 $531,299 -- --
2023 $15,967 $558,859 $121,200 $437,659
2022 $14,702 $499,025 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2026 02/20/26 For Sale $1,700,000 +111.2% $297 / Sq Ft
06/14/2019 06/14/19 Sold $805,000 -5.3% $141 / Sq Ft View Prior Sale
05/15/2019 05/15/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $849,900 -- $148 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11969195

MIAMI REALTORS® MLS
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