How much is 329 N K Street 1?

329 N K Street 1 is listed at $1,350,000, about $332 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 329 N K Street 1?

The listing reports net operating income of $77,460 a year, a cap rate of about 5.7% at the $1,350,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 329 N K Street 1 zoned?

The listing reports zoning of MF-20 (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 329 N K Street 1?

The listing reports 4,062 square feet of building.

When was 329 N K Street 1 built?

329 N K Street 1 was built in 1938. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 329 N K Street 1?

The listing reports annual property taxes of $15,937 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 329 N K Street 1?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

329 N K Street 1, Lake Worth Beach FL

$1,350,000 · $332 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $1,350,000
Price per sq ft: $332
Building size: 4,062 sq ft
Lot size: 6,534 sq ft
Zoning: MF-20 (city)
Year built: 1938
Stories: 2
Net operating income: $77,460/yr
Cap rate: 5.7%
Tenant pays: Gas
Buildings: 2
Parking spaces: 4
Units leased / vacant: 6 leased · — vacant
Parcel ID: 38434421150880190
MLS#: B26044383

329 exterior6 at 329 N K Street 1, Lake Worth Beach

329 exterior at 329 N K Street 1, Lake Worth Beach

329 fourplex at 329 N K Street 1, Lake Worth Beach

329 exterior4 at 329 N K Street 1, Lake Worth Beach

329 exterior5 at 329 N K Street 1, Lake Worth Beach

329-1 Exterior at 329 N K Street 1, Lake Worth Beach

329-1 Living3 at 329 N K Street 1, Lake Worth Beach

329-1 living2 at 329 N K Street 1, Lake Worth Beach

About this property

Extremely desirable six unit within walking distance of Publix and down town. All units have been redone with newer appliances, bathroom, kitchens, lighting fixture, plumbing fixtures, flooring and paint. On site laundry. Cute courtyard with lush landscaping. Consists of one 4 bedroom, 3- one bedrooms and 2 studios. Storage garage at rear of property. Unit 1 has its' own private balcony. Pride of ownership property! Location & Market: Lake Worth Beach, FL Lake Worth Beach is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway. Location & Market: Lake Worth Beach, FL Lake Worth Beach is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Key Advantages • Centrally positioned between West Palm Beach (10-15 min north) and Delray Beach/Boca Raton (south) • Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport • World-class dining, arts scene (Lake Worth Playhouse), weekly green market, golf courses, parks & marinas • Diverse, growing community with strong rental demand • Attractive for both investors and residents seeking affordable coastal living compared to neighboring markets • Ongoing revitalization making this a high-potential investment pocket

Building Features and Utilities

Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Stucco
Wood Siding
Wood Frame

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	1	1 / 1	—	$1,595/mo	—
Efficiency	1	— / 1	—	$1,350/mo	—
Efficiency	1	— / 1	—	$1,350/mo	—
1 Bedroom	1	1 / 1	—	$1,495/mo	—
1 Bedroom	1	1 / 1	—	$1,495/mo	—
4 Bedroom Or More	1	— / 1	—	$1,995/mo	—

6 units. Reported rent $111,360 a year ($9,280 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income	$111,060/yr
Gross income	$112,260/yr
Property taxes	$15,937/yr
Insurance	$1,200/yr
Maintenance and repairs	$3,000/yr
Total operating expenses	$33,600/yr
Net operating income	$77,460/yr
Cap rate at asking price	5.7%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 329 N K Street 1

Included: Building, Fixtures, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

JD Bols & Associates · jdbols@sekur.com · Listing agent: John Bols

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 329 N K Street 1 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 329 N K Street 1

How much is 329 N K Street 1?: 329 N K Street 1 is listed at $1,350,000, about $332 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 329 N K Street 1?: The listing reports net operating income of $77,460 a year, a cap rate of about 5.7% at the $1,350,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 329 N K Street 1 zoned?: The listing reports zoning of MF-20 (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 329 N K Street 1?: The listing reports 4,062 square feet of building.
When was 329 N K Street 1 built?: 329 N K Street 1 was built in 1938. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 329 N K Street 1?: The listing reports annual property taxes of $15,937 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 329 N K Street 1?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

More Commercial Listings Nearby

602 N H Street 1A, Lake Worth Beach · Multifamily for sale · $1,100,000 · 620 sq ft
430 N J Street 1A 2A 3A 4B 5B 6B, Lake Worth Beach · Multifamily for sale · $1,500,000 · 4,025 sq ft
430 N J Street 1A, 2A, 3A, 4B, 5B, 6B, Lake Worth Beach · Multifamily for sale · $1,500,000 · 4,025,670 sq ft
1001 S FEDERAL Highway, Lake Worth Beach · Multifamily for sale · $1,899,000 · 3,762 sq ft
617 N Dixie Highway, Lake Worth Beach · Mixed-Use for sale · $850,000 · 4,000 sq ft
11 N J Street 8, Lake Worth Beach · Mixed-Use for sale · $1,495,000 · 3,096 sq ft
527 N Dixie Highway, Lake Worth Beach · Mixed-Use for sale · $1,200,000 · 1,250 sq ft
1125 Crestwood Boulevard, Lake Worth Beach · Mixed-Use for sale · $800,500 · 1,381 sq ft

See every commercial listing in Lake Worth Beach or browse Florida commercial real estate.