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MLS ID: R11134369
List Price: $ 1 299 000
Sold Price: $ 1 240 000 (-5%)
Status: Closed
List date: 10/22/2025
Closing Dt: 03/13/2026
Days on Market: 142
Sell $ 382 per SqFt
1216 N 16th, #10
#MLS: R11134369
$ 1 299 000
Listing date10/22/2025
CityFL 33460
Address1216 N 16th, #10
Area3248 sqft
Tax/year$ 14 877
Built year1971

I am excited to share details about an excellent cash flow property that is ready for immediate income generation. This property requires absolutely nothing in terms of maintenance, allowing you to start receiving rental payments from day one.
Key features include:
Ready-to-Go: New appliances throughout the units.
Utilities: Well water irrigation system with an automatic timer.
Parking & Amenities: Two designated parking spaces per unit and private patios.
Financial Advantage: No HOA fees.
The location offers easy access to the I-95 interstate highway. The closest beach is approximately 2.0 miles away (a six-minute drive), and the surrounding area in the City of Lake Worth provides numerous parks and amenities for residents.
This is a must-see investment.

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