$10,000

closing credit¹

4063 Herbertz Rd Lake Worth, FL 33461

$1,695,000
5,880 sqft
$288 / sqft
Multi-Family

Property details

About 4063 Herbertz Rd

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.

Highlights

Home typeQuadruplex
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size5,880 sqft
Year built1979
MLS #RX-10997031
ViewGarden

Virtual tour

Summary

  • MLS Number: RX-10997031
  • Office Name: Re/Max Direct
  • Office Phone: (561) 952-2680
  • Listing Agent: Daniel J DeRogatis
  • Agent Phone: (561) 305-5500

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property with a front yard

$1,695,000

4063 Herbertz Rd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 07, 2022
Home Sold
$1,250,000
Jun 12, 2006
Home Sold
$600,000

Tax history

YearAssessmentProperty Tax
2023$841,369$16,606
2022$754,865$13,260
2021$623,637$13,260
2020$674,898$11,943
2019$404,814$11,716
2018$368,013$9,941
2017$334,557$8,645

History based on county public records data.

Nearby schools

4

Palm Springs Elementary School

Public District PK-5

1.0 mi

101 Davis Rd

7

Greenacres Elementary School

Public District PK-5

1.4 mi

405 Jackson Ave

5

Heritage Elementary School

Public District KG-5

1.4 mi

5100 Melaleuca Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,405. Typical income of Lake Worth, FL residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

44%
<35k
33%
35k-100k
22%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
25%
Single, with Kids
15%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 4063 Herbertz Rd in Lake Worth, FL and zip code 33461. This 5,880 square foot home was built in 1979. Features: 0 bathroom. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,695,000.

While more than 8 listings in Lake Worth, FL in January 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. The number of homes for sale in Lake Worth, FL increased by 14.8% between December and January 2025. Listings spent 77 days on the market in January 2025, and had a median list price of $466,547 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources