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Updated over 5 years ago on . Most recent reply
West Palm Beach or Lake Worth Florida Multifamily Investing -1031
Anyone in West Palm Beach or Lakeworth have some local knowledge and want to meet up tomorrow?
I'm from California I'm looking at a 16 unit and a 24 unit as an upleg property for my 1031 exchange.
I have never been to that area so I'm not familiar with which areas are 'good' or not... Would be nice to chat about the area Thanks feel free to PM
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#1 Foreclosures Contributor
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- West Palm Beach, FL
Certainly some shaky areas in both, especially where you have 16-24 unit properties. Driving the neighborhoods is definitely your best indicator, crime heat maps, etc.
I don’t know Lake Worth that well, but I believe the worst areas are south of Lake Worth rd, west of Dixie Hwy.
WPB, worst areas are just north of the CBD, again west of Dixie...like 7th st up to 25-30th st. Anything near Tamarind Ave is trouble.