131 S FEDERAL HWY, Lake Worth Beach, FL 33460
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131 S FEDERAL HWY Lake Worth Beach, FL 33460

3,112 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,112 sqft

Subdivision Lake Worth Town Of

MLS Listing ID B26053891

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Year Built 1924

Annual Tax Amount $19,428

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Quadruplex

Property Description

Federal Flats in Lake Worth Beach is a renovated 5-unit multifamily property featuring three studio apartments, one 1-bedroom/1-bathroom unit, and one spacious 3-bedroom/1-bathroom unit. The property is currently generating $9,150 in gross monthly rental income, with one studio vacant and additional income available upon lease-up. Conveniently located near downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, Federal Flats offers immediate cash flow with further upside through stabilization and future rent growth.

Location

State FL

County Palm Beach

Area 5610

Direction Use Navigation

Rooms

Other Rooms Other

Interior

Heating Central

Cooling None

Flooring Wood

Equipment None

Fireplace No

Window Features Blinds

Exterior

Exterior Feature None

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

Water Access Desc Public

Roof Type Metal

Street Surface Asphalt

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Dwelling Type Multi Family,Quadruplex

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Other

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Elementary Schools South Grade

Middle Schools Lake Worth

High Schools Lake Worth

Others

Pets Allowed Yes

Senior Community No

Tax ID 38434421150430150

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/131-S-FEDERAL-Highway-Lake-Worth-Beach-FL-33460/unbranded

BeachesMLS, Inc. (FLR) VOW
Listed by Camilo De la Cruz Perez Home Sold Realty LLC

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Sofia Nina

Sofia Nina

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131 S FEDERAL HWY

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