131 S FEDERAL HWY, Lake Worth Beach, FL 33460
131 S FEDERAL HWY, Lake Worth Beach, FL 33460
131 S FEDERAL HWY, Lake Worth Beach, FL 33460
15
See all 15 photos
$1,500,000
Est. payment /mo
3,112 SqFt
New

131 S FEDERAL HWY Lake Worth Beach, FL 33460

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,112 sqft

Price per Sqft $482

Subdivision Lake Worth Town Of

MLS Listing ID B26053891

Style One Story,Fourplex

HOA Y/N No

Leases Per Year 1

Year Built 1924

Annual Tax Amount $19,428

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Condominium

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

Community Lake Worth Town Of

Area 5610

Direction Use Navigation

Interior

Heating Central

Cooling None

Flooring Hardwood, Wood

Window Features Blinds

Exterior

Exterior Feature None

Pool None

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

Roof Type Metal

Private Pool No

Building

Lot Description <1 Acre, 1/4 to 1/2 Acre Lot

Building Description Frame,Stucco, Other

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story, Fourplex

Level or Stories One

Structure Type Frame,Stucco

Schools

Elementary Schools South Grade

Middle Schools Lake Worth Community Middle

High Schools Lake Worth

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions See Remarks

Tax ID 38434421150430150

Acceptable Financing Cash, Conventional, FHA 203(k), FHA

Listing Terms Cash, Conventional, FHA 203(k), FHA

Pets Allowed No Pet Restrictions

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


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Home Sold Realty LLC
Name
Phone*
Message

Go tour this home

131 S FEDERAL HWY