BEDS0
BATHS
SQUARE FEET3,112
MLS#B26053891
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLAKE WORTH TOWN OF
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: Central
Lot Size: 0.31 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $19,428
Year Built: 1924
Amenities
None
Feature Descriptions
Days on Site: 2
Exterior: Frame
Flooring: Wood
Other Equipment: None
Parcel#: 38434421150430150
Pets Allowed: Yes, No Restrictions
Restrictions: See Remarks
Sewer: Public Sewer
SQFT Living: 3112
Structure Type: Multi Family, Quadruplex
Units: 4
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Waterfront Features: None
Windows: Blinds
Local Schools
High School: Lake Worth
Middle School: Lake Worth
Elementary School: South Grade
Listed By / Shown By
Listed By
Agency Name: Home Sold Realty LLC
Agency Phone: 833-700-2782
Shown By
Agent Name: Shapi Moshksaran
Agent Phone: Cell: (813) 500-1454
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 5,394.85 per month $3,338.35 Principal & Interest $1,619.00 Property Tax $437.50 Homeowner's InsuranceChange Payment Information
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131 S Federal Highway | MLS# B26053891
This multi-family property located at 131 S Federal Highway, Lake Worth Beach, FL 33460 is currently listed for sale with an asking price of $1,500,000. Search Lake Worth Beach real estate on www.homebyshapi.com today.