Active
1331 N Federal Highway 1
Lake Worth Beach FL, 33460
$750,000
$376.88 per sqft
Active
1,990 sqft
Multi-family
Built in 1956
Welcome to Lake Worth Beach! This exceptional investment property with an excellent cap rate is ready for it new owners! This is for anyone looking to capitalize on its prime location and turnkey setup. The property includes a 3-bed/3-bath unit and a 2-bed/1-bath unit, along with a 264 sq ft under-air storage room w/ carport. Zoned commercial multifamily (>10 units). The property has a newer roof, brand-new impact windows/doors, and fully upgraded kitchens & baths. Designated parking spaces, and separate entrances, offering convenience and privacy for guests. Situated on a corner lot, this low-maintenance property is just 1 mile to the beach and steps from downtown nightlife, restaurants, and bars. FULLY FURNISHED and beautifully decorated, the property is ready for immediate rentals!
R11039916
MLSⓇ ID
November 24, 2024
Listed
December 6, 2024
Updated
Map
1331 N Federal Highway 1
Lake Worth Beach FL, 33460
Interior Features
Total Stories
1
Floor Description
Ceramic Tile, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Fence, Porch, Patio
Lot Features
Corner Lot, 1/4 Acre
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
5620
Taxes
$4,558
Tax Frequency
Annually
Days on Market
12
Association Fee Frequency
Monthly
Garage
No
View
Yes
View Description
Garden
County
Palm Beach
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
12/6/2024 | Price change | $750,000 -7% |
Listed by: Coastal Classic Realty
Listing Contact:
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Data last updated 10:11 PM UTC, 12/6/2024