Lake Worth Beach, FL 33460,215 N Federal Hwy
Lake Worth Beach, FL 33460,215 N Federal Hwy
Lake Worth Beach, FL 33460,215 N Federal Hwy
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$1,687,653
Est. payment /mo
2,949 SqFt
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UPDATED:

10/15/2024 01:06 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,949 sqft

Price per Sqft $572

Subdivision Lake Worth Town

MLS Listing ID F10465624

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1921

Annual Tax Amount $9,794

Tax Year 2023

Property Description

Incredible investment opportunity! Currently projected at $185k in annual gross revenue! This property offers excellent visibility and accessibility, making it a prime location for attracting tenants and customers alike. The main house features 4 bedrooms and 1 bathroom, complete with a private yard and deck, creating a comfortable living space. In addition, the rear building includes three 2-bedroom, 1-bath apartments, with parking conveniently available through a nearby church lot. This property is perfect for buyers who want to reside in the main house while leasing the rear units for annual rentals or Airbnb. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting.

Location

State FL

County Palm Beach County

Area Palm Beach 5600; 5610; 5620; 5630; 5640

Zoning MU-E

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Other Floors

Exterior

Exterior Feature Open Porch, Patio

Waterfront No

Water Access Y

Water Access Desc None

Roof Type Other Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Concrete Block Construction, Other Construction

Sewer Other Sewer

Water Other

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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BeachesMLS Matrix (RAPB-F prefix)
Listed by The Keyes Company

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Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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