131 S Federal Highway, Not Provided, FL 33460

$1,500,000
3,112
SqFt

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List Price
$1,500,000
MLS
B26053891
Status
ACTIVE
Type
Multifamily
Living Area
3,112

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.

Additional Information

Days on Market
9
Style
Fourplex
Special Information
Substantially Remodeled, Updated/Remodeled, Completely Renovated
Lot Size
13,520
Exterior Features
East Of Us1, None
Year Built
1924
Development Name
Lake Worth Town Of
#Stories
1
Construction Type
Frame, Frame With Stucco

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Calculator source: Real Geeks

Listing Courtesy of Home Sold Realty LLC, Contact: