Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1924
Sq.Footage
3,112
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.31
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,500,000
-
Tax Amount
$19,428.05
-
Sq. Footage
3,112
-
Price/SqFt
$482
HOA
-
Association
No
School District
-
Elementary School
South Grade
-
Middle School
Lake Worth
-
High School
Lake Worth
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
South Grade
Middle School
Lake Worth
High School
Lake Worth
Listing Courtesy of Camilo De la Cruz Perez , Home Sold Realty LLC
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