131 S FEDERAL Highway, FL 33460
FL 33460
$1,425,000
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- Price
- $1,425,000
- Square feet
- 3,112
- Property type
- Quadruplex
- Year built
- 1924
- Lot size (sq ft)
- 13,520
- MLS number
- B26053891
This listing is courtesy of Home Sold Realty LLC, 833-700-2782.
About this property
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.
Details
- Property type
- Quadruplex
- Year built
- 1924
- Lot size (sq ft)
- 13,520
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC