About 131 S Federal Highway
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 of 131 S Federal Highway
| MLS® # | B26053891 |
|---|---|
| Price | $1,500,000 |
| Square Footage | 3,112 |
| Acres | 0.31 |
| Year Built | 1924 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 131 S Federal Highway |
|---|---|
| Area | 5610 |
| Subdivision | LAKE WORTH TOWN OF |
| City | Lake Worth Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33460 |
Amenities
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | None |
|---|---|
| Windows | Blinds |
| Roof | Metal |
| Construction | Frame |
School Information
| Elementary | South Grade |
|---|---|
| Middle | Lake Worth |
| High | Lake Worth |
Additional Information
| Zoning | MU-E (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Home Sold Realty LLC |
|---|---|
| Phone | 833-700-2782 |