$1,500,000
Active
$1,500,000
131 FEDERAL
Lake Worth Beach, FL 33460
3,112 sqft
Lake Worth Town Of
$1,940,000Active
1001 S FEDERAL Highway, Lake Worth Beach, FL
Lake Worth Beach, FL
0
Sq Ft
1958
Year Built
0.31 acres
Lot Size
Listing Snapshot
| List Price | $1,940,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.31 acres |
| Year Built | 1958 |
| Property Tax | $24,018.37/yr |
| MLS # | 1177369884 |
| Status | Active |
About This Home
Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 1
- Parking Spaces
- 3
- Zoning
- MU-FH (city)
- Security
- None
- Utilities
- ElectricityConnected,SewerConnected,WaterConnected
Interior Features
- Flooring
- Wood
- Heating
- Other
- Cooling
- Other
Exterior Features
- Construction
- Block
- Roof
- Tile
- Lot Features
- Other,QuarterToHalfAcreLot
Community Features
- MLS Area
- 5610
Map
Virtual Tour
View Virtual TourListed by Camilo Perez · Home Sold Realty LLC
MLS# 1177369884 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1177369884 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,552,000
%
Est. Monthly$12,589
Principal & Interest$10,587
Property Tax$2,002
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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