215 N Federal Hwy Active

Lake Worth Beach,FL 33460

$ 1687653

- Bed

- Bath

2949 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,949 sqft

Price per Sqft $572

Subdivision Lake Worth Town

MLS Listing ID F10465624

Style Fourplex

Year Built 1921

Annual Tax Amount $9,794

Tax Year 2023

Property Description

Incredible investment opportunity! Currently projected at $185k in annual gross revenue! This property offers excellent visibility and accessibility, making it a prime location for attracting tenants and customers alike. The main house features 4 bedrooms and 1 bathroom, complete with a private yard and deck, creating a comfortable living space. In addition, the rear building includes three 2-bedroom, 1-bath apartments, with parking conveniently available through a nearby church lot. This property is perfect for buyers who want to reside in the main house while leasing the rear units for annual rentals or Airbnb. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting.

Location

State FL

County Palm Beach County

Area Palm Beach 5600; 5610; 5620; 5630; 5640

Zoning MU-E

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Other Floors

Exterior

Exterior Feature Open Porch,Patio

Water Access Y

Roof Type Other Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Concrete Block Construction,Other Construction

Sewer Other Sewer

Water Other

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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