1331 N Federal HWY 1 Active Save Request In-Person Tour Request Virtual Tour
Lake Worth Beach,FL 33460
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,990 sqft
Price per Sqft $376
Subdivision North Lake Worth
MLS Listing ID RX-11039916
Bedrooms 5
Full Baths 4
Year Built 1956
Annual Tax Amount $4,558
Tax Year 2024
Lot Size 4,750 Sqft
Property Description
Welcome to Lake Worth Beach! This exceptional investment property with an excellent cap rate is ready for it new owners! This is for anyone looking to capitalize on its prime location and turnkey setup. The property includes a 3-bed/3-bath unit and a 2-bed/1-bath unit, along with a 264 sq ft under-air storage room w/ carport. Zoned commercial multifamily (>10 units). The property has a newer roof, brand-new impact windows/doors, and fully upgraded kitchens & baths. Designated parking spaces, and separate entrances, offering convenience and privacy for guests. Situated on a corner lot, this low-maintenance property is just 1 mile to the beach and steps from downtown nightlife, restaurants, and bars. FULLY FURNISHED and beautifully decorated, the property is ready for immediate rentals!
Location
State FL
County Palm Beach
Area 5620
Zoning MU-FH(
Interior
Heating Central Individual
Cooling Central Individual,Paddle Fans,Wall-Win A/C
Flooring Ceramic Tile,Tile
Exterior
Exterior Feature Covered Patio,Fence,Open Patio,Open Porch
Community Features Sold As-Is
Utilities Available Electric,Public Sewer,Public Water
Amenities Available Bike - Jog,Picnic Area,Sidewalks
Waterfront Description None
View Garden
Roof Type Tar/Gravel
Building
Lot Description < 1/4 Acre,Corner Lot,Paved Road,Public Road,Sidewalks,West of US-1
Story 1.0
Foundation CBS
Others
Acceptable Financing Cash,Conventional,VA
Listing Terms Cash,Conventional,VA