Property Details
| Asking Price | $1,500,000 |
|---|---|
| Price per SqFt | $482 |
| Maintenance fee | Inquire |
| Property Taxes | $19,428 2025 |
| Interior Space | 3,112 SqFt |
| Beds/Baths | —/— |
| Year Built | 1924 |
| Pool | No |
| Lot Size | 0.31 acres |
| MLS # | B26053891 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Home Sold Realty LLC
Sales History for This Home · 131 S FEDERAL Highway, Lake Worth Beach, FL 33460
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R10889844 | $1,270,000 | 8/11/23 |
| R10739808 | $1,174,700 | 10/12/21 |
| A10008947 | $400,000 | 3/18/16 |
| F1193706 | $174,350 | 8/31/12 |
Listed by Home Sold Realty LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Lake Worth Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.