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Multifamily in Lake Worth Beach, FL 33460North Lake Worth, 1331 N Federal Hwy
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OFF MARKET
Beds
1,990
SqFt$417
$/SqFtPremium Multifamily
Built in 1956
Garden View
Porch
Welcome to Lake Worth Beach! The property is currently being run as 4 units split into a 1/1, a 2/1, and 2 studios for short term rentals! This property is zoned commercial MULIFAMILY > 10 units. All the decor and furniture is included so the new owners can start their business right away. Some of the units have just been upgraded with new kitchens and/or baths. Each unit has their own patio and parking spot. Very low maintenance to upkeep the property. The units are 1 mile to the beach, downtown nightlife, restaurants and bars. This is a great investment for anyone who wants a 11+ cap rate. Property for sale next door RX-10837047 also zoned MULTIFAMILY > 10 units. OM available upon request. Come see what the hype is about in Lake Worth Beach!
MLS Number: R10845442
On Site: 1408 Days
Updated: 1319 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Porch,Patio,Awnings
- View: Garden
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: CentralAir, CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: CeramicTile
- Windows/Treatment: Blinds
- Year Built: 1956
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: No info
- Listing Date: 2022-11-12T08:50:02.000-00:00
Taxes, Fees & More
- Taxes: 4126
- Total Units in Building: 2
Apples-to-Apples Comparables
Price History
Current
$830K
High
$1.1M
Low
$830K
Total Change
-24.6%Date
Event
Price
Change
Price Per
02/08/2023
Price Reduced
$830K
-17.01%$417 ft2
$4,489 m2
01/28/2023
Price Reduced
$1000K
-9.09%$503 ft2
$5,409 m2
11/16/2022
Listed
$1.1M
$553 ft2
$5,950 m2
02/08/2023
$830K
Event
Price Reduced
Change
-17.01%Price Per
$417 ft2
$4,489 m2
01/28/2023
$1000K
Event
Price Reduced
Change
-9.09%Price Per
$503 ft2
$5,409 m2
11/16/2022
$1.1M
Event
Listed
Price Per
$553 ft2
$5,950 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Blair Alshut • Coastal Classic Realty • Buyer Agency Compensation .
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Scores
54
100
59
100
70
100
0
100
42
100
1
100
Community Snapshot
2 – 4 BR
Bedrooms
$450K – $849K
Price Tier
630 - 4,641
SqFt Range
1956
Year Build
1
Total Floors
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- Lake Osborne Manor House0
- Lake Osborne Park Mixed0
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- Lake Worth Town Mixed50
- Lakeview Heights Mixed0
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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