North Lake Worth, 1331 N Federal Hwy

Beds
1,990
SqFt
$377
$/SqFt
Premium Multifamily
Built in 1956
Garden View
Fence
Welcome to Lake Worth Beach! This exceptional CBS 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!
MLS Number: R11039916
On Site: 665 Days
Updated: 599 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Porch,Patio
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: Central,Electric
      • Cooling Description: CentralAir, CeilingFans, WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile,Tile
      • Windows/Treatment: Blinds,ImpactGlass
      • 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: 2024-11-24T15:00:52.000-00:00
        Taxes, Fees & More
        • Taxes: 4558
        • Total Units in Building: 2

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        Price History

        Current
        $750K
        High
        $799K
        Low
        $750K
        Total Change
        -6.1%
        $805K$775K$744KNov 24Dec 24
        Date
        Event
        Price
        Change
        Price Per
        12/05/2024
        Price Reduced
        $750K
        -6.13%
        $377 ft2
        $4,057 m2
        11/25/2024
        Listed
        $799K
         
        $402 ft2
        $4,322 m2
        12/05/2024
        $750K
        Event
        Price Reduced
        Change
        -6.13%
        Price Per
        $377 ft2
        $4,057 m2
        11/25/2024
        $799K
        Event
        Listed
        Price Per
        $402 ft2
        $4,322 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Blair AlshutCoastal Classic Realty • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        54

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        59

        100
        Sound Score®
        Very loud
        70

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        42

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        2 – 4 BR
        Bedrooms
        $450K – $849K
        Price Tier
        630 - 4,641
        SqFt Range
        1956
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Golf Course
        None
        Sidewalks

        Lake Worth Beach
        Premium
        Premium Homes & Condos