Homes for sale - 314 S Federal Hwy, Lake Worth Beach, FL 33460

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Alan Olem

alan.olem@engelvoelkers.com +1(954) 854-7678

$ 1,559,498

Est. payment -/mo

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Active

314 S Federal Hwy Lake Worth Beach, FL 33460

2,148 SqFt

UPDATED:

10/15/2024 01:07 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,148 sqft

Price per Sqft $726

Subdivision Lake Worth Town

MLS Listing ID F10465626

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1928

Annual Tax Amount $8,922

Tax Year 2023

Property Description

Incredible investment opportunity! Currently brining in $171k in annual gross revenue! This first-class, four-unit multifamily property is in pristine condition, offering a true turn-key investment opportunity. Each of the four units consists of a 1 bed/ 1 bath layout, making it ideal for both short & long-term tenants. The property features a serene private yard, providing a tranquil retreat for residents to relax and enjoy their day. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. This property boasts high visibility and easy accessibility, making it an attractive investment for those seeking steady rental income.

Location

State FL

County Palm Beach County

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

Zoning MU-FH

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Other Floors, Tile Floors

Exterior

Water Access N

Roof Type Other Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Concrete Block Construction, Other Construction

Sewer Other Sewer

Water Other

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by The Keyes Company

Alan Olem

Advisor | License ID: 3348595

+1(954) 854-7678

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