Homes for sale - 215 N Federal Hwy, Lake Worth Beach, FL 33460

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Alan Olem

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

$ 1,687,653

Est. payment -/mo

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Active

215 N Federal Hwy Lake Worth Beach, FL 33460

2,949 SqFt

UPDATED:

10/15/2024 01:06 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,949 sqft

Price per Sqft $572

Subdivision Lake Worth Town

MLS Listing ID F10465624

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1921

Annual Tax Amount $9,794

Tax Year 2023

Property Description

Incredible investment opportunity! Currently projected at $185k in annual gross revenue! This property offers excellent visibility and accessibility, making it a prime location for attracting tenants and customers alike. The main house features 4 bedrooms and 1 bathroom, complete with a private yard and deck, creating a comfortable living space. In addition, the rear building includes three 2-bedroom, 1-bath apartments, with parking conveniently available through a nearby church lot. This property is perfect for buyers who want to reside in the main house while leasing the rear units for annual rentals or Airbnb. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting.

Location

State FL

County Palm Beach County

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

Zoning MU-E

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Other Floors

Exterior

Exterior Feature Open Porch, Patio

Water Access Y

Water Access Desc None

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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