Bought with Douglas Elliman (Palm Beach)
$1,270,000
$1,390,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
131 S Federal Hwy HWY Lake Worth Beach, FL 33460
4 Beds
4 Baths
2,807 SqFt
Key Details
Sold Price $1,270,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,807 sqft
Price per Sqft $452
Subdivision Town Of Lake Worth
MLS Listing ID RX-10889844
Sold Date 08/11/23
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $8,918
Tax Year 2022
Property Description
Welcome to this charming and enchanting 5 unit property, nestled near the heart of trendy downtown Lake Worth. With its timeless appeal and old Florida charm, this hidden gem offers an incredible investment opportunity. All units have been recently and tastefully updated inside with tenants in place. This property would also make an incredible AirBnB/Short term rental property as well as downtown Lake Worth is 1 block away and you can walk or bike to restaurants, intracoastal and the beach! The property is also zoned for Mixed use meaning the possibilities with this property are limitless. Situated on a large corner .31 acre lot offering off street parking for all tenants and a garage for storage. This one would make in incredible addition to anyone's investment portfolio!
Location
State FL
County Palm Beach
Area 5610
Zoning Mixed Use
Interior
Heating Central, Window/Wall
Cooling Central, Wall-Win A/C
Flooring Laminate, Tile
Exterior
Exterior Feature Exterior W/D Hookup
Garage Spaces 1.0
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Metal,Other
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS, Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP