$799,000
For Sale

1331 N Federal Highway

Lake Worth Beach, FL 33460
1990 sqft | #RX-11039916
Browse 39 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Welcome to Lake Worth Beach! This exceptional investment property is perfect for the savvy investor 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. Zoned commercial multifamily (>10 units), it's ideal for short-term rentals. The property has a newer roof, brand-new impact windows/doors, and fully upgraded kitchens & baths. Each unit offers 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 operation.

  • Interior Details
      • CoolingCentral Individual, Paddle Fans
  • Property Details
      • Lot FeaturesWest of US-1, < 1/4 Acre, Corner Lot, Paved Road, Public Road, Sidewalks
      • Lot DescriptionWest of US-1, < 1/4 Acre, Corner Lot, Paved Road, Public Road, Sidewalks
      • Exterior FeaturesCovered Patio, Fence, Open Patio, Open Porch
      • Exterior MaterialsCovered Patio, Fence, Open Patio, Open Porch
      • ViewGarden
      • Stories1
    • Measurements
      • Square Feet1990
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1956
    • Material information
      • RoofTar/Gravel
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionNORTH LAKE WORTH
    • Location
      • CountyPalm Beach
      • ZoningMU-FH(
  • Financial Details
      • Original List Price$799,000
      • Taxes Annual$4,558
  • Other
      • MLS #RX-11039916

Location

Peter J Pellegrini | Pickle Ball Real EstateReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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