1001 S FEDERAL HWY, Lake Worth Beach, FL
1001 S FEDERAL HWY, Lake Worth Beach, FL
1001 S FEDERAL HWY, Lake Worth Beach, FL
18
See all 18 photos
$1,940,000
Est. payment /mo
Save Virtual Tour
3,762 SqFt
New

1001 S FEDERAL HWY Lake Worth Beach, FL

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Bryan Bergstein

Bryan Bergstein

eXp Realty

+1(561) 562-1356

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,762 sqft

Price per Sqft $515

MLS Listing ID B26053945

HOA Y/N No

Year Built 1958

Annual Tax Amount $24,018

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Multi Family

Property Description

Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.

Location

State FL

County Palm Beach

Area 5610

Zoning MU-FH (city)

Interior

Interior Features InteriorFeatures

Heating Other

Cooling Other

Flooring Wood

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Tile

Accessibility None

Total Parking Spaces 3

Building

Lot Description Other, 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 38434427010390090

Security Features None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/1001-S-FEDERAL-Highway-Lake-Worth-Beach-FL/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Camilo De la Cruz Perez Home Sold Realty LLC

GET MORE INFORMATION

Bryan Bergstein

Bryan Bergstein

Team Leader | License ID: 3652438

+1(561) 562-1356

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from , including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

1001 S FEDERAL HWY