$875,000

Price reduced

1625 S Federal Hwy, Lake Worth FL 33460

1,806 sq ftBuilt 1950MLS# A11975247

Email to a friend

Email this property to a friend

By submitting you agree to be contacted about your request. Privacy policy

About this property

Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.

Property details

Property type
Multi-family
Year built
1950
Living area
1,806 sq ft
Price per sq ft
$484
Property taxes
$13,486/yr
Parking
6 spaces
Building / community
Blackwell Park Rev Pl
Status
Price reduced
MLS #
A11975247

Listing courtesy of Elite Sales Group.

Location

Similar properties

Photo of 6395 Stonehurst Circle, Lake Worth FL 33467 For sale
$875,000

Smith Dairy West 4,smith Farm

6395 Stonehurst Circle, Lake Worth FL 33467
4 bd · 4 ba · 3,303 sq ft
MLS# B26089504 · Listing courtesy of Signature Int'l Premier Properties
Photo of 9889 Agnello St, Lake Worth FL 33467 Price reduced
$879,000

Towne Park Tr J

9889 Agnello St, Lake Worth FL 33467
3 bd · 3 ba · 2,002 sq ft
MLS# A12095827 · Listing courtesy of One Sotheby's International Realty
Photo of 5324 Star Rush Lane, Lake Worth FL 33467 For sale
$879,000

WINDSONG ESTATES,Windsong Estates

5324 Star Rush Lane, Lake Worth FL 33467
3 bd · 2.5 ba · 2,107 sq ft
MLS# B26058972 · Listing courtesy of EXP Realty LLC