Property 1001 S FEDERAL Highway, Lake Worth Beach, FL for sale with MLS# B26053945
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.
1001 S FEDERAL Highway, Lake Worth Beach, FL
- Price:
- $1,899,000.00
- Original List Price:
- $1,940,000.00
- Gross Scheduled Income:
- 199874
- Tenant Pays:
- Electricity, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- September 24, 2026 8:38 pm
- Built-Up Area:
- 3,762 Sqft
- Lot Area:
- 13,500 Sqft
- Building Area Source:
- Owner
- Lot Size Acres:
- 0.31
- Air Conditioning
- Air Conditioning System:
- Other
- Heating
- Heating System:
- Other
- Year Built:
- 1958
- Roof:
- Tile
- Number of Buildings:
- 2
- Number of Units Total:
- 8
- Construction Materials:
- CBS
- Flooring:
- Wood
- Number of stories:
- 1
- Flood Zone Code:
- AE,X
- Tax Annual Amount:
- $24,018.37
- Tax Year:
- 2025
- Tax Assessed Value:
- $942,286.00
- Maintenance Expense:
- $3,200.00
- Insurance Expense:
- $11,542.00
- Parking Total Spaces:
- 3
- Sewer:
- Public Sewer
- Electric:
- Separate Meters
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Photos, Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- ADD 1 TO TOWN OF LAKE WORTH LTS 9 & 10 BLK 39
- Real Estate Folio Number (Parcel Number):
- 38434427010390090
- Zoning:
- MU-FH (city)
- Active on the market since:
- July 18, 2026
- Listing Agreement executed on:
- July 18, 2026
- Price change occurred on:
- September 24, 2026 8:38 pm
- Listing Status Last Changed On:
- July 18, 2026 7:25 pm
- Photos updated on:
- July 18, 2026 7:25 pm
- Last Modified:
- October 13, 2026 6:44 pm
- Courtesy of:
- Home Sold Realty LLC
- Attribution:
- Not provided
- Street Name:
- FEDERAL
- Street Number:
- 1001
- City:
- Lake Worth Beach
- State:
- Florida
- County:
- Palm Beach
- Latitude:
- N26° 36' 12.4''
- Longitude:
- W81° 56' 50.7''
- Street Suffix:
- Highway
- Street Direction Prefix:
- S
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Ver la propiedad 1001 S FEDERAL Highway, Lake Worth Beach, FL
