Home » Lake Worth Beach » 314 S Federal Hwy, Lake Worth Beach, FL 33460 | F10465626

Fourplex (Quadruplex) For Sale 314 S Federal Hwy, Lake Worth Beach, FL 33460

$1,559,498

Property Highlights

Listing ID F10465626 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,148 Sqft/199.56 m2 approx. Year Built 1928 Time of this property on Rebonus 104 Day(s)

314 S Federal Hwy, Lake Worth Beach, FL 33460

Property Description: Incredible investment opportunity! Currently brining in $171k in annual gross revenue! This first-class, four-unit multifamily property is in pristine condition, offering a true turn-key investment opportunity. Each of the four units consists of a 1 bed/ 1 bath layout, making it ideal for both short & long-term tenants. The property features a serene private yard, providing a tranquil retreat for residents to relax and enjoy their day. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. This property boasts high visibility and easy accessibility, making it an attractive investment for those seeking steady rental income.

Useful Info

Original List Price:$1,559,498

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:1
Architectural
Style:
  • Fourplex
Property Condition:
  • Resale
Levels:Two
Construction Materials:
  • Block
  • Other
Flooring:
  • Tile
  • Other
Stories:2

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$8,922

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:Lake Worth Town
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Other
Utilities Available:
  • Cable Available
Water Source:
  • Other

More Details

Other Information:
Data exchange original Listing NumberF10465626
Type of AssociationNone
Ref1089896719

Zoning and Legal

Tax Legal Description:TOWN OF LAKE WORTH N 1/2 OF LT 4 & LT 5 BLK 107
Real Estate Folio Number (Parcel Number):38434421151070041
Zoning Description:MU-FH
Public Survey Township:43
Public Survey Section:21

Listing History

Update/EventDate/Days
Published Date:October 10, 2024 11:18 am
On Market Date:October 10, 2024
Listing Contract Date:October 10, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:October 10, 2024 11:18 am
Status Last Changed:October 10, 2024 11:18 am
Photos Last Modified:October 10, 2024 3:27 pm
Last Modified:January 22, 2025 3:03 pm
Days on the Market Reference Date:January 22, 2025
Days on the Market (updated on Last Modified*):104
Cumulative Days on the Market (updated on Last Modified**):174

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:93
Location:,
Included:,,
Geographical Area:Palm Beach 5600; 5610; 5620; 5630; 5640
Area:5600
Automated Valuation Display:Yes
Courtesy of:The Keyes Company
Attribution:(954) 687-5160
Universal Property Id:US-12099-N-38434421151070041-R-N

Location

Show Property Address:Yes
Street Name:Federal Hwy
Street Number:314
Street Direction Prefix:S
Street Address:314 S Federal Hwy
City : Lake Worth Beach
State : Florida
Zip Code : 33460
County : Palm Beach
Full Address:314 S Federal Hwy, Lake Worth Beach, FL 33460
Latitude:N26° 36' 41.9''
Longitude:W81° 56' 51.3''

Neighborhood

Postal City:Lake Worth Beach

Property Map