Home » Lake Worth Beach » 215 S Federal Highway, Lake Worth Beach, FL 33460 | R11037277/RX-11037277

Duplex For Sale 215 S Federal Highway, Lake Worth Beach, FL 33460

$699,000

Property Highlights

Listing ID R11037277/RX-11037277 Status of this Listing: Active Under Contract (An offer has been accepted, considering Backup Offers) For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 2,257 Sqft/209.68 m2 approx. Building Area 2,257 Sqft/209.68 m2 approx. Lot area 6,970 Sqft/647.53 m2 approx. Year Built 1926 Time of this property on Rebonus 76 Day(s)

215 S Federal Highway, Lake Worth Beach, FL 33460

Property Description: Two separate buildings on opposite sides of the nearly 7000 sq ft lot with plenty of parking between. Listing may include virtually enhanced photos. Zoning MU-E MIXED USE EAST (38-LAKE WORTH BEACH) (see Documents for all Property Records) makes it even more versatile. Front is a big 3 bed 1 bath historic, updated to Period with a fireplace & other charming features.Back is concrete 2 bed, 1.5 baths, remodeled with granite countertops and impact glass. Lake Worth Beach has its own power generation and RO water treatment plant; you can drink out of the taps. Currently at an annual GRI of $49,680.00 (annual leases; could easily be more than tripled for short term Rentals. 3 blocks from the Intracoastal Waterway and bridge to the beach! Leave the car at home and LOVE WHERE YOU LIVE!

Useful Info

Contingency:Pending Inspections
Original List Price:$699,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
  • Frame
Flooring:
  • Tile
  • Wood
  • Vinyl
  • Hardwood
Stories:1

Property Features

Has View:Yes
View from the Property:
  • Water
Waterfront:No
Exterior Features:
  • Room For Pool
Roof:
  • Shingle
  • Composition
  • Tar/gravel
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$8,263

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
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Pet On Property
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • 1031 Exchange
Buyer Possession:
  • Closing & Funding
Tenant Pays:
  • Exterior Electric
Lease Considered:No

Community

Subdivision Name:LAKE WORTH TOWN OF
Community Features:
  • Non-gated
Complex Name:LAKE WORTH TOWN OF
Senior Community:No
Restrictions:Ok To Lease

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11037277
Ref1095188718

Zoning and Legal

Tax Legal Description:TOWN OF LAKE WORTH LT 12 BLK 93
Real Estate Folio Number (Parcel Number):38434421150930120
Zoning Description:MU-E--MI

Listing History

Update/EventDate/Days
Published Date:November 15, 2024 5:28 am
On Market Date:November 15, 2024
Listing Contract Date:November 15, 2024
Contingent Date:January 22, 2025
Last Important Update Description:Active Under Contract (An offer has been accepted, considering Backup Offers)
Date and Time of Last Important Update:January 30, 2025 5:55 am
Status Last Changed:January 30, 2025 12:00 am
Photos Last Modified:January 30, 2025 2:24 pm
Last Modified:January 30, 2025 2:42 pm
Days on the Market Reference Date:January 30, 2025
Days on the Market (updated on Last Modified*):68
Cumulative Days on the Market (updated on Last Modified**):68

Additional Information

Lot Size Range:,
Number of Photos:41
Location:,
Included:,,
Geographical Area:Palm Beach 5600; 5610; 5620; 5630; 5640
Area:5610
Automated Valuation Display:Yes
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12099-N-38434421150930120-R-N

Location

Show Property Address:Yes
Street Name:Federal Highway
Street Number:215
Street Direction Prefix:S
Street Address:215 S Federal Highway
Unit Number:Front & Back
City : Lake Worth Beach
State : Florida
Zip Code : 33460
County : Palm Beach
Full Address:215 S Federal Highway, Lake Worth Beach, FL 33460
Latitude:N26° 36' 46''
Longitude:W81° 56' 50''

Neighborhood

Postal City:Lake Worth Beach

Property Map