1331 North Federal Highway, Unit 1
$750,000
—
1,990
1,990
$377
Description
Welcome to Lake Worth Beach! This exceptional investment property with an excellent cap rate is ready for it new owners! This is for anyone looking to capitalize on its prime location and turnkey setup. The property includes a 3-bed/3-bath unit and a 2-bed/1-bath unit, along with a 264 sq ft under-air storage room w/ carport. Zoned commercial multifamily (>10 units). The property has a newer roof, brand-new impact windows/doors, and fully upgraded kitchens & baths. Designated parking spaces, and...Welcome to Lake Worth Beach! This exceptional investment property with an excellent cap rate is ready for it new owners! This is for anyone looking to capitalize on its prime location and turnkey setup. The property includes a 3-bed/3-bath unit and a 2-bed/1-bath unit, along with a 264 sq ft under-air storage room w/ carport. Zoned commercial multifamily (>10 units). The property has a newer roof, brand-new impact windows/doors, and fully upgraded kitchens & baths. Designated parking spaces, and separate entrances, offering convenience and privacy for guests. Situated on a corner lot, this low-maintenance property is just 1 mile to the beach and steps from downtown nightlife, restaurants, and bars. FULLY FURNISHED and beautifully decorated, the property is ready for immediate rentals!
- Listed by Blair Ann Alshut • Coastal Classic Realty
- Listed by Ashley Alshut • Coastal Classic Realty
Property Details for 1331 North Federal Highway, Unit 1
Subdivision
NORTH LAKE WORTH
WaterfrontNo
Waterfront DetailsNone
ViewGarden
StyleNo Pool/No Water
LISTING UPDATED: 12/06/2024 02:08 PM
Property Details for 1331 North Federal Highway, Unit 1
Status | Active |
---|---|
MLS # | RX-11039916 |
Days on Market | 31 |
Taxes | $4,558 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1956 |
Lot Size | 0.11 AC / 4,750 SF |
County | Palm Beach County |
Building Information for 1331 North Federal Highway, Unit 1
Stories1Residences2Year Built1956Building Size-Lot Size0.11 AC / 4,750 SF
Property Information for 1331 North Federal Highway, Unit 1
Property History for 1331 North Federal Highway, Unit 1
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1331 North Federal Highway, Unit 1
Taxable ValueLand-Additions-Total-
Tax Record2023$4,558 ($380 / month)
Home Facts
Baths2Total Finished SqFt1,726 SqFtAbove Grade Finished SqFt1,726 SqFtStories1Lot Size4,748 SqFtStyleDuplexYear Built1956Year Renovated1975ZoningMU-FHCountyPALM BEACHAPN38-43-44-15-16-013-0090
Schools near 1331 North Federal Highway, Unit 1
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Grade Elementary School PublicK to 8 | ||
Lake Worth Community Middle School Public6 to 8 | ||
Lake Worth High School Public9 to 12 | ||
G-Star School Of The Arts Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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