215 North Federal Highway

Lake Worth Beach, FL 33460

$1,687,653
Price
Beds
2,949 Sq. Ft.
$572 / Sq. Ft.
2,949
Sq. Ft.
$572
per Sq. Ft.

Description

Incredible investment opportunity! Currently projected at $185k in annual gross revenue! This property offers excellent visibility and accessibility, making it a prime location for attracting tenants and customers alike. The main house features 4 bedrooms and 1 bathroom, complete with a private yard and deck, creating a comfortable living space. In addition, the rear building includes three 2-bedroom, 1-bath apartments, with parking conveniently available through a nearby church lot. This property...Incredible investment opportunity! Currently projected at $185k in annual gross revenue! This property offers excellent visibility and accessibility, making it a prime location for attracting tenants and customers alike. The main house features 4 bedrooms and 1 bathroom, complete with a private yard and deck, creating a comfortable living space. In addition, the rear building includes three 2-bedroom, 1-bath apartments, with parking conveniently available through a nearby church lot. This property is perfect for buyers who want to reside in the main house while leasing the rear units for annual rentals or Airbnb. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting.
  1. Listed by Les Waites • The Keyes Company • (954) 687-5160
  2. Listed by David Joseph • The Keyes Company

Property Details for 215 North Federal Highway

Subdivision Name
Lake Worth Town
Style
Fourplex
Waterfront
No
LISTING UPDATED: 10/15/2024 09:06 AM

Property Details for 215 North Federal Highway

StatusActive
MLS #F10465624
Days on Market46
Taxes$9,794 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1921
Lot Size-
CountyPalm Beach County

Building

Town Of Lake Worth

2 StoriesBuilt in 1921

Building Information for 215 North Federal Highway

Stories2Residences-Year Built1921Building Size-Lot Size-

Property Information for 215 North Federal Highway

General Information
General Information
  • Sq Ft Liv Area: 2949.0
  • Information Available: None
  • Township Range: 43
  • Street Number Numeric: 215
  • Street Number: 215
  • Street Direction Prefix: N
  • Street Name: Federal Hwy
  • County Or Parish: Palm Beach County
  • Postal Code: 33460
  • City and Location Text: Lake Worth Beach
  • Pets On Premises YN: No
  • City Postal ID: 33460
Maintenance / Tax Information
  • Tax Amount: $9,794
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2023
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached, Detached
  • Subdivision Complex Bldg: Lake Worth Town
  • Type of Property: Fourplex
  • Year Built Numeric: 1921
  • Year Built Description: Resale
  • MLS Area: 5600
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Other Floors
  • Flooring: Other Floors
Exterior
  • Exterior Features: Open Porch, Patio
  • Construction Type: Concrete Block Construction, Other Construction
  • Pool: No
  • Roof Description: Other Roof
  • Construction: Concrete Block Construction, Other Construction
  • Roof: Other Roof
Waterfront
  • Water Access: None
  • Water Description: Other
Utilities
  • Cooling Description: Electric Cooling
  • Heating Description: Electric Heat
  • Cable Available: Yes
  • Separate Meter: No
  • Sewer Description: Other Sewer
Property / Lot Information
Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: MU-E
  • Num Parking Spaces: 4
  • Num Stories: 2
Community Information
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 5600
  • Directions: From US1 North/South: Head East on Lake Ave, make left onto N Federal Hwy. Property is located on the left hand side just passed 2nd Ave N. Additional parking and access located in the rear.
  • Geographic Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Parcel Number Free Text: 38434421150440130
  • Section: 21
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Rent Information
Rent Information
  • Rent Includes: None

Property History for 215 North Federal Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 215 North Federal Highway

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

Palm Beach Preparatory Charter Academy
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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215 North Federal Highway is a multi-family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on October 10, 2024 by The Keyes Company, it's currently listed at $1,687,653. It has been on the market for a total of 46 days and was last sold on September 15, 2023. This listing's school district is Palm Beach. Nearby schools include North Grade Elementary School, Lake Worth Community Middle School and Lake Worth High School. 215 North Federal Highway is a 0-bed, 0-bath, 2,949 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.