314 South Federal Highway

Lake Worth Beach, FL 33460

$1,559,498
Price
Beds
2,148 Sq. Ft.
$726 / Sq. Ft.
2,148
Sq. Ft.
$726
per Sq. Ft.

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,...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.
  1. Listed by Les Waites • The Keyes Company • (954) 687-5160
  2. Listed by David Joseph • The Keyes Company

Property Details for 314 South Federal Highway

Subdivision Name
Lake Worth Town
Style
Fourplex
Waterfront
No
LISTING UPDATED: 10/15/2024 09:07 AM

Property Details for 314 South Federal Highway

StatusActive
MLS #F10465626
Days on Market72
Taxes$8,922 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1928
Lot Size-
CountyPalm Beach County

Building Information for 314 South Federal Highway

Stories-Residences-Year Built1928Building Size-Lot Size-

Property Information for 314 South Federal Highway

General Information
General Information
  • Sq Ft Liv Area: 2148.0
  • Information Available: None
  • Township Range: 43
  • Street Number Numeric: 314
  • Street Number: 314
  • Street Direction Prefix: S
  • 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: $8,922
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2023
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Lake Worth Town
  • Type of Property: Fourplex
  • Year Built Numeric: 1928
  • Year Built Description: Resale
  • MLS Area: 5600
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Other Floors, Tile Floors
  • Flooring: Other Floors, Tile Floors
Exterior
  • Construction Type: Concrete Block Construction, Other Construction
  • Pool: No
  • Roof Description: Other Roof
  • Construction: Concrete Block Construction, Other Construction
  • Roof: Other Roof
Waterfront
  • 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: 1
  • Type of Association: None
  • Zoning Information: MU-FH
  • Num Parking Spaces: 0
  • Num Stories: 2
Community Information
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 5600
  • Directions: Take South Federal Hwy North. Property is located on the right just passed 4th Ave S.
  • Geographic Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Parcel Number Free Text: 38434421151070041
  • Section: 21
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Rent Information
Rent Information
  • Rent Includes: None

Property History for 314 South Federal Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 314 South Federal Highway

Taxable ValueLand$253,510Additions$162,533Total$416,043
Tax Record2023$8,922 ($743 / month)
Home Facts
Baths4Total Finished SqFt2,148 SqFtAbove Grade Finished SqFt2,148 SqFtStories2Lot Size10,123 SqFtStyleQuadraplexYear Built1928Year Renovated1980ZoningMU-FHCountyPALM BEACHAPN38-43-44-21-15-107-0041

Schools near 314 South Federal Highway

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
South Grade Elementary School
PublicPK to 5

Lake Worth Community Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Maritime Academy
CharterK to 5

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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314 South 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 $1,559,498. It has been on the market for a total of 72 days and was last sold on December 22, 2018. This listing's school district is Palm Beach. Nearby schools include South Grade Elementary School, Lake Worth Community Middle School and Lake Worth High School. 314 South Federal Highway is a 0-bed, 0-bath, 2,148 sqft multi-family home built in 1928.

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.