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$1,940,000
52 Days On Site
1001 S FEDERAL HighwayLake Worth Beach, FL 5138
For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,762
SqFt
$516
/SqFt
1958
Built
County:
Palm Beach
Call Now: 1-561-540-8122
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1-561-540-8122
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Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.
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Listing Snapshot
Price
$1,940,000
Days On Site
52 Days
Bedrooms
N/A
Inside Area (SqFt)
3,762 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.31 Acres
Year Built
1958
MLS® Number
B26053945
Status
Active
Property Tax
$24,018.37
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
Recent Activity
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
General Features
Acres
0.31
Number Of Stories
1
Parking Spaces
3
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3762
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
MU-FH (city)
Interior Features
Cooling
Other
Flooring
Wood
Heating
Other
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Exterior Features
Construction Details
Block
Lot Features
Other
Roof
Tile
Community Features
MLS Area
5610
Financing Terms Available
CashConventional
Listing courtesy of Home Sold Realty LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-09-09 01:46 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-09-09 01:46 PM UTC
Neighborhood & Commute
Source: Walkscore
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JUST CLICK: START AN OFFER
OR CALL REAL ESTATE BROKER
ALICE LONNQVIST
PHONE: 1-561-540-8122
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