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215 N Federal Hwy

Lake Worth Beach, FL 33460

– beds
– baths
2,949 sqft
$572 per sqft
1921 build
– on site

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.

Listing courtesy of GFLR / The Keyes Company

Last checked: Checking… • Last updated Nov 4, 2024 •

MLS# F10465624 —

The Building

Year Built:

1921
Year Built Description:

Resale
Construction Type:

Concrete Block Construction, Other Construction
Style:

Fourplex
Roof Description:

Other Roof
Exterior Features:

Open Porch, Patio
Unit Count:

2
# of Stories:

2

Interior

Floor Description:

Other Floors

Room Dimensions

SqFt Living Room Area:

2,949 Sqft

Financial & Terms

Terms Considered:

Cash, Conventional

Location

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.

The Property

Type of Property:

Fourplex
Property Type:

Residential Income
Property Type Information:

Attached, Detached
Parcel Number:

38434421150440130
Lot Description:

Less Than 1/4 Acre Lot
Zoning:

MU-E
Geographic Area:

Palm Beach 5600; 5610; 5620; 5630; 5640
Waterfront Property:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Amount:

$9,794
Tax Information:

Tax Reflects No Exemptions

The Listing

Virtual Tour
Information Available:

None
Auction:

No

Heating & Cooling

Cooling Description:

Electric Cooling
Heating Description:

Electric Heat

Utilities

Sewer Description:

Other Sewer
Internet:

Yes
Cable Available:

Yes
Separate Meter:

No

The Community

Subdivision Name:

Lake Worth Town
Subdivision Complex Bldg:

Lake Worth Town
Gated Community:

No
Water Access:

None
Pool:

No

Parking

# Parking Spaces:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
10/10/24 Oct 10, 2024	Listed / Active	GFLR	$1,687,653
8/2/24 Aug 2, 2024	Listed / Active	BMLS
5/10/24 May 10, 2024	Listed / Active	BMLS

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This multifamily located in Parrot Cove, Lake Worth Beach, FL 33460 is currently for sale for $1,687,653. 215 N Federal Hwy is a 2,949 square foot multifamily with – beds and – baths that has been on Estately for 45 days. 215 N Federal Hwy is in the Parrot Cove neighborhood of Lake Worth Beach and has a WalkScore® of 90, making it a walker’s paradise.

Listing Courtesy of: GFLR and The Keyes Company.

Based on information from the GFLR 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. GFLR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GFLR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.