131 South Federal Highway
131 South Federal Highway
$1,270,000
—
2,807
2,807
$452
Closed 8/11/23
Description
Welcome to this charming and enchanting 5 unit property, nestled near the heart of trendy downtown Lake Worth. With its timeless appeal and old Florida charm, this hidden gem offers an incredible investment opportunity. All units have been recently and tastefully updated inside with tenants in place. This property would also make an incredible AirBnB/Short term rental property as well as downtown Lake Worth is 1 block away and you can walk or bike to restaurants, intracoastal and the beach! The property...Welcome to this charming and enchanting 5 unit property, nestled near the heart of trendy downtown Lake Worth. With its timeless appeal and old Florida charm, this hidden gem offers an incredible investment opportunity. All units have been recently and tastefully updated inside with tenants in place. This property would also make an incredible AirBnB/Short term rental property as well as downtown Lake Worth is 1 block away and you can walk or bike to restaurants, intracoastal and the beach! The property is also zoned for Mixed use meaning the possibilities with this property are limitless. Situated on a large corner .31 acre lot offering off street parking for all tenants and a garage for storage. This one would make in incredible addition to anyone's investment portfolio!
- Listed by Ryan Michael Poole • BitRealty
Property Details for 131 South Federal Highway
Subdivision
Town of Lake Worth
WaterfrontNo
Waterfront DetailsNone
ViewGarden
StyleNo Pool/No Water
Location
LISTING UPDATED: 08/14/2023 08:24 AM
Property Details for 131 South Federal Highway
Status | Closed |
---|---|
MLS # | RX-10889844 |
Days on Market | 30 |
Taxes | $8,918 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quad Plex |
Year Built | 1924 |
Lot Size | - |
County | Palm Beach County |
Location
Building Information for 131 South Federal Highway
Stories1Residences5Year Built1924Building Size-Lot Size-
Payment Calculator
$7,674 per month
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Property Information for 131 South Federal Highway
Property History for 131 South Federal Highway
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.
Schools near 131 South Federal Highway
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 12 | |||
Public - | 6 to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
South Grade Elementary School PublicPK to 5 | ||
Lake Worth High School PublicPK to 12 | ||
Lake Worth Community Middle School Public6 to 8 | ||
Palm Beach Maritime Academy CharterK to 8 |
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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