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$245,000
1020 N Federal Highway
Lake Worth Beach, FL 33460
MLS# R10097560
Status: Closed
2420 sqft


Building Front and Vacant Lot
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Building Front and Vacant Lot

Property Description
Quadplex on 50' x 135' plus an adjacent 50' x 135' lot on the right. 2 story building containing four 1 BR /1 Bath units. (.31 Ac. total) (TOWN OF LAKE WORTH LOTS 4 & 5 BLK 300). Ample parking in rear paved lot. Paved driveway on the left. Each apartment has 2 entrances (front through hall, and rear from parking area). Market rent is $650 a month for each apartment. 5 electric meters, 5 gas meters, 1 water meter. Pictures are representative of recent apartment condition prior to tenant move ins.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2014-12-22
Status: Closed
Original List Price: 249000
Sold Price: $245,000
Current Price: $245,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Special Assessment YN: No
Street Number: 1020
Street Direction Prefix: N
Street Name: Federal
Street Suffix: Highway
State Or Province: FL
Postal Code: 33460
Subdivision Name: LAKE WORTH TOWN OF IN PB 2 PGS 29 TO 40 INC
Area: 5600
Parcel Number: 38434421153000040
Zoning: MU-FH - Mixed U
Directions: take Federal Highway to between 10th Avenue North and 11th Avenue North. Property is on the east side.
General Property Information
Number Of Units Total: 4
Living Area Main: 2372
Lot Size Dimensions: 100.0 ft x 135.0 ft
Lot Size Area: 13500
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2420
Building Area Source: Public Records
Year Built: 1925
Lot Size Acres: 0.31
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2015-03-20T00:03:21Z
Major Change Type: Status Change
Status Change Date: 2015-03-19
Under Contract Date: 2015-01-17
Close Date: 2015-03-19
Close Price: 245000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Wood: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Deposit - Security: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Other: 1
Heating
None: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Window Features
Blinds: 1
Double Hung Metal: 1
Construction Materials
Frame: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Many Trees: 1
Sidewalks: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 30000
Source Of Expenses
Pro Forma: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
No Homestead: 1
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Contingencies
Financing: 1
Inspection: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 550
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 593
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 650
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 593
Unit 2 Lease Description
Lease Expiration: 2015-06-22
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Rooms
Foyer: 1
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 650
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 593
Unit 3 Lease Description
Lease Expiration: 2015-12-15
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 3 Rooms
Foyer: 1
Kitchen: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 593
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Unit 4 Rooms
Foyer: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 103.28
Original List Price To Close Price: 1.01
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 5950.13
Tax Year: 2014
Tax Legal Description: TOWN OF LAKE WORTH LOTS 4 & 5 BLK 300
Originating Details
Originating System Key: 20141219191927969171000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s); Deposit - Security
Electric: Three Phase
Flooring: Tile; Wood
Tenant Pays: Cable TV; Electricity; Gas
Source Of Expenses: Pro Forma
Construction Materials: Frame; Stucco
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash; Conventional
Lot Features: Many Trees; Sidewalks
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: City/County; No Homestead
Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available
View: Garden; Other
Water Access: None
Water Source: Public
Window Features: Blinds; Double Hung Metal
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Foyer; Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking; Parking Space
Unit 3 Rooms: Foyer; Kitchen
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Open Parking; Parking Space
Unit 4 Rooms: Foyer; Kitchen
Contingencies: Financing; Inspection
Acreage Description: 1/4 To Less Than 1/2 Acre Lot

IDX
Listing Office: Realty Associates Florida Prop

Last Updated: August - 06 - 2026

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