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$323,550
1501 N Federal Highway
Lake Worth Beach, FL 33460
MLS# R10193102
Status: Closed
3988 sqft


1501 N Federal Hwy front photo
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1501 N Federal Hwy front photo 1501 N Federal front photo 2 1501 N Federal Hwy front photo 3 1501 Kitchen 1501 Kitchen 2 1501 Kitchen 3 1501 living room 1501 Bedroom 1 1501 Bedroom 2 1501 bathroom

Property Description
Great rental history for this CBS four unit apartment building in North Lake Worth! Four units consisting of two bedrooms/one bath for each unit. Current tenants on a month-to-month basis. Updated electric panels. Building has a transferable termite bond. Lower units feature ceramic tile floors, the upper units have vinyl floor and carpet. Great location in North Lake Worth, just minutes from downtown Lake Worth and Lake Worth Beach.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2015-12-21
Status: Closed
Original List Price: 349000
Sold Price: $323,550
Current Price: $323,550
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Street Number: 1501
Street Direction Prefix: N
Street Name: Federal
Street Suffix: Highway
State Or Province: FL
Postal Code: 33460
Subdivision Name: NORTH LAKE WORTH
Area: 5600
Parcel Number: 38434415160150160
Zoning: MU-FH
Directions: From I-95 take 10th Avenue N exit, go East to Federal Hwy, take a left going North, property is on the left side.
General Property Information
Number Of Units Total: 4
Living Area Main: 3524
Lot Size Dimensions: .109 acres
Lot Size Area: 4750
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3988
Building Area Source: Public Records
Year Built: 1957
Lot Size Acres: 0.11
Office/Member Information
DXORIGMLSID: RML
Association Amenities
None: 1
Exterior Features
Awning(s): 1
Flooring
Carpet: 1
Ceramic Tile: 1
Vinyl: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Other: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
City: 1
Garden: 1
Heating
None: 1
Water Access
None: 1
Window Features
Sliding: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 13709
Gross Income: 37200
Net Operating Income: 23491
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Occupied: 1
Schedule Online: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Lake Worth Drain District: 1
Contingencies
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 700
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 881
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 881
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 881
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 800
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 881
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 91.81
Original List Price To Close Price: 1.07
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 6350.7
Tax Year: 2015
Tax Legal Description: NORTH LAKE WORTH LT 16 BLK 15
Status Change Information
Major Change Timestamp: 2016-03-16T19:12:47Z
Major Change Type: Status Change
Status Change Date: 2016-03-16
Under Contract Date: 2015-12-29
Close Date: 2016-03-15
Close Price: 323550
Originating Details
Originating System Key: 20151221190645079949000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Other
Exterior Features: Awning(s)
Flooring: Carpet; Ceramic Tile; Vinyl
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: None
Listing Terms: Cash; Conventional
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County; Lake Worth Drain District
Utilities: Electricity Available; Sewer Available; Water Available
View: Garden
Water Access: None
Water Source: Public
Window Features: Sliding
Showing Requirements: Occupied; Schedule Online
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Open Parking
Unit 4 Rooms: Kitchen
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot

IDX
Listing Office: Coastline Realty, Inc.

Last Updated: August - 06 - 2026

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