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$1,395,000
215 N Federal Hwy Highway
Lake Worth Beach, FL 33460
MLS# RX-10986197
3727 sqft
215 N Federal Hwy Highway, Lake Worth Beach, FL 33460
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215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 There are two driveways in the front of the main house. 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 Driveway #2 is a longer driveway that leads to the carport area. The carport area is currently being used as common areas for the apartment building behind the house. Driveway #2 is a longer driveway that leads to the carport area. The carport area is currently being used as common areas for the apartment building behind the house. Several parking spaces available with long driveway leading to carport. This area is completely fenced/enclosed and is separate from the three apartments in the rear. The main house has a large side yard with a patio and garden area. This area is completely fenced/enclosed and is separate from the three apartments in the rear. 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 Common areas for the apartments are completely fenced and offer shade for guests. There is a large storage room and laundry room in this area which could possibly be converted into another work space or office or possibly another apartment. Common areas for the apartments are completely fenced and offer shade for guests. There is a large storage room and laundry room in this area which could possibly be converted into another work space or office or possibly another apartment. Entrance to laundry/Storage and possible future expansion. Common areas for the apartments are completely fenced and offer shade for guests. There is a large storage room and laundry room in this area which could possibly be converted into another work space or office or possibly another apartment. Common areas for the apartments are completely fenced and offer shade for guests. There is a large storage room and laundry room in this area which could possibly be converted into another work space or office or possibly another apartment. 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Lake Worth Beach "casino complex" includes shops & restaurants, park area for grilling, a fishing pier, guarded beach with beach services (umbrellas & chairs) and plenty of parking. There is no other public beach in Palm Beach County that has all of these amenities! Benny's has two restaurants at the Casino Complex, on is on the fishing pier! See the fishing pier, ocean, and bridge over the intracoastal back to the downtown. The bridge from downtown Lake Worth Beach to the beach. On the north side you have a beautiful public golf course adjacent to the intracoastal. On the south side there is over 1/2 mile of public park (Bryant) which has picknicking areas, boat launch, an amphitheater and plenty of space to walk your pets! The bridge from downtown Lake Worth Beach to the beach. On the north side you have a beautiful public golf course adjacent to the intracoastal. On the south side there is over 1/2 mile of public park (Bryant) which has picknicking areas, boat launch, an amphitheater and plenty of space to walk your pets! The bridge from downtown Lake Worth Beach to the beach. On the north side you have a beautiful public golf course adjacent to the intracoastal. On the south side there is over 1/2 mile of public park (Bryant) which has picknicking areas, boat launch, an amphitheater and plenty of space to walk your pets! The bridge from downtown Lake Worth Beach to the beach. On the north side you have a beautiful public golf course adjacent to the intracoastal. On the south side there is over 1/2 mile of public park (Bryant) which has picknicking areas, boat launch, an amphitheater and plenty of space to walk your pets! Downtown Lake Worth Beach has plenty of shops, restaurants, pubs and a small theater. The downtown is entirely walkable and the bookends on the intracoastal waterfront with a golf course and beautiful public park. It has the feel of old Florida and to some is known as "The Key West of Palm Beach County" Downtown Lake Worth Beach has plenty of shops, restaurants, pubs and a small theater. The downtown is entirely walkable and the bookends on the intracoastal waterfront with a golf course and beautiful public park. It has the feel of old Florida and to some is known as "The Key West of Palm Beach County" Downtown Lake Worth Beach has plenty of shops, restaurants, pubs and a small theater. The downtown is entirely walkable and the bookends on the intracoastal waterfront with a golf course and beautiful public park. It has the feel of old Florida and to some is known as "The Key West of Palm Beach County" Downtown Lake Worth Beach has plenty of shops, restaurants, pubs and a small theater. The downtown is entirely walkable and the bookends on the intracoastal waterfront with a golf course and beautiful public park. It has the feel of old Florida and to some is known as "The Key West of Palm Beach County" Downtown Lake Worth Beach has plenty of shops, restaurants, pubs and a small theater. The downtown is entirely walkable and the bookends on the intracoastal waterfront with a golf course and beautiful public park. It has the feel of old Florida and to some is known as "The Key West of Palm Beach County" Downtown Lake Worth Beach has plenty of shops, restaurants, pubs and a small theater. The downtown is entirely walkable and the bookends on the intracoastal waterfront with a golf course and beautiful public park. It has the feel of old Florida and to some is known as "The Key West of Palm Beach County" Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art! Each year at the end of February the city hosts a street painting festival over the weekend which brings out 10's of thousands to enjoy beautiful weather, food and artists who turn the streets into works of art!

Property Description
Currently high performing short-term cash cow!! This is an opportunity to live and work in a commercially zoned single family home and pay your mortgage with the income from three apts in a separate two story apartment building in the back with a garage and storage. The main house is a large 3BD/1BA with three 2BD/1BA units located in a fully enclosed fenced space out back. This is a turn-key investment property sold fully equipped and furnished. There is a huge fenced outdoor patio and dining area, common area laundry/storage facility, and two driveways. Colorful murals painted by a local artist add to the laid back charm. Great downtown location with plenty of parking! Lake Worth Beach is a beach lovers destination with public amenities including a pier, restaurants, golf,

Details
Maps
Documents
Contract Information
Listing Date: 2024-05-10
Status: Active
Original List Price: 1395000
Auction: No
List Price: $1,395,000
Current Price: $1,395,000
List Price/SqFt: 374.3
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Structure Type: Quadruplex
Total # of Units: 4
Property Condition: Resale
Year Built: 1921
Number of Stories: 2
SqFt - Total: 4237
SqFt - Living: 3727
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 1
Homeowners Assoc: None
Directions: On N Federal Highway two blocks north of downtown Lake Worth Beach - west side of rd.
Subdivision: LAKE WORTH TOWN OF
Lot SqFt: 6504
Lot Dimensions: 50 x 130
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 5610
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 38434421150440130
Street #: 215
Street Dir: N
Street Name: Federal Hwy
Street Suffix: Highway
State/Province: FL
Zip Code: 33460
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: TOWN OF LAKE WORTH LT 13 /LESS E 5 FT SR R/W/ BLK 44
Zoning: MU-E(c
Tax Year: 2023
Taxes: 9793.95
Special Assessment: No
Elementary School: North Grade Elementary School
Middle School: Lake Worth Community Middle
High School: Lake Worth High School
Geo Lat: 26.61826
Geo Lon: -80.052617
Office/Member Info
DXORIGMLNO: RX-10986197
DXORIGMLSID: RML
Unit 1 Info
Full Bath: 1
Furnished: Yes
SqFt: 1363
Monthly Income: 7364
Unit 2 Info
Full Bath: 1
Furnished: Yes
SqFt: 782
Monthly Income: 3683
Unit 3 Info
SqFt: 659
Monthly Income: 3258
Unit 4 Info
SqFt: 659
Monthly Income: 3358
Income & Expenses
Gross Operating Inc: 171127
Annual Total Expense: 33219
Annual Net Oper Inc: 137908
Property Features
Source of Expenses: Owner
Construction: Frame
Waterfront Details: None
View: Garden
Unit 1 Desc: A/C Unit; Built-in Shelves; Kitchen; Microwave; Range - Electric; Patio
Unit 1 Parking: Carport - Attached; Space Parking
Unit 2 Desc: A/C Unit; Built-in Shelves; Kitchen; Microwave; Range - Electric; Range - Gas; Refrigerator; Patio
Unit 2 Parking: Space Parking
Lot Description: East of US-1; < 1/4 Acre
Exterior Features: Auto Sprinkler; Extra Building; Fence; Open Balcony; Open Porch
Subdiv. Amenities: None
Tenant Pays: None
Restrict: None
Flooring: Tile; Vinyl Floor; Wood Floor
Cooling: Ceiling Fan; Wall-Win A/C
Heating: Window/Wall
Roof: Tar/Gravel
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Storm Protection: None
Taxes: No Homestead
Avail Info: Inventory
Possession: At Closing
Supplements
shops, local theater, a beautiful intracoastal park with boat launch, and soon to be an iconic fully restored historic Gulfstream hotel with restaurant (under renovations - reopening in 2025-26). Lake Worth Beach is the Key West of Palm Beach County with eclectic architecture, murals, and walkability few cities in Fl offer. Walk to all of these centrally located amenities from this property just two blocks north of downtown and less than 1 mile to the public beach. The uses for this property are endless and this coastal city is on the rise. Just 10 minutes from Palm Beach International airport, 15 minutes from booming downtown West Palm Beach and 20 minutes to Atlantic Ave in Delray Beach. Purchase part of downtown Lake Worth Beach's history and possibly create your next business in this mixed use commercial district!

Listing Office: Acquire Palm Beach LLC

Last Updated: May - 14 - 2024

215 N Federal Hwy Highway, Lake Worth Beach, FL 33460 - MLS# RX-10986197
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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