$1,687,653
For Sale

215 N Federal Highway

Lake Worth Beach, FL 33460
2949 sqft | #FX-10465624
Browse 50 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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. The property's zoning allows for a mix of commercial and residential uses, offering flexible investmentopportunities and diverse revenue streams. Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean, this property provides both convenience and lifestyle, appealing to tourists and long-term tenants seeking coastal living.

  • Interior Details
      • CoolingElectric
  • Property Details
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • Exterior FeaturesOpen Porch
      • Exterior MaterialsOpen Porch
      • ViewOther
      • Stories2
    • Measurements
      • Square Feet2949
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1921
  • Utilities / Energy Details
      • Utility FeaturesCable Connected
  • Community and Neighborhood Details
      • SubdivisionLake Worth Town
    • Location
      • CountyPalm Beach
      • ZoningMU-E
  • Financial Details
      • Original List Price$1,687,653
      • Taxes Annual$9,794
  • Other
      • MLS #FX-10465624

Location

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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