BEDS0
BATHS
SQUARE FEET1,806
MLS#A11975247
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBLACKWELL PARK REV PL
Property Description
Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the Citys Future Land Use Map, permitting up to 45 maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Home Style: Detached
Roof Type: Composition Roll
Stories: 1.0
Taxes: $13,486
Year Built: 1950
Feature Descriptions
Crops Included Y/N: No
Days on Site: 31
Exterior: CBS Construction
Flooring: Tile, Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Cash
Lot: Less Than 1/4 Acre Lot
Parcel#: 38434434040000140
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 4
Water: Municipal Water
Listed By / Shown By
Listed By
Agency Name: Elite Sales Group
Agency Phone: 305-554-1544
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 6,429.15 per month $5,029.69 Principal & Interest $1,123.83 Property Tax $275.63 Homeowner's Insurance
1625 S Federal Hwy | MLS# A11975247
This multi-family property located at 1625 S Federal Hwy, Lake Worth, FL 33460 is currently listed for sale with an asking price of $945,000. Search Lake Worth real estate on www.adamscameroncommercial.com today.