Bought with MLR Realty Inc
$1,174,700
$1,295,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
131 S Federal HWY 1 Lake Worth Beach, FL 33460
5 Baths
3,112 SqFt
Key Details
Sold Price $1,174,700
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,112 sqft
Price per Sqft $377
Subdivision Lake Worth Town Of
MLS Listing ID RX-10739778
Sold Date 10/12/21
Construction Status Resale
Abv Grd Liv Area 16
Year Built 1924
Annual Tax Amount $8,154
Tax Year 2020
Lot Size 0.310 Acres
Property Description
Prime investment opportunity. Mixed Use Zoning! (5) Units: (1) 3 Bedroom Main House with (4) 1 bedroom 1 bathroom units along with a garage for storage and laundry room. All units have been fully refurbished with chic New York interior style. Large parking lot. 13,520 SQFT corner lot. So much potential the upside is off the chart. Only 1 block to Downtown Lake Worth Beach you can walk or bike to restaurants, shops, intracoastal, and beaches. This property is perfect for annual rental or vacation/short-term rental/ Airbnb. There is not another property like this one. Call listing agent today for more information!
Location
State FL
County Palm Beach
Area 5610
Zoning MU-E- Mixed Use
Interior
Heating Central, Window/Wall
Cooling Ceiling Fan, Wall-Win A/C, Central
Flooring Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable, Public Sewer, Water Available, Electric
Waterfront No
Roof Type Built-Up,Metal,Comp Rolled
Building
Story 99.00
Foundation Block, Stucco, Frame, Concrete, CBS
Construction Status Resale
Others
Security Features TV Camera
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less
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