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About This Home
This 4-bedroom, 4-bathroom multi-family at 1625 S Federal Hwy in Lake Worth, FL is listed for $945,000 ($523 per sqft). Built in 1950, the home offers 1,806 sqft of living space on a N/A lot.
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 City’s 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.
Key Features
- Built in 1950
- 6 parking spaces
Property Details
Monthly Cost Estimate
$5,054/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1625 S Federal Hwy
Lake Worth, FL 33460
Blackwell Park Rev Pl
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 1625 S Federal Hwy is listed at $945,000 ($523/sqft). The estimated monthly payment is $4,095 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 6 parking spaces. Exterior Features: Security/High Impact Doors.
This property is listed by Daniel Echague and can be reached at 3052839594 or daniel@esgrealestate.com.
