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215 N Federal Highway 1Lake Worth Beach, FL 33460

For Sale

$1,687,653

Smart Buyer Rebate $16,877

Property highlightsthis exceptional multi family portfolio in lake worth florida comprises eight 8 strategically located buildings offering a total of twenty eight 28 units each property features unique architectural styles and modern amenities ensuring a diverse and appealing selection for tenants the portfolio includes a mix of unit sizes and configurations catering to various tenant needs and maximizing rental potential with a solid average cap rate of 8 26 these properties promise a robust return on investment situated in a vibrant and growing community this portfolio presents a rare opportunity to acquire income generating assets in a highly desirable area

Listed by David Joseph

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License #3239461

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The Keyes Company

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15617897726

Listed by Les Waites

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License #3087729

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The Keyes Company

Last updated September 30, 2024

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Source: BeachesMLS #RX-11009154

Listing Facts

  • TypeMulti-family
  • NeighborhoodMango Groves
  • Days on Prevu499
  • Taxes$9,794/year
  • Size2,814 sqft
  • Price per sqft$600

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/01/2024
Listed by The Keyes Company
$1,687,653

Property Details for 215 N Federal Highway 1

Association

Amenities

  • Community Features: Non Gated

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Resale
  • Roof: Other
  • Stories: 2
  • Year Built: 1921
  • Year Built Details: Resale
  • Construction Materials: Block, Other
  • Exterior Features: Patio

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 4,237
  • Lot Features: Less Than Quarter Acre
  • Lot Size Area: 6,504
  • Lot Size Dimensions: 14
  • Lot Size Square Feet: 6,504
  • Lot Size Units: SquareFeet

Financial

Residential Income

  • Operating Expense: $40,137.00

Taxes

  • Parcel Number: 38434421150440130
  • Tax Annual Amount: $9,794.00
  • Tax Year: 2023

Interior

Features

  • Flooring: Other

Measurements

  • Living Area: 2,814

Other

Location

  • Subdivision Name: LAKE WORTH TOWN OF

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 215 N Federal Highway 1.

What are the annual taxes for 215 N Federal Highway 1?

Annual taxes for this multi-family home are estimated at $9,794.

How does 215 N Federal Highway 1 compare to other multi-family homes in Mango Groves?

This multi-family home is listed 45% above the average price for multi-family homes in Mango Groves and has been on the market for 393 more days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the LAKE WORTH TOWN OF building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,814 sqft.

215 N Federal Highway 1 is a -bedroom multi-family home for sale in Lake Worth Beach FL 33460. On Prevu for 499 days at $1,687,653. This home features 2,814 square feet of living space, located in Mango Groves. The median listing price for multi-family homes in this area is $465,000. Property amenities include private outdoor space and pets allowed. Explore more multi-family home listings in Lake Worth.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.