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314 S Federal Highway 1Lake Worth Beach, FL 33460

For Sale

$1,559,498

Smart Buyer Rebate $15,595

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-11009172

Listing Facts

  • TypeMulti-family
  • NeighborhoodBryant Park
  • Days on Prevu404
  • Taxes$8,922/year
  • Size2,148 sqft
  • Price per sqft$726

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/01/2024
Listed by The Keyes Company
$1,559,498

Property Details for 314 S 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: 1928
  • Year Built Details: Resale
  • Construction Materials: Block, Other
  • Exterior Features: Patio

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 2,281
  • Lot Features: Less Than Quarter Acre
  • Lot Size Area: 10,123
  • Lot Size Dimensions: 14
  • Lot Size Square Feet: 10,123
  • Lot Size Units: SquareFeet

Financial

Residential Income

  • Operating Expense: $37,177.00

Taxes

  • Parcel Number: 38434421151070041
  • Tax Annual Amount: $8,922.00
  • Tax Year: 2023

Interior

Features

  • Flooring: Other

Measurements

  • Living Area: 2,148

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

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.