About This Property

Federal Flats in Lake Worth Beach is a renovated 5-unit multifamily property featuring three studio apartments, one 1-bedroom/1-bathroom unit, and one spacious 3-bedroom/1-bathroom unit. The property is currently generating $9,150 in gross monthly rental income, with one studio vacant and additional income available upon lease-up. Conveniently located near downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, Federal Flats offers immediate cash flow with further upside through stabilization and future rent growth.

Key Features

• 13,520 sq ft Lot
• Built in 1924

Property Details

• Type: Single Family Home
• Year Built: 1924
• Lot Size: 13,520 sq ft
• Sq Ft: 3,112
• Price / Sq Ft: $458
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 13,520 sq ft Lot
• Feature: Built in 1924
• Status: Active
• MLS Number: 1177346997
• Days on Market: 103
• Listed By: Home Sold Realty LLC · Camilo De la Cruz Perez
• Zip Code: 33460