215 N Federal Highway, Lake Worth Beach, FL 33460

1921

YEAR BUILT

$1,495,000

LISTING PRICE

Office

TYPE

MLS#: RX-10950721

Type of Building: Free Standing, Office Space, Office/Professional and Office/Retail


For More Information Call:

561-283-4663

Rare opportunity to live and work in a commercially zoned single family home and pay your mortgage with the income from three units in the back building! The main house is a large 3BD/1BA with three 2BD/1BA units located in the rear two-story building. This is a turn-key investment property sold fully equipped and furnished. There is a huge fenced outdoor patio and dining area, common area laundry/storage facility, and two driveways. Colorful murals painted by a local artist add to the laid back charm. Great downtown location with plenty of parking! Lake Worth Beach is a beach lovers destination with public amenities including a pier, restaurants, parking, and many beach services. Close to everything including PBI airport and West Palm Beach. This is a must see!


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This listing is courtesy of Acquire Palm Beach LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Acres0.15 acres
  • Available DocumentsDeed Restrictions and Survey
  • Available InformationOwner managed
  • Building Info: Miles to Beach1 miles
  • Building Info: Number of Offices1
  • Built DescriptionResale
  • CityLake Worth Beach
  • ConstructionCBS and Frame
  • CoolingWall-Win A/C
  • CountyPalm Beach
  • DirectionsFrom I95 take 10th Ave N exit east to Federal Highway and turn right. Property is on the right.
  • Fire ProtectionSmoke Detector
  • FlooringTile and Wood Floor
  • For LeaseNo
  • For SaleYes
  • HeatingWindow/Wall
  • LeaseNone
  • Legal DescriptionTOWN OF LAKE WORTH LT 13 /LESS E 5 FT SR R/W/ BLK 44
  • List Price$1,495,000
  • List Price/SqFt$531.27 / sqft
  • Listing DateTuesday, January 16th, 2024
  • Listing IDRX-10950721
  • Listing Price$1,495,000
  • Listing StatusActive
  • LocationBeach Area, Central Business Dst and Investment
  • Miscellaneous 1Fenced, Landscaped, Laundry and Sprinkler Water
  • Monetary Info: Gross Operating Income$144,000
  • Monetary Info: Net Operating Income$115,200
  • Monetary Info: Source of ExpensesOwner
  • Monetary Info: Total Expenses$28,800
  • Multiple Offers AcceptedYes
  • Number of Meters4
  • Number of Stories2
  • Number of Toilets4
  • Percent Air Conditioned100%
  • PossessionAt Closing
  • Property DescriptionQuadplex
  • Property TypeCommercial
  • Real Estate Taxes$9,793.95
  • RoofComp Shingle
  • Sale IncludesBuilding and Land, Equipment, Fixtures and Furniture
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateTuesday, January 16th, 2024
  • Street NameFederal
  • SubdivisionLake Worth Beach
  • Tax Year2023
  • Tenant PaysNone
  • Terms ConsideredCash and Conventional
  • Total Building SqFt2,814 sqft
  • Total Units in Building4
  • TypeOffice
  • Type of BuildingFree Standing, Office Space, Office/Professional and Office/Retail
  • Unit 1Furnished
  • Unit 1: Full Baths1
  • Unit 1: Rent PeriodMonth
  • Unit 1: Seasonal Rent$3,600
  • Unit 1: Unit Description3 Bedroom
  • Unit 2Furnished
  • Unit 2: Full Baths1
  • Unit 2: Rent PeriodMonth
  • Unit 2: Seasonal Rent$2,800
  • Unit 2: Unit Description2 Bedroom
  • Unit 3Furnished
  • Unit 3: Full Baths1
  • Unit 3: Rent PeriodMonth
  • Unit 3: Seasonal Rent$2,800
  • Unit 3: Unit Description2 Bedroom
  • Unit 4Furnished
  • Unit 4: Full Baths2
  • Unit 4: Rent PeriodMonth
  • Unit 4: Seasonal Rent$2,800
  • Unit 4: Unit Description2 Bedroom
  • Unit Number1
  • UtilitiesCable, Electric, Gas Natural, Public Sewer and Public Water
  • Virtual TourYes
  • WaterfrontNo
  • Year Built1921
  • Zip Code33460
  • ZoningMU-E Mixed Use

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