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.
| MLS # | B26053891 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 105 |
| Listing Provided By | Home Sold Realty LLC | Camilo De la Cruz Perez |
| SQ Feet | 3,112 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | MU-E (city) |
| Acreage | 0.31 |
| Lot Features | Quarter To Half Acre Lot |
|---|
| Tax Annual Amount | 19428.05 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5610 |
| Subarea | PB16 |
| Community Name | LAKE WORTH TOWN OF |
| Listing VS Median (in LAKE WORTH TOWN OF) | |
Price: $1,425,000 low | high Med: $3,775 sqft: 3,112 low | high Med: 943 $ / sqft: $458 low | high Med: $4 On site: 105 low | high Med: 80 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5610 |
| Subarea | PB16 |
| Community Name | LAKE WORTH TOWN OF |
| Listing VS Median (in LAKE WORTH TOWN OF) | |
Price: $1,425,000 low | high Med: $3,775 sqft: 3,112 low | high Med: 943 $ / sqft: $458 low | high Med: $4 On site: 105 low | high Med: 80 | |
![]() | $1,425,000301 S M StreetLake Worth Beach, FL 33460 |