1625 S Federal Hwy, Lake Worth, FL

$945,000

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1,806

Square feet

About 1625 S Federal Hwy

Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.

Features of 1625 S Federal Hwy

MLS® # A11975247
USD $945,000
CAD $1,302,144
CNY 元6,340,194
EUR €812,353
GBP £697,793
RUB ₽80,907,498
Bathrooms 0.00
Square Footage 1,806
Year Built 1950
Type Income
Sub-Type Quadruplex
Style Fourplex
Status Active

Community Information

Address 1625 S Federal Hwy
Area 5610
Subdivision BLACKWELL PARK REV PL
City Lake Worth
County Palm Beach
State FL
Zip Code 33460-5896

Amenities

Utilities Cable Not Available
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Interior Tile, Vinyl
Heating None
Cooling Wall/Window Unit(s)
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Security/High Impact Doors
Roof Composition
Construction Block

Listing Details

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