131 S FEDERAL Highway Lake Worth Beach, FL $ 1,500,000
131 S FEDERAL Highway
$ 1,500,000
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131 S FEDERAL Highway

Lake Worth Beach, FL, 33460
$ 1,500,000
Baths0.0 Sq 3,112

Monthly Estimate*

$ 9,471

131 S FEDERAL Highway, Lake Worth Beach, FL 33460 - Image 1
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Studio Multi-Family Home for sale in Lake Worth Beach, FL for $1,500,000. This 3,112 square foot home was built in 1924 on a lot size of 0.31.

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.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,428

Style

Lot Size

0.31

Year Built

1924

Town/City

Lake Worth Beach

County/Region

Palm Beach

MLS | Web ID

B26053891

Features
General
Membership Description No Membership Available
Sewer Public Sewer
Heating Central
Cooling None
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Construction Materials Frame
Pets Allowed No Pet Restrictions Yes
Year Built 1924
Tenant Pays Cable TV Electricity
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
Gross Income 137875
Waterfront Features None
Accessibility None
County Palm Beach
Net Operating Income 88466
New Construction false
Property Type Residential Income
Subdivision Name LAKE WORTH TOWN OF
Other Structures Other
Status Active
Directions Use Navigation
High School Lake Worth
City Lake Worth Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5610
Elementary School South Grade
Tax Annual Amount 19428.05
Middle/Junior High School Lake Worth
Property Condition Resale Updated/Remodeled
Virtual Tour https://www.propertypanorama.com/131-S-FEDERAL-Highway-Lake-Worth-Beach-FL-33460/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
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Interior
Flooring Wood
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds
Total Baths 0
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Exterior
Exterior Amenities None
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 4
Lot Size Area 13520
Spa false
Building Area Total 3112
Lot Size Acres 0.31
Road Surface Type Asphalt
Waterfront Y/N false
Other Equipment None
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Camilo De la Cruz Perez

Listing Agent

Affordability Calculator

$11,090
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$1,619
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4270239 Elementary School
0 Middle School
Lake Worth High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2026$1,500,000 Listed Price

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131 S FEDERAL Highway, Lake Worth Beach, FL, 33460 is a Multi-Family Home for sale at $1,500,000 with 3,112 sqft and a lot size of 0.31. 131 S FEDERAL Highway is a studio with 0.0 baths and was built in 1924. The property's zip code is 33460 which is in Lake Worth Beach, FL