Back to search
1001 S FEDERAL Highway Lake Worth Beach, FL $ 1,940,000
Share Save
$ 1,940,000 Get more info
1001 S FEDERAL Highway
$ 1,940,000
Back to search
Recently Listed
Share Save

1001 S FEDERAL Highway

Lake Worth Beach, FL
$ 1,940,000
Bedrooms-- Baths-- Sq 3,762

Monthly Estimate*

$ 12,249

1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 1
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 2
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 3
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 4
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 5
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 6
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 7
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 8
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 9
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 10
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 11
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 12
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 13
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 14
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 15
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 16
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 17
1001 S FEDERAL Highway, Lake Worth Beach, FL - Image 18
View a Virtual Tour
Commercial Property for sale in Lake Worth Beach, FL for $1,940,000. This 3,762 square foot building was built in 1958 on a lot size of 0.31.

Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.

See more
Commercial Active

Price

$ 1,940,000

Property Type

Commercial

Taxes

$ 24,018

Style

Lot Size

0.31

Year Built

1958

Town/City

Lake Worth Beach

County/Region

Palm Beach

MLS | Web ID

B26053945
Features
General
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Tile
Security Features None
Construction Materials Block
Year Built 1958
Electric Separate Meters
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2025
Gross Income 199874
Accessibility None
County Palm Beach
Net Operating Income 121100
Insurance Expense 11542
Property Type Commercial Sale
Status Active
Directions Use Navigation
City Lake Worth Beach
Number Of Units Total 8
MLS Area 5610
Tax Annual Amount 24018.37
Virtual Tour https://www.propertypanorama.com/1001-S-FEDERAL-Highway-Lake-Worth-Beach-FL/unbranded
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description ADD 1 TO TOWN OF LAKE WORTH LTS 9 & 10 BLK 39
See more
Interior
Flooring Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Lot Features Other 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 3
Lot Size Area 13500
Number of Buildings 2
Building Area Total 3762
Lot Size Acres 0.31
See more
* Excluded Features
List By
Camilo De la Cruz Perez

Listing Agent

Affordability Calculator

$14,251
Per Month
86%
14%
0%
Monthly Principal & Interest
$12,249
Monthly Property Taxes
$2,002
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/18/2026$1,940,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1001 S FEDERAL Highway, Lake Worth Beach, FL, is a Commercial Property for sale at $1,940,000 with 3,762 sqft and a lot size of 0.31. 1001 S FEDERAL Highway was built in 1958. The property's zip code is which is in Lake Worth Beach, FL

Get more info