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    311 N Federal Highway

    Lake Worth Beach, FL 33460
    • $1,395,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: RX-10712251
    New On Site 6 Days Ago
    UPDATED: 33 min ago
    $1,395,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,979
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1911
    County:

    School Ratings & Info

    Description

    9 unit multifamily building grossing $126,000 yearly directly on Federal Hwy. only a couple blocks to the heart of Downtown Lake Worth and Beaches. Recently all units have been updated with 6 month leases in place. The roof is fresh only 2.5 years old. Included in sale is a separate property across alley with 5 additional parking places. New Impact windows have been ordered and estimated installation end of June. This one will not last long!

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    www.bettersouthfloridahomes.com/homes/116623623
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    311 N Federal Highway Lake Worth Beach, FL 33460

    • Price: $1,395,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: RX-10712251
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,979
    SQFT
    $233
    $/SQFT
    1911
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    9 unit multifamily building grossing $126,000 yearly directly on Federal Hwy. only a couple blocks to the heart of Downtown Lake Worth and Beaches. Recently all units have been updated with 6 month leases in place. The roof is fresh only 2.5 years old. Included in sale is a separate property across alley with 5 additional parking places. New Impact windows have been ordered and estimated installation end of June. This one will not last long!
    Exterior Features

    Construction Vinyl Siding Roof Comp Shingle Waterfront YN No

    Interior Features

    Bath Toilets 9.00 Ceiling Sheet Rock Cooling Wall-Win A/C Flooring LaminateTile Heating Window/Wall Percent Air Conditioned 99.00 Unit1 Full Baths 1 Unit1 Unit Desc 1 Bedroom Unit2 Unit Desc 1 Bedroom Unit3 Unit Desc 1 Bedroom Unit4 Unit Desc 1 Bedroom Unit5 Unit Desc 1 Bedroom Unit6 Unit Desc 1 Bedroom Unit7 Unit Desc 1 Bedroom Unit8 Unit Desc 1 Bedroom

    Property Features

    Available Docs Occupational License Available Info Photos Built Desc Resale Fire Protection Smoke Detector For Lease No For Sale Yes Lease Annual List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Beach AreaCentral Business DstCity Meters 9.00 Monetary Info Gross Oper Income 126000.00 Possession At Closing Sale Includes Building And Land Tax Amount Real Estate Taxes 9601.19 Tax Year 2020 Tenant Pays CableElectric Tenants 9 Terms Considered CashConventional Type Of Building Resident. Multi-Fam. Unit1 Ann Rent 15000.00 Unit1 Rent Period Month Unit2 Ann Rent 15000.00 Unit2 Rent Period Month Unit3 Ann Rent 14400.00 Unit3 Rent Period Month Unit4 Ann Rent 14400.00 Unit4 Rent Period Month Unit5 Ann Rent 13800.00 Unit5 Rent Period Month Unit6 Ann Rent 13800.00 Unit6 Rent Period Month Unit7 Ann Rent 13800.00 Unit7 Rent Period Month Unit8 Ann Rent 13800.00 Unit8 Rent Period Month Use Income Utilities ElectricMunicipal WaterPublic SewerSeparate Meter

    Listing provided courtesy of Vickery Realty, Inc. Listing information © 2021 BeachesMLS
     
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    United Realty Group
    1361 Sawgrass Corporate Parkway #200
    Sunrise FL, 33323