- beds
- —
- baths
- 0
- sq ft
- 3,112
- Built
- 1924
131 S FEDERAL Highway
About this home
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.
Listing last checked: Listing updated:
Listed by Camilo De la Cruz Perez · Home Sold Realty LLC · MLS #B26053891
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- None
- Flooring
- Wood
Building4 property facts
- Style
- Quadruplex
- Year built
- 1924
- Parking
- 4
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.31 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- MU-E (city)
Financial2 property facts
- Annual taxes
- $19,428
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,425,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,825 / monthAdjust
- Principal & interest
- $7,206
- Property tax
- $1,619
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $19,428. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$1,800 · Sold $1,800 · Jul 1, 2026
- Lsd
$1,900 · Sold $1,900 · May 21, 2026
- Ter
$1,900 · Oct 27, 2025
- Ter
$1,900 · Jul 23, 2025
- Lsd
$3,000 · Sold $3,000 · Apr 2, 2025
- Lsd
$1,800 · Sold $1,800 · Dec 10, 2024
- Lsd
$1,900 · Sold $1,900 · Aug 29, 2024
- Lsd
$2,000 · Sold $2,000 · May 22, 2024
- Sld
$1,295,000 · Sold $1,174,700 · Aug 20, 2021
- Sld
$1,295,000 · Sold $1,174,700 · Aug 20, 2021
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About 131 S FEDERAL Highway
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