Bought with The Keyes Company
$1,300,000
$1,395,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
311 N Federal HWY Lake Worth Beach, FL 33460
9 Baths
5,979 SqFt
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 5,979 sqft
Price per Sqft $217
Subdivision Lake Worth Town Of
MLS Listing ID RX-10712251
Year Built 1911
Annual Tax Amount $9,601
Tax Year 2020
Lot Size 6,534 Sqft
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 12 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 just installed. This one will not last long!
Location
State FL
County Palm Beach
Area 5600
Zoning MU-E(c
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Laminate, Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Electric, Municipal Water, Public Sewer, Separate Meter
Waterfront No
Roof Type Comp Shingle
Building
Story 99.00
Foundation Vinyl Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP