Bought with EXP Realty LLC
$817,000
$879,960
7.2%For more information regarding the value of a property, please contact us for a free consultation.
1317 N Federal HWY Lake Worth Beach, FL 33460
8 Beds
4 Baths
3,584 SqFt
Key Details
Sold Price $817,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $227
Subdivision North Lake Worth
MLS Listing ID RX-10938066
Bedrooms 8
Full Baths 4
Year Built 1973
Annual Tax Amount $9,779
Tax Year 2023
Lot Size 4,748 Sqft
Property Description
Welcome to an exceptional investment opportunity - a True QuadPlex perfectly situated just 2 blocks from the prestigious College Park, offering the convenience of a short stroll to downtown Lake Worth and Lake Worth Beach. This robust CBS construction property features a total of 8 bedrooms and 4 bathrooms, providing a solid foundation for an investor's dream.Step inside to discover updated interiors, including modern kitchens, bathrooms, and flooring, ensuring a contemporary and comfortable living experience. Recent rental comparables suggest a strong market demand, with potential rents exceeding $2,000 per month per unit, making this QuadPlex a lucrative prospect.Unit 3, currently vacant, adds versatility to the investment. With the new Fannie Mae 5% down program,
Location
State FL
County Palm Beach
Area 5600
Zoning Multi
Interior
Heating Electric
Cooling Central
Flooring Ceramic Tile, Tile
Exterior
Exterior Feature None
Utilities Available Public Sewer, Public Water
Amenities Available Common Laundry
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation CBS
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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