1625 S Federal Hwy, Lake Worth FL 33460

Description

Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.

This quadruplex home located at 1625 S Federal Hwy, Lake Worth FL 33460 is currently for sale and has been available on Brickellsold for 112 days. This property is listed at $925K. It has N/A beds, N/A bathrooms, and is 1806 square feet. It was built in 1950. 1625 S Federal Hwy, Lake Worth FL 33460 is in Lake Worth county Palm Beach County.