314 S Federal Hwy - Apartments FOR SALE


Lake Worth Beach, FL 33460
$1,559,498 USD
561-789-7726
314 S Federal Hwy, Lake Worth Beach, FL for Sale
$1,559,498 USD
Apartments - FOR SALE
1/49
null | 8.57% Cap Rate

314 S Federal Hwy
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • This first class four unit multifamily property is in pristine condition.
  • The private yard is a sanctuary of calmness to relax and enjoy the day. This property is a true turn key.
  • Apartment 1, one bedroom and 1 bath, apartment 2, one bedroom and 1 bath.
  • Apartment 3, one bedroom and 1 bath and apartment 4, one bedroom and 1 bath.

OVERVIEW

314 S. Federal Highway This first class four unit multifamily property is in pristine condition and consists of Apartment 1, one bedroom and 1 bath, apartment 2, one bedroom and 1 bath, apartment 3, one bedroom and 1 bath and apartment 4, one bedroom and 1 bath. The private yard is a sanctuary of calmness to relax and enjoy the day. This property is a true turn key. Prime Location: Situated on S Federal Hwy, this property benefits from high visibility and easy accessibility, attracting a steady flow of potential short and long term tenants. • Proximity to Attractions: Located just minutes from downtown Lake Worth Beach and the Atlantic Ocean, this property offers convenience and lifestyle appeal, attracting a steady flow of visitors, tourists, and potential tenants. • Investment Growth: Situated in a rapidly developing area with increasing property values, this investment promises strong appreciation potential, making it a smart choice for long-term returns and portfolio growth. LIST PRICE: $1,559,498 Highlights Beach Access: Located just a short drive from the beach, the property is attractive for those looking to enjoy coastal living and for businesses catering to tourists and beachgoers. Mixed-Use Potential: The property’s zoning allows for a mix of commercial and residential uses, offering flexible investment opportunities.

FOR SALE DETAILS

PRICE

$1,559,498 USD

PRICE/SF

$684 USD /SF

# OF UNITS

4

PRICE/UNIT

$389,875

CAP RATE

8.57%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MU-FH

APN/PARCEL ID

38-43-44-21-15-107-0041

ASK ABOUT THIS PROPERTY

David JosephThe Keyes CompanyMore Info
561-789-7726

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David JosephThe Keyes CompanyMore Info
561-789-7726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.