Quadruplex

131 S FEDERAL Highway

FL 33460

$1,425,000

Sq ft: 3,112
Year built: 1924
Price per sq ft: $458

Listing courtesy of Camilo De la Cruz Perez, Home Sold Realty LLC

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.

Details

Property

Type: Quadruplex
Style: One Story
Year built: 1924
Stories: 1
Lot size: 13,520 sq ft
Subdivision: LAKE WORTH TOWN OF
County: Palm Beach County

Interior

Flooring: Wood
Heating: Central

Exterior and parking

Exterior: East Of Us1
Construction: Frame, Frame With Stucco
Roof: Metal, Metal Roof

Community and fees

Pets: Yes
Annual taxes: $19,428
Terms: All Cash, Conventional, FHA, FHA 203K

The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 24, 2026.