$925,000

$512/sq ft

$20,000
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Overview

Year Built

1950

Sqft

1806

Property Type

Quadruplex

Property 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.

Property Details

MLS#

A11975247

Total Floor in Bldg

1

Address

1625 Federal Hwy S

City

Lake Worth

State/county

FL

Zip/Postal Code

33460

Area

Blackwell Park Rev Pl

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$13,486

Maint Fee

$--

Tax Year

2025

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Boris Gelfand