1625 S Federal Hwy, Lake Worth, FL 33460
- $925,000
- 1,806
- SqFt
- List Price
- $925,000
- Price Change
- ▼ $20,000 1782165019
- MLS#
- A11975247
- Sq. Ft
- 1,806
- Subtype
- Quadruplex
- County
- Palm Beach
- Community
- Blackwell Park Rev Pl
- Subdivision
- Blackwell Park Rev Pl
- Year Built
- 1950
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.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 4
- Construction
- CBS Construction
- Cooling
- Wall/Window Unit(s)
- Flooring
- Tile, Vinyl
- Heating
- None
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Composition Roll
- Special Information
- Substantially Remodeled
- Taxes
- $13,486
- Total Floors
- 1
- Stories
- 1
- Roofing
- Composition Roll
- Price Per Sqft
- $512
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