Tour
$9,619 Closing Credit¹
#RX-11082575, Beatriz Morejon, Listing Office: Highlight Realty Corp/LW
#RX-11039916·
Listing office: Coastal Classic Realty·
Listing agent: Blair Ann Alshut·
Listing agent phone: (561) 271-6847·
Listing office phone: (561) 523-2624
$750,000 List price
1331 N Federal Hwy Unit 1 Lake Worth Beach, FL 33460
$8,906
Closing credit¹
1,990 sqft
$377 / sqft
Multi-Family
Property details
About 1331 N Federal Hwy Unit 1
Welcome to Lake Worth Beach! This exceptional CBS investment property with an excellent cap rate is ready for it new owners! This is for anyone looking to capitalize on its prime location and turnkey setup. The property includes a 3-bed/3-bath unit and a 2-bed/1-bath unit, along with a 264 sq ft under-air storage room w/ carport. Zoned commercial multifamily (>10 units). The property has a newer roof, brand-new impact windows/doors, and fully upgraded kitchens & baths. Designated parking spaces, and separate entrances, offering convenience and privacy for guests. Situated on a corner lot, this low-maintenance property is just 1 mile to the beach and steps from downtown nightlife, restaurants, and bars. FULLY FURNISHED and beautifully decorated, the property is ready for immediate rentals!
Highlights
Home typeDuplex
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s), Window Unit(s)
Size1,990 sqft
Year built1956
MLS #RX-11039916
ViewGarden
Virtual tour
Summary
- Flooring Type: Ceramic Tile, Tile
- Private Pool: No
- Waterfront: None
- View: Garden
- Exterior: Covered Patio, Fence, Open Patio, Open Porch
- Cooling: Central Air, Ceiling Fan(s), Window Unit(s)
- List Price: $750,000
- Price/SqFt: $376
- HOA Amount: $0
- HOA Frequency: Monthly
- Lot: Corner Lot, Paved, Sidewalk
- Directions: I95 to 10th Ave N Lake Worth Beach go east. pass Dixie (Tuppens) and go to N Federal Hwy make a left. Property on your left about 3 blocks down
- Year Built: 1956
- Stories: 1
- Living Area: 1,990 SqFt
- MLS Number: RX-11039916
- Office Name: Coastal Classic Realty
- Office Phone: (561) 523-2624
- Listing Agent: Blair Ann Alshut
- Agent Phone: (561) 271-6847
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 9:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$750,000
1331 N Federal Hwy Unit 1
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Highland Elementary School
Public Magnet EE-5
1.1 mi
•500 Highland Ave
6
South Olive Elementary School
Public District PK-5
1.4 mi
•7101 S Olive Ave
5
South Grade Elementary School
Public Magnet PK-5
1.7 mi
•716 S K St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,520. Most Lake Worth Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
46%
35k-100k
14%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
63%
Single, No Kids
11%
Single, with Kids
14%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1331 N Federal Hwy Unit 1 in Lake Worth Beach, FL and zip code 33460 in the Eden Place neighborhood. This 1,990 square foot home was built in 1956. Features: 0 bathroom. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $750,000.
Over 7 listings were sold over their listed price in April 2025 in Lake Worth Beach, FL. In the same period over 109 listings were sold below the listed price and 28 listings were sold for the listed price. The inventory of homes for sale in Lake Worth Beach, FL between March and April 2025 increased by 8.9%. Listings spent 55 days on the market in April 2025, and had a median list price of $468,478 during the same period.
From Rocket Homes Real Estate and based on county public records data.