Video tour
$10,000 Closing Credit¹
#RX-11040647, Jonathan Texta, Listing Office: LoKation
#RX-11039916·
Listing Office: Coastal Classic Realty·
Listing Agent: Blair Ann Alshut·
Listing Agent Phone: (561) 271-6847·
Listing Office Phone: (561) 523-2624
$8,906
closing credit¹
1331 N Federal Hwy Unit 1 Lake Worth Beach, FL 33460
$750,000 List price
$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
- 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: 2/2/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
1331 N Federal Hwy Unit 1
$8,906
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
2
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. The most common annual income of people living in Lake Worth Beach, FL is between $35k-100k. Most families are single, no kids. 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.
Lake Worth Beach, FL housing market in January 2025 saw over 8 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. The number of listings in Lake Worth Beach, FL increased by 14.8% between December and January 2025. Listings spent 77 days on the market in January 2025, and had a median list price of $466,547 during the same period.
From Rocket Homes Real Estate and based on county public records data.