131 S FEDERAL Highway, FL 33460
, FL 33460 · LAKE WORTH TOWN OF
Description of 131 S FEDERAL Highway, FL 33460
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.
Property Details for 131 S FEDERAL Highway, FL 33460
- Flooring
- Wood
- Heating
- Central
- Cooling
- None
- Architectural Style
- One Story
- Pool Private
- No
- Year Built Details
- Resale
- Property Condition
- Substantially Remodeled, Updated/Remodeled, Completely Renovated
Building Information for 131 S FEDERAL Highway, FL 33460
- Building Area Total
- 3112
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
- Pets Allowed
- Yes
Property Information for 131 S FEDERAL Highway, FL 33460
- Lot Features
- 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Less Than 1 Acre
- Lot Size Square Feet
- 13,520
- Waterfront
- No
- View
- No
- Construction Materials
- Frame, Frame With Stucco
- Roof
- Metal, Metal Roof
- Exterior Features
- East Of Us1, None
- Sewer
- Public Sewer, Public Sanitation, Sewer
- Water Source
- Public
- New Construction
- No
Public Records for 131 S FEDERAL Highway, FL 33460
- Parcel Number
- 38434421150430150
- Tax Annual Amount
- $19,428
- Tax Year
- 2,025
- Tax Legal Description
- TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
- Zoning
- MU-E (city)
- County Or Parish
- Palm Beach County
Schools Near 131 S FEDERAL Highway, FL 33460
- Elementary School
- South Grade
- Middle School
- Lake Worth Community Middle
- High School
- Lake Worth
School assignments are provided by the listing and should be independently verified.
More information about 131 S FEDERAL Highway, FL 33460
131 S FEDERAL Highway is a multi-family home for sale in FL 33460. This property was listed for sale on July 18, 2026 by Home Sold Realty LLC, it's currently listed at $1,500,000. This listing's school district is Palm Beach County Public Schools. Nearby schools include South Grade, Lake Worth Community Middle and Lake Worth. 131 S FEDERAL Highway is a 0-bath, 3,112 sqft multi-family home built in 1924.