Skip To Content
    Return to Previous Page

    326 S Federal Highway

    Lake Worth Beach, FL 33460
    • $538,000
    • STATUS: Active
    • ON SITE: 69 days
    • MLS #: RX-10678937
    UPDATED: 52 min ago
    $538,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,608
      SQFT
    • $335
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    One of a kind opportunity just 3 blocks from Lake Ave, 4 blocks to the intracoastal and Bryant Park, this area of Federal Highway is desirable with newer built townhomes just down the road. The building is well maintained and offers almost 10% cap rate. Always rented, the existing tenants are month to month and all would like to remain. The 2/1 is upstairs with an exterior stairway, the two 1/1 units down, with kitchen & living room. Shared coin laundry which nets landlord add'l income, paved parking, plus a huge shady fenced courtyard with firepit and picnic areas. Individually metered, tenants pay electric, landlord covers water and gas. This extra deep lot allows for construction of another bldg. A perfect vacation rental with walking distance to downtown hot spots & bike to the beach

    Monthly Payment Calculator

    www.ewm.com/homes/112672705
    Print Image

    326 S Federal Highway Lake Worth Beach, FL 33460

    • Price: $538,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: RX-10678937
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,608
    SQFT
    $335
    $/SQFT
    1928
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    One of a kind opportunity just 3 blocks from Lake Ave, 4 blocks to the intracoastal and Bryant Park, this area of Federal Highway is desirable with newer built townhomes just down the road. The building is well maintained and offers almost 10% cap rate. Always rented, the existing tenants are month to month and all would like to remain. The 2/1 is upstairs with an exterior stairway, the two 1/1 units down, with kitchen & living room. Shared coin laundry which nets landlord add'l income, paved parking, plus a huge shady fenced courtyard with firepit and picnic areas. Individually metered, tenants pay electric, landlord covers water and gas. This extra deep lot allows for construction of another bldg. A perfect vacation rental with walking distance to downtown hot spots & bike to the beach
    Exterior Features

    Carport Spaces 2.00 Construction FrameStucco Exterior Features Exterior W/D HookupFenceRoom For PoolShutters Lot Description < 1/4 AcreEast Of Us-1 Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Wall-Win A/C Flooring Ceramic Tile Heating No Heat Unit1 Bedrooms 2 Unit1 Desc A/C UnitDen/FamilyDishwasherElectric MeterKitchenMicrowaveRange - GasRefrigeratorStack Bedrooms Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 740 Unit2 Desc A/C UnitDishwasherElectric MeterKitchenMicrowaveRange - GasRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 500 Unit3 Desc A/C UnitDishwasherElectric MeterKitchenMicrowaveRange - GasRefrigerator Unit3 Full Baths 1 Unit3 Sq Ft 600 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 39330.00 Annual Total Expenses 11310.00 Available Info Other Built Desc Resale Gross Operating Income 51240.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Info Sold As-Is Sq Ft Total 1689.00 Subdivision Amenities None Tax Amount 5344.09 Tax Year 2020 Taxes City/County Tenant Pays Electric Terms Considered CashConventional Unit1 Monthly Income 1500.00 Unit2 Monthly Income 1220.00 Unit3 Monthly Income 1300.00 Unit4 Monthly Income 0.00 Utilities Gas NaturalPublic SewerPublic Water Zoning Mu-Fh(

    Listing provided courtesy of The Keyes Company. Listing information © 2021 BeachesMLS
     
    https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-10678937-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-10678937-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-10678937-2.jpg
    Logo
    Berkshire Hathaway HomeServices EWM Realty
    201 Alhambra Circle #1060
    Coral Gables FL, 33134