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215 N Federal Highway , #1

Lake Worth Beach, FL 33460
  • $1,495,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: RX-10950721
UPDATED: 141 min ago
$1,495,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,814
    SQFT
  • $531
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1921
County:

School Ratings & Info

Description

Rare opportunity to live and work in a commercially zoned single family home and pay your mortgage with the income from three units in the back building! The main house is a large 3BD/1BA with three 2BD/1BA units located in the rear two-story building. This is a turn-key investment property sold fully equipped and furnished. There is a huge fenced outdoor patio and dining area, common area laundry/storage facility, and two driveways. Colorful murals painted by a local artist add to the laid back charm. Great downtown location with plenty of parking! Lake Worth Beach is a beach lovers destination with public amenities including a pier, restaurants, parking, and many beach services. Close to everything including PBI airport and West Palm Beach. This is a must see!

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www.billeroproperties.com/homes/146684711
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215 N Federal Highway , #1 Lake Worth Beach, FL 33460

  • Price: $1,495,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 141 min ago
  • MLS #: RX-10950721
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,814
SQFT
$531
$/SQFT
1921
Built
Neighborhood:
Lake Worth Beach
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Rare opportunity to live and work in a commercially zoned single family home and pay your mortgage with the income from three units in the back building! The main house is a large 3BD/1BA with three 2BD/1BA units located in the rear two-story building. This is a turn-key investment property sold fully equipped and furnished. There is a huge fenced outdoor patio and dining area, common area laundry/storage facility, and two driveways. Colorful murals painted by a local artist add to the laid back charm. Great downtown location with plenty of parking! Lake Worth Beach is a beach lovers destination with public amenities including a pier, restaurants, parking, and many beach services. Close to everything including PBI airport and West Palm Beach. This is a must see!
Exterior Features

Construction CBSFrame Miles To Beach 1 Roof Comp Shingle Waterfront YN No

Interior Features

Bath Toilets 4.00 Cooling Wall-Win A/C Flooring TileWood Floor Heating Window/Wall Miscellaneous1 FencedLandscapedLaundrySprinkler Water Offices 1 Percent Air Conditioned 100.00 Unit1 Furnished Unit1 Full Baths 1 Unit1 Unit Desc 3 Bedroom Unit2 Furnished Unit2 Full Baths 1 Unit2 Unit Desc 2 Bedroom Unit3 Furnished Unit3 Full Baths 1 Unit3 Unit Desc 2 Bedroom Unit4 Furnished Unit4 Full Baths 2 Unit4 Unit Desc 2 Bedroom

Property Features

Auction No Available Docs Deed RestrictionsSurvey Available Info Owner managed Built Desc Resale Fire Protection Smoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association of the Palm Beaches (RAPB) Location Beach AreaCentral Business DstInvestment Meters 4.00 Monetary Info Gross Oper Income 144000.00 Monetary Info Net Oper Income 115200.00 Monetary Info Source Of Expenses Owner Monetary Info Total Expenses 28800.00 Possession At Closing Sale Includes Building and LandEquipmentFixturesFurniture Tax Amount Real Estate Taxes 9793.95 Tax Year 2023 Tenant Pays None Terms Considered CashConventional Type Of Building Free StandingOffice SpaceOffice/ProfessionalOffice/Retail Unit1 Rent Period Month Unit1 Seasonal Rent 3600.00 Unit2 Rent Period Month Unit2 Seasonal Rent 2800.00 Unit3 Rent Period Month Unit3 Seasonal Rent 2800.00 Unit4 Rent Period Month Unit4 Seasonal Rent 2800.00 Use IncomeProfessional Office Utilities CableElectricGas NaturalPublic SewerPublic Water Zoning MU-E Mixed Use

Listing provided courtesy of Acquire Palm Beach Llc: . Listing information © 2024 BeachesMLS
 
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Billero & Billero Properties
300 Sebastian Blvd.
Sebastian FL, 32958