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$1,500,000
Apartment for Sale, 131 S FEDERAL Highway, Florida 33460
- MLS#B26053891
289 m² (3,112 ft²)
Listed By Home Sold Realty LLC
The Apartment for Sale located at 131 S FEDERAL Highway, Florida 33460 is currently for sale.
Date Updated : Sep 3, 2026
Home Sold Realty LLC
Description
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.
Location
131 S FEDERAL Highway, Florida 33460
Property features
Property
- Property size:
289 m² (3,112 ft²)
Lot/Land
- Land/Lot size:
1,256 m² (13,520 ft²)
Construction
- Year built: 1924
- Roofing: Metal
- Condition: RemodeledRenovated
- Construction: FrameFrame & Stucco
Interior Features
- Windows: Window Blinds
- Floors: Wood
Heating and Cooling
- Heating System: Central
Utilities
- Telecommunication: Cable Available
- Other utilities: SewerPublicSewer Available Off SitePublic Sewer
Community
- Features: Pets Allowed
School information
- High School: Lake Worth
- Middle School: Lake Worth Community Middle
- Elementary School: South Grade