Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,500,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.31 Acres
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 131 S Federal Hwy

General

  • Price: $1,500,000
  • Taxes: $19,428 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: B26053891
  • Updated: 7/18/2026
  • Added to Site: 39 day(s) ago

Interior

  • Flooring: Wood

Additional Information

  • Equipment: None

Exterior

  • Exterior Features: None

Parking

  • Total Spaces: 4

Location

  • County: Palm Beach
  • Subdivision: LAKE WORTH TOWN OF
  • Driving Directions: Use Navigation

School Information

  • Elementary School: South Grade
  • Middle School: Lake Worth
  • High School: Lake Worth

Community

  • Community Name: 5610
  • Units Assoc/Comm: 4
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • # Electric Meters: 4

Structural Information

  • Structure Type: Multi Family, Quadruplex
  • Construction: Frame
  • Roof: Metal
  • Windows: Blinds
  • Stories/Levels: 1
  • Building Size: 3112
  • Square Feet: 3,112
  • Sq. Ft. Source: Owner
  • Living Area: 3,112 Sq. Ft.
  • Year Built: 1924
  • Property Condition: Resale, Updated/Remodeled

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.31
  • Road Maintenance: Public Maintained Road
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Zoning: MU-E (city)

Water Features

  • Water Front View: None

Financial Considerations

  • Assessment Amount: $772,580
  • Tax Amount: $19,428.05
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Other
  • Legal Description: TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
  • Property ID: 38434421150430150

Listed by Home Sold Realty LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 131 S Federal Hwy —

  • Home Sold Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 131 S Federal Hwy

School District:Palm Beach County School District
NameGradesDistance
South Grade Elementary School
716 S K St, Lake Worth Beach, FL 33460
PK-50.5 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-120.8 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-81.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 S Federal Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/18/2026
Listed
$1,500,000
18.11%
MLS
8/11/2023
Sold
$1,270,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 S Federal Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,428
7%
$772,580
10%
2024
$18,111
72%
$702,345
45%
2023
$10,556
18%
$482,785
63%
2022
$8,918
8%
$296,215
13%
2021
$8,291
—
$261,297
3%
2021
$8,291
3%
$254,001
3%
2019
$8,015
1%
$247,726
-1%
2018
$7,951
1%
$251,070
2%
2017
$7,848
12%
$245,173
16%
2016
$7,001
-1%
$211,366
2%
2015
$7,039
1%
$207,497
3%
2014
$6,938
6%
$200,731
9%
2013
$6,569
—
$184,742
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 131 S Federal Hwy

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Home Sold Realty LLC

Just Listed near 131 S Federal Hwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

156 Granada Dr, Palm Springs, FL 33461 - Photo 1 Just Listed
$555,000

156 Granada Dr  Palm Springs, FL 33461

  • Single Family
  • Active
  • Updated 3 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,579
    Sq. Ft.
752 Lori Dr, Palm Springs, FL 33461 - Photo 1 Just Listed
$130,000

752 Lori Dr  #217  Palm Springs, FL 33461

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,002
    Sq. Ft.
256 Lake Arbor Dr, Palm Springs, FL 33461 - Photo 1 Just Listed
$315,000

256 Lake Arbor Dr  Palm Springs, FL 33461

  • Townhouse
  • Active
  • Updated 22 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,232
    Sq. Ft.
507 Minnesota St, Lantana, FL 33462 - Photo 1 Just Listed
$550,000

507 Minnesota St  Lantana, FL 33462

  • Single Family
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,122
    Sq. Ft.
Listed by Lourdese Valantasis (561) 460-5261

Price Reduced near 131 S Federal Hwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

234 Lake Arbor Dr, Palm Springs, FL 33461 - Photo 1 Price Reduced
-$5,000 (-1.67%)
$294,999

234 Lake Arbor Dr  Palm Springs, FL 33461

  • Townhouse
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,232
    Sq. Ft.
3000 Springdale Blvd, Palm Springs, FL 33461 - Photo 1 Price Reduced
-$7,100 (-8.88%)
$72,900

3000 Springdale Blvd  #V207  Palm Springs, FL 33461

  • Condo
  • Active
  • Updated 3 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 660
    Sq. Ft.
709 Lori Dr, Palm Springs, FL 33461 - Photo 1 Price Reduced
-$2,000 (-1.48%)
$132,900

709 Lori Dr  #211  Palm Springs, FL 33461

  • Condo
  • Active
  • Updated 6 days ago
  • 1
    Bed
  • 2
    Total Baths
  • 775
    Sq. Ft.
700 Village Green Ct, Palm Springs, FL 33461 - Photo 1 Price Reduced
-$10,000 (-10.01%)
$89,900

700 Village Green Ct  #221  Palm Springs, FL 33461

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 836
    Sq. Ft.

Recent Sales near 131 S Federal Hwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

901 N Dixie Hwy, Lake Worth, FL 33460 - Photo 1 Sold
$1,650,000

901 N Dixie Hwy  Lake Worth, FL 33460

  • Commercial
  • Closed
10146 Royal Ascot Ave, Lake Worth, FL 33449 - Photo 1 Sold
$1,407,533

10146 Royal Ascot Ave  Lake Worth, FL 33449

  • Single Family
  • Closed
  • 5
    Beds
  • 6
    Total Baths
  • 4,350
    Sq. Ft.
1102 N Golfview Rd, Lake Worth, FL 33460 - Photo 1 Sold
$1,275,000

1102 N Golfview Rd  Lake Worth, FL 33460

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,112
    Sq. Ft.
3550 S Ocean Blvd, South Palm Beach, FL 33480 - Photo 1 Sold
$1,400,000

3550 S Ocean Blvd  #2d  South Palm Beach, FL 33480

  • Condo
  • Closed
  • 2
    Beds
  • 4
    Total Baths
  • 2,608
    Sq. Ft.

131 S Federal Highway, Lake Worth, FL 33460 (MLS# B26053891) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 131 S Federal Highway is currently listed for $1,500,000 and was received on July 18, 2026. Want to learn more about 131 S Federal Highway? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.

Tour this property