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1317 N Federal Highway, Lake Worth, FL 33460
$817,000
1317 N Federal Highway, Lake Worth, FL 33460View this property at 1317 N Federal Highway, Lake Worth, FL 33460
1317 N Federal HighwayLake WorthFL33460
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Property Description
Welcome to an exceptional investment opportunity - a True QuadPlex perfectly situated just 2 blocks from the prestigious College Park, offering the convenience of a short stroll to downtown Lake Worth and Lake Worth Beach. This robust CBS construction property features a total of 8 bedrooms and 4 bathrooms, providing a solid foundation for an investor's dream.Step inside to discover updated interiors, including modern kitchens, bathrooms, and flooring, ensuring a contemporary and comfortable living experience. Recent rental comparables suggest a strong market demand, with potential rents exceeding $2,000 per month per unit, making this QuadPlex a lucrative prospect.Unit 3, currently vacant, adds versatility to the investment. With the new Fannie Mae 5% down program,
Full Property Details
Full Property Details for 1317 N Federal Hwy
General
- Sold For: $817,000
- Taxes: $9,779
- Status: Closed
- Type: Multi-Family
- MLS ID: RX-10938066
- Added to Site: 206 day(s) ago
Interior
- Flooring: Ceramic Tile, Tile
Exterior
- Exterior Features: None
Location
- Area: 5600
- County: Palm Beach
- Subdivision: North Lake Worth
- Driving Directions: At Exit 64, head on the ramp right and follow signs for 10th Ave N, Bear left, then bear left onto 10th Ave N, Turn left onto FL-5 / N Federal Hwy, Arrive at FL-5 / N Federal Hwy.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Electric
Utilities
- Utility Description: Public Sewer, Public Water
Structural Information
- Architectural Style: Duplex/Triplex/Quad
- Construction: CBS
- Roof: Composition Shingles
- Stories/Levels: 2.0
- Square Feet: 3,584
- Year Built: 1973
Lot Features
- Zoning: Multi
- Lot Description: < 1/4 Acre
Financial Considerations
- Tax Amount: $9,779.41
Listed by Elevate Realty LLC
Sold by EXP Realty LLC
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Schools
Schools serving 1317 N Federal Hwy
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
824 N K St, Lake Worth, FL 33460 | K-5 | 0.4 mi | |
1300 Barnett Dr, Lake Worth, FL 33461 | 6-8 | 1.1 mi | |
1701 Lake Worth Rd, Lake Worth, FL 33460 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1317 N Federal Hwy
Date
Details
Price
Change
Source
12/18/2023
Sold
$817,000
-7.15%
MLS
11/22/2023
Listed
$879,960
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1317 N Federal Highway, Lake Worth, FL 33460 (MLS# RX-10938066) is a Multi-Family property that was sold at $817,000 on December 18, 2023. Want to learn more about 1317 N 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.