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$1,135,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
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The Flamingo is well located on North Federal Highway, just two short blocks from downtown Lake Avenue and Lucerne. The main house is a large 2BR/1BA plus bonus room along with three (3) 2BR/1BA units located in the rear two-story building. The property has undergone renovations and has been operating as vacation rentals and short-term corporate housing. The Flamingo is also zoned commercial allowing for a multitude of professional/business uses. Parking is located in the rear. An ongoing agreement with the church next door allows for four (4) total parking spaces (can be increased) at an affordable monthly fee. This is a turn-key asset being sold fully equipped and furnished.

Full Property Details for 215 N Federal Hwy

General

  • Sold For: $1,135,000
  • Taxes: $7,214 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11440262
  • Added to Site: 956 day(s) ago

Rental Information

  • Rent Includes: Electricity, Gas, Hot Water, Sewer, Water

Interior

  • Flooring: Tile, Vinyl, Wood

Parking

  • Total Spaces: 5

Location

  • Area: Lake Worth Town Of
  • County: Palm Beach County
  • Subdivision: LAKE WORTH TOWN OF
  • Building Name: LAKE WORTH TOWN OF

Community

  • Community Name: Lake Worth Town Of

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Detached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Frame With Stucco
  • Roof: Built-Up
  • Stories/Levels: 2
  • Building Size: 4237
  • Square Feet: 2,814
  • Living Area: 2,814 Sq. Ft.
  • Year Built: 1921
  • Property Condition: Substantially Remodeled

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Potential Use: Investment
  • Zoning: MU-E (ci

Financial Considerations

  • Price Per Sq. Ft.: $403.34
  • Tax Amount: $7,214
  • Tax Year: 2022
  • Terms: All Cash, Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Equipment Lists, Investment Analysis, Copy Of Lease(S)
  • Legal Description: TOWN OF LAKE WORTH LT 13 /LESS E 5 FT SR R/W/ BLK 44
  • Property ID: 38434421150440130

Listed by ONE Commercial LLC
Sold by Acquire Palm Beach LLC

Listing agent

— 215 N Federal Hwy —

  • ONE Commercial LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 215 N Federal Hwy

School District:Palm Beach County School District
NameGradesDistance
South Grade Elementary School
716 S K St, Lake Worth Beach, FL 33460
PK-50.4 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-120.9 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-81.8 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 215 N Federal Hwy

Date
Details
Price
Change
Source
9/15/2023
Sold
$1,135,000
-1.3%
MLS
8/22/2023
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by ONE Commercial LLC
Sold by Acquire Palm Beach LLC

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215 N Federal Hwy, Lake Worth, FL 33460 (MLS# A11440262) is a Multi-Family property that was sold at $1,135,000 on September 15, 2023. Want to learn more about 215 N Federal Hwy? 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.