1001 S Federal Highway, Lake Worth Beach, FL - Photo 1

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$1,899,000

For Sale
Active
Commercial Multi-Family

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Property Description

Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.

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Full Property Details

Full Property Details for 1001 S Federal Hwy

General

Price: $1,899,000
HOA FEE: $3,200
Taxes: $24,018 (2025)
Status: Active
Type: Commercial Multi-Family
Source: Regional
MLS ID: B26053945
Updated: 10/13/2026
Added to Site: 89 day(s) ago

Interior

Flooring: Wood

Additional Information

Security/Safety: None

Parking

Total Spaces: 3

Location

County: Palm Beach
Driving Directions: Use Navigation

Community

Community Name: 5610

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Other
Heating Type: Other

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Sewer Connected, Water Connected
# Electric Meters: 8

Structural Information

# Buildings: 2
Construction: CBS (Concrete Block Structure), Block
Roof: Tile
Stories/Levels: 1
Building Size: 3762
Year Built: 1958

Lot Features

Lot Size (Acres): 0.31
Lot Features: Other, 1/4 to 1/2 Acre Lot
Zoning: MU-FH (city)

Financial Considerations

Maint. Fee/Month: $3,200
Assessment Amount: $942,286
Tax Amount: $24,018.37
Tax Year: 2025
Terms: Cash, Conventional
Tenant Pays: Electricity

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Ground Photo, Other
Legal Description: ADD 1 TO TOWN OF LAKE WORTH LTS 9 & 10 BLK 39
Property ID: 38434427010390090

Listed by Home Sold Realty LLC

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Schools

Schools serving 1001 S Federal Hwy

School District:Palm Beach County School District

Name	Grades	Distance
South Grade Elementary School 716 S K St, Lake Worth Beach, FL 33460	PK-5	0.3 mi
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460	9-12	1.2 mi
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461	6-8	2.3 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 1001 S Federal Hwy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/24/2026

Price Reduced

$1,899,000

-2.11%

MLS

7/18/2026

Listed

$1,940,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1001 S Federal Highway, Lake Worth Beach, FL (MLS# B26053945) is a Commercial Multi-Family property. 1001 S Federal Highway is currently listed for $1,899,000 and was received on July 18, 2026. Want to learn more about 1001 S Federal Highway? Do you have questions about finding other Commercial Multi-Family real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.

1001 S Federal Hwy, Lake Worth Beach, FL