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$950,000
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Property Description
Investment Opportunity. Seize this fully renovated quadplex generating over $100,000 annually ($8,000+/month avg.) through proven Airbnb short-term and long-term rentals. This turnkey property features four spacious 2-bed, 1-bath apartments, perfectly located minutes from vibrant downtown Lake Worth, pristine beaches, and I-95 for easy access. Impeccably maintained with no issues, this cash-flow powerhouse is ready for you viewing. Don't miss out-schedule your showing today!
Full Property Details
Full Property Details for 1501 N Federal Hwy
General
- Sold For: $950,000
- Taxes: (2024)
- Status: Closed
- Type: Multi-Family
- Source: Ft_Lauderdale
- MLS ID: F10517521
- Added to Site: 170 day(s) ago
Interior
- Flooring: Tile Floors
Location
- Area: 5620
- County: Palm Beach County
- Subdivision: North Lake Worth
- Driving Directions: use GPS - from i95 head east towards the beach, make a left on federal hwy until you reach 15th ave. Corner lot.
Heating & Cooling
- Cooling Type: Central Cooling, Wall/Window Air Conditioning
- Heating Type: No Heat
Utilities
- Sewer: Municipal Sewer
- Water: Municipal Water
- Cable Available: Yes
Structural Information
- Architectural Style: Fourplex
- Construction: Concrete Block Construction, Stucco Exterior Construction
- Roof: Built-Up Roof
- Living Area: 998 Sq. Ft.
- Year Built: 1957
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size: < 1/4 Acre
- Lot Description: Less Than 1/4 Acre Lot
Financial Considerations
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: NORTH LAKE WORTH LT 16 BLK 15
- Property ID: 38434415160150160
Listed by LoKation
Sold by Coldwell Banker Realty
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Schools
Schools serving 1501 N Federal Hwy
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
North Grade Elementary School 824 N K St, Lake Worth Beach, FL 33460 | K-8 | 0.6 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 1.5 mi |
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461 | 6-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 N Federal Hwy
Date
Details
Price
Change
Source
10/01/2025
Sold
$950,000
-5%
MLS
9/03/2025
Price Reduced
$1,000,000
-4.76%
MLS
8/03/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1501 N Federal Highway, Lake Worth Beach, FL 33460 (MLS# F10517521) is a Multi-Family property that was sold at $950,000 on October 01, 2025. Want to learn more about 1501 N Federal Highway? Do you have questions about finding other 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.

