$1,899,000

1001 S FEDERAL Highway, Lake Worth Beach FL

Price per sqft$504.78

Built in1958

Property size3,762 sqft

Property typeCommercial

Courtesy of Camilo De la Cruz Perez with Home Sold Realty LLC

Overview

Active

Listed Jul 18, 2026

Updated 2 weeks ago

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.

Other Property Details

Taxes: $24,018
Tax Frequency: Annually
Maintenance Expense: $3,200

Courtesy of Home Sold Realty LLC, Camilo De la Cruz Perez,
Listing Contact: 833-700-2782

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 6:50 AM UTC, 10/14/2026