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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1625 S Federal Hwy , Lake Worth, FL 33460
$925,000
Est. Payment: $2,055.56/mo
4 Bed
4 Bath
1806 Sqft
Status: Active | Days on site: 198
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ELSG01 - 3280149
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.
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Highlights

Listed by Daniel Echague , 305-283-9594 Elite Sales Group , 305-554-1544.

Property Type

Multi-Family

Year Built

1950

County

Palm Beach

Area

5640

 Neighborhood

Blackwell Park Rev Pl

Listing ID

A11975247

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile,Vinyl
Water:Public

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:6
Zoning:MU-FH (c
Roof:Composition
Others:
  • ▪ Additional:Security/High Impact Doors
Sewer:Public Sewer
Principal Interest
$2,056
Taxes
$1,124

Home Price

$925,000

Loan Details

30 yrs
%

Down Payment

20%
$185,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,055.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,055.56 $1,123.83 $0.00 $3,179.39
Yearly $24,666.67 $13,486.00 $0.00 $38,152.67
Total $740,000.00 $404,580.00 $0.00 $1,144,580.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Worth, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.