626 Federal #5 ,Multi Family для продажи & аренды

626 Federal #5 для продажи & аренды

Цена $1,495,000.00

• Размер территории 4242
• Год постройки 1950
• Вид на воду
• Zip 33460
• Стиль
• Парковка Free Parking
• Бассейн Yes
• Статус Active

Описание

Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.

ADD 1 TO TOWN OF LAKE WORTH LTS 2 & 3 (LESS W 5 FT) BLK 8

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre

Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.

Roof:1:Shingle,Sewer:1:Public Sanitation,2:Sewer,Zoning:MU-FH (city),Country:United States,List A O R:BeachesMLS,Stories:1,Tax Year:2025,Flooring:1:Terrazzo,2:Tile,3:Vinyl,Cooling Y N:1,List Price:1495000,Listing Id:B26045347,Mls Status:Active,Ownership:Other Ownership,Utilities:1:Electricity Available,2:Natural Gas Available,Year Built:1950,Inclusions:Building Only, Business And Building,Postal Code:33460,Street Name:Federal,Unit Number:5,Gross Income:146040,Lot Features:1:Less Than 1 Acre,Photos Count:18,Days On Market:1,Leasable Area:4242,Listing Terms:1:Conventional,2:Exchange,Lot Size Acres:0.3,Lot Size Units:Square Feet,M I A M I R E_ Area:5610,On Market Date:2026-06-25,Other Expense:11100,Parcel Number:38434427010080020,Parking Total:8,Property Type:Commercial Sale,Stories Total:1,Street Number:626,Street Suffix:Highway,Ownership Type:Other Ownership,Public Remarks:Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.,County Or Parish:Palm Beach County,Expiration Date:2026-09-25,List Office Name:JD Bols & Associates,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:24000,Postal Code Plus4:4904,Property Sub Type:Multi Family,State Or Province:FL,Street Dir Prefix:S,Tax Annual Amount:23823,Total Actual Rent:146040,Unparsed Address:626 S Federal Highway # 5, FL 33460,Building Features:1:Pedestrian Traffic,Insurance Expense:6000,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Operating Expense:54900,Road Frontage Type:1:City/County Maintained,2:City,Security Features:1:Smoke Alarm,2:Smoke Detector(s),3:Smoke Detector,4:No Security,Year Built Details:Resale,Building Area Total:4242,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Num Floors:1,M I A M I R E_ Num Meters:2,Number Of Buildings:2,Original List Price:1495000,I D X Participation Y N:1,Net Operating Income:90040,Number Of Units Total:8,Syndication Remarks:Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida's Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.,Listing Contract Date:2026-06-25,M I A M I R E_ Vacancy Rate:6000,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Elect Lockbox-Call List Agent,Pet On Premises,Street Number Numeric:626,Tax Legal Description:ADD 1 TO TOWN OF LAKE WORTH LTS 2 & 3 (LESS W 5 FT) BLK 8,Electric On Property Y N:1,Gross Scheduled Income:146040,M I A M I R E_ Current Price:1495000,M I A M I R E_ Owner Agent Y N:1,Construction Materials:1:Slab Construction,2:Stucco,M I A M I R E_ Municipal Code:38,M I A M I R E_ Year Installed:1950,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 5600; 5610; 5620; 5630; 5640,M I A M I R E_ Parcel Number M L X:3843,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-06-25,Internet Address Display Y N:1,Number Of Units In Community:8,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:1,M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Parking Space Number:8,M I A M I R E_ Agent Alternate Phone:619-301-6383,M I A M I R E_ Approx Sqft Total Area:13000,M I A M I R E_ Maximum Leasable Sqft:4242,M I A M I R E_ Property Description:MULTI-FAMILY LESS THAN 10,M I A M I R E_ Inc Exp Statement Period:2026,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:987161,Internet Automated Valuation Display Y N:1,