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Active Multi Family
$1,940,000
1001 S FEDERAL Highway, FL 33460, , FL 33460
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1958
Year Built

About This Property

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.

Property Details

Property Type Multi Family
Days on Market Just listed
HOA Fee None
Parking 3 spaces
Pool No
Waterfront No
Community
Pets Allowed
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D
Dayron Crespo
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