Bought with Coldwell Banker Realty /Delray Beach
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331 S Federal HWY Lake Worth Beach, FL 33460
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,773 sqft
Price per Sqft $278
Subdivision Lake Worth Town Of
MLS Listing ID RX-10888311
Sold Date 02/28/24
Bedrooms 8
Full Baths 6
Construction Status Resale
HOA Y/N No
Year Built 1928
Annual Tax Amount $12,606
Tax Year 2022
Lot Size 10,393 Sqft
Property Description
This Spanish-style single family home is a great investment property with tremendous rental potential, currently operated as an AIRBNB. Located on a corner lot, the property features a main house with 5 bedrooms, 3 bathrooms, and a den. The hardwood floors have been refinished, and new tile floors and showers have been installed. In addition to the main house, the property also includes a detached ''garage apartment'' that has been converted into an expansive loft-style room with a private bath and kitchen. The property also includes a separate duplex with two 1 bedroom, 1 bathroom apartments. Both units have been updated in recent years. The duplex has shared laundry facilities. Each unit has separate electric meters, while all units share a water meter. Great addition to any portfolio.
Location
State FL
County Palm Beach
Area 5610
Zoning MU-FH(
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile, Laminate, Wood Floor
Exterior
Exterior Feature Exterior W/D Hookup
Garage Spaces 1.0
Community Features Corporate Owned, Sold As-Is
Utilities Available Cable, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
View Garden, Other
Roof Type Barrel,Comp Shingle
Present Use Corporate Owned,Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation CBS, Frame, Stucco
Construction Status Resale
Schools
Elementary Schools South Grade Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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