Modern Living Group
 Residence
 Residence photo 1
 Residence photo 2
 Residence photo 3
 Residence photo 4
 Residence photo 5
16 photos
 Residence photo 1
 Residence photo 2
 Residence photo 3
 Residence photo 4
 Residence photo 5
 Residence photo 6
 Residence photo 7
 Residence photo 8
 Residence photo 9
 Residence photo 10
 Residence photo 11
 Residence photo 12
 Residence photo 13
 Residence photo 14
 Residence photo 15
 Residence photo 16
$1,500,000ACTIVE

131 S FEDERAL Highway, Lake Worth Beach, FL 33460

beds0baths3,112sq ft$482/ sq ft
THE RESIDENCE

About this home

Federal Flats in Lake Worth Beach is a renovated 5-unit multifamily property featuring three studio apartments, one 1-bedroom/1-bathroom unit, and one spacious 3-bedroom/1-bathroom unit. The property is currently generating $9,150 in gross monthly rental income, with one studio vacant and additional income available upon lease-up. Conveniently located near downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, Federal Flats offers immediate cash flow with further upside through stabilization and future rent growth.

THE DETAILS

Property details

List Price$1,500,000
Price / Unit$375,000
Units4
Cap Rate5.90%
Gross Income$137,875/yr
Net Operating Income$88,466
Inside Sq Ft3,112
Year Built1924
ConstructionFrame
FlooringWood
ZoningMU-E (city)
Property TypeQuadruplex
MLS #B26053891
StatusActive
Original List Price$1,500,000
GRM10.9
Tenant PaysCable TV, Electricity
Stories1
Show all details (6 more)
Lot Size0.31 acres
WaterfrontNo
Days on Market0
Annual Taxes$19,428
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

Request a showing

Schedule in 60 seconds · Cancel Anytime
SELECT DATE

Monthly payment


Estimated monthly payment
MORE AT THIS BUILDING

Similar residences

BeachesMLSListing courtesy of Home Sold Realty LLC · homesoldrealty@gmail.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.