923 N FEDERAL HWY Lake Worth Beach, FL 33460
592 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 592 sqft
Price per Sqft $758
Subdivision Lake Worth Town Of
MLS Listing ID B26096155
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 592
Year Built 1925
Annual Tax Amount $5,959
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Legal duplex property featuring 3 separate rental units, including two charming 1-bedroom, 1-bathroom cottages and an additional studio unit. Currently generating steady rental income, with the two 1-bedroom units renting for $1,500 and $1,350 per month, and the studio renting for $1,350 per month, for a total monthly rental income of $4,200 ($50,400 annually). There is additional potential to increase rents and maximize your return on investment! The property features frame construction, freshly painted interiors and exteriors, and a roof in good condition. Each unit offers comfortable living spaces with plenty of charm. Additional highlights include separate water and electric meters, on-site laundry
Location
State FL
County Palm Beach
Area 5600
Zoning MU-FH (city)
Rooms
Other Rooms Outbuilding
Interior
Interior Features InteriorFeatures
Heating Other
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Tile
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Courtyard, Outdoor Living Area, Uncovered Courtyard
Utilities Available Cable Available, Electricity Available, Sewer Connected, Water Available
Waterfront Description None
View Y/N Yes
Water Access Desc Multiple Meters,Public
View Other
Roof Type Composition
Street Surface Alley Paved
Accessibility None
Road Frontage City Street
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Dwelling Type Duplex
Story 1
Entry Level One
Sewer Public Sewer
Water Multiple Meters, Public
Level or Stories One
Additional Building Outbuilding
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools North Grade K-8
Middle Schools Lake Worth
High Schools Lake Worth
Others
Senior Community No
Restrictions No Restrictions,OK To Lease
Tax ID 38434421152860110
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard, Listed As-Is
Pets Allowed No Pet Restrictions, Yes
Virtual Tour https://www.propertypanorama.com/923-N-FEDERAL-Highway-Lake-Worth-Beach-FL-33460/unbranded
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