$750,000
$799,900
6.2%For more information regarding the value of a property, please contact us for a free consultation.
1625 S Federal Hwy Lake Worth, FL 33460
1,806 SqFt
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,806 sqft
Price per Sqft $415
Subdivision Blackwell Park Rev Pl
MLS Listing ID A11433638
Sold Date 11/03/23
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1950
Annual Tax Amount $6,705
Tax Year 2022
Contingent No Contingencies
Property Description
Quadplex in Lake Worth featuring four, one-bed/one-bath units split between two one-story buildings, built in 1950 with concrete block construction and a rolled roof (2006). Both buildings feature GE & Square D panels (2020), copper supply pipes (2018/2023), mini split AC’s (2021), & impact doors. The building is separately metered for electricity, the owner pays for water. Unit 2 is fully furnished and being run as a short term rental. This Quadplex is located 5 minutes from the beach and less than a mile from Lantana Rd featuring easy access to Lantana Airport, Lost City Golf Club, Sport Complex, Publix, Costco, Home Depot, and well-known restaurants. Excellent opportunity for an owner occupant or investor to purchase a stable, cash flowing asset in a great area, with tremendous upside.
Location
State FL
County Palm Beach County
Community Blackwell Park Rev Pl
Area 5610
Direction Continue on W Lantana Rd and turn onto 17th Ave S
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Exterior
Exterior Feature Security/High Impact Doors
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Composition
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Stucco
Construction Status Effective Year Built
Others
Tax ID 38434434040000140
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Elite Sales Group