3 months on rocket

215 N Federal Hwy Unit 1, Lake Worth Beach, FL, 33460

$1,495,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,814 SqFt
$531/SqFt
Multi
Schools Nearby

Location

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215 N Federal Hwy Unit 1, Lake Worth$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1921
CoolingCeiling Fan(s), Window Unit(s)
WaterfrontNone
ViewGarden
MLS #RX-10950180
StatusActive

About 215 N Federal Hwy Unit 1

Rare opportunity to live and work in a commercially zoned single family home and pay your mortgage with the income from three units in the back building! The main house is a large 3BD/1BA with three 2BD/1BA units located in the rear two-story building. This is a turn-key investment property sold fully equipped and furnished. There is a huge fenced outdoor patio and dining area, common area laundry/storage facility, and two driveways. Colorful murals painted by a local artist add to the laid back charm. Great downtown location with plenty of parking! Lake Worth Beach is a beach lovers destination with public amenities including a pier, restaurants, parking, and many beach services. Close to everything including PBI airport and West Palm Beach. This is a must see!

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 2
  • Living Area: 2,814 SqFt

Listing Office:

  • Office Name: Acquire Palm Beach LLC
  • Office Phone: (561) 279-3333
  • Listing Agent: Michael S Cuevas

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl Floor, Wood Floor

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Auto Sprinkler, Extra Building, Fence, Open Balcony, Open Porch

Virtual/3D Tour

  • Virtual Tour: 215 N Federal Hwy Unit 1

Virtual Tour

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Window Unit(s)

School Info

Assigned Schools Information:

  • Lake Worth High School, Public Magnet Grades 9-12
  • Lake Worth Middle School, Public Magnet Grades 6-8
  • North Grade Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: From I95 take 10th Ave N exit east to Federal Highway and turn right. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $531/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lake Worth, FL.

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Lake Worth, FL

City

Med. Sold Price

$452.4K

Med. Price/SqFt

$270

Avg. Days On Market

49

# of Sold Homes

145

215 N Federal Hwy Unit 1 vs Lake Worth

104 DAYS ON ROCKET

+55 Days

$1,495,000

+$1.0M More

$531/SqFt

+$260 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $260/SqFt more than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10950180

Listing Office:

  • Office Name: Acquire Palm Beach LLC
  • Office Phone: (561) 279-3333
  • Listing Agent: Michael S Cuevas

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2254886
6
/10

  • North Grade Elementary School

  • 824 N K St

  • 0.53 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2254887
1
/10

  • Lake Worth Middle School

  • 1300 Barnett Dr

  • 1.47 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2254888
2
/10

  • Lake Worth High School

  • 1701 Lake Worth Rd

  • 0.88 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,167. The majority of Lake Worth, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›215 N Federal Hwy Unit 1

This home is located at 215 N Federal Hwy Unit 1 in Lake Worth Beach, FL and zip code 33460 in the Mango Groves neighborhood. This 2,814 square foot home was built in 1921. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $1,495,000.

While more than 17 listings in Lake Worth, FL in March 2024 were sold above asking price, there were more than 34 listings sold at asking price, and more than 94 were sold below. The number of homes for sale in Lake Worth, FL increased by 10.1% between February 2024 and March 2024. In March 2024 median list price was $452,421 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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