1625 S Federal Hwy, Lake Worth, FL 33460
- $925,000
- 1,806
- SqFt
- List Price
- $925,000
- Price Change
- ▼ $20,000 1782165019
- MLS
- A11975247
- Complex Name
- Blackwell Park Rev Pl
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 1,806
Property Description
Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.
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Additional Information
- Days on Market
- 150
- Style
- Quadruplex, Fourplex
- Special Information
- Substantially Remodeled
- #Parking Spaces
- 6
- Year Built
- 1950
- Development Name
- Blackwell Park Rev Pl
- #Stories
- 1
- Construction Type
- CBS Construction
- Section
- 34
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Listing Courtesy of Elite Sales Group, Contact: