131 S FEDERAL Highway, FL 33460
, FL 33460 · LAKE WORTH TOWN OF
About 131 S FEDERAL Highway, FL 33460
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.
Home Features at 131 S FEDERAL Highway, FL 33460
- Flooring
- Wood
- Heating
- Central
- Cooling
- None
- Architectural Style
- One Story
- Pool Private
- No
- Year Built Details
- Resale
- Property Condition
- Substantially Remodeled, Updated/Remodeled, Completely Renovated
The Building at 131 S FEDERAL Highway, FL 33460
- Building Area Total
- 3112
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
- Pets Allowed
- Yes
Lot, Views & Construction at 131 S FEDERAL Highway, FL 33460
- Lot Features
- 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Less Than 1 Acre
- Lot Size Square Feet
- 13,520
- Waterfront
- No
- View
- No
- Construction Materials
- Frame, Frame With Stucco
- Roof
- Metal, Metal Roof
- Exterior Features
- East Of Us1, None
- Sewer
- Public Sewer, Public Sanitation, Sewer
- Water Source
- Public
- New Construction
- No
Taxes & Public Record for 131 S FEDERAL Highway, FL 33460
- Parcel Number
- 38434421150430150
- Tax Annual Amount
- $19,428
- Tax Year
- 2,025
- Tax Legal Description
- TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
- Zoning
- MU-E (city)
- County Or Parish
- Palm Beach County
Assigned Schools for 131 S FEDERAL Highway, FL 33460
- Elementary School
- South Grade
- Middle School
- Lake Worth Community Middle
- High School
- Lake Worth
School assignments are provided by the listing and should be independently verified.
131 S FEDERAL Highway, FL 33460 at a Glance
Offered for sale in 33460, 131 S FEDERAL Highway is a multi-family home with 0 bathrooms, about 3,112 square feet of living space, dating to 1924. The asking price is $1,425,000, on the market since July 18, 2026, with Home Sold Realty LLC as the listing brokerage. Students here are assigned to South Grade, Lake Worth Community Middle and Lake Worth. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.