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131 S FEDERAL Highway, Lake Worth Beach, FL 33460
Price reducedBeachesMLS
Price reducedMLS® B26053891
$1,425,000

↓ Price reduced $75,000 on Sep 24, 2026

131 S FEDERAL Highway, Lake Worth Beach, FL 33460

Beds
—
Baths
0
Sqft
3,112
Est. payment$9,726/mo
Home type
Quadruplex
Year built
1924
Lot size
13,504 sqft
Price / sqft
$458
HOA
$0/mo
Community
LAKE WORTH TOWN OF

Property description

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.

Listing activity

Days on market
68
Listed
Jul 18, 2026
MLS listing updated
Sep 24, 2026
Feed last checked
9 minutes ago

Listed by Camilo De la Cruz Perez · Home Sold Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Wood
Window features
Blinds
Other equipment
None

Heating & cooling

Heating
Central
Cooling
None
Property

Exterior

Stories
1
Building area
3,112 sqft
Exterior features
None
Other structures
Other
Pool
No
Waterfront
None
Waterfront property
No
Spa
No

Lot

Lot size
13,504 sqft
Lot size (acres)
0.31 acres
Zoning
MU-E (city)
Road surface
Asphalt
Road frontage
East of US-1
Road responsibility
Public Maintained Road
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family, Quadruplex
Year built
1924
New construction
No

Materials

Construction
Frame
Roof
Metal
Property condition
Updated/Remodeled, Resale
Levels
One
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA

Community

Subdivision
LAKE WORTH TOWN OF
MLS area
5610
MLS subarea
PB16
Pets allowed
Yes, No Restrictions
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Rental information

Tenant pays
Cable TV, Electricity
Location

Area details

City
Lake Worth Beach
County
Palm Beach
ZIP code
33460
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26053891
Possession
Close Of Escrow
Original list price
$1,500,000
Parcel number
38434421150430150
Annual property tax
$19,428.05
Tax year
2025
Assessed value
$772,580
Tax legal description
TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
3112
Construction Materials
Frame
County Or Parish
Palm Beach
Days On Market
68
Elementary School
South Grade
High School
Lake Worth
List Price
1425000
Listing Contract Date
2026-07-18
Living Area
3112
Lot Size Acres
0.31
Lot Size Area
13520
MLSArea Major
5610
MLSArea Minor
PB16
Middle Or Junior School
Lake Worth
Mls Status
Active
On Market Date
2026-07-18
Photos Count
16
Postal Code
33460
Price Change Timestamp
2026-09-24T20:10:06Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Road Frontage Type
East of US-1
Road Surface Type
Asphalt
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-18T16:18:32Z
Stories Total
1
Subdivision Name
LAKE WORTH TOWN OF
Tax Assessed Value
772580
Water Source
Public
Waterfront Features
None
Tax Annual Amount
19428.05
Pool Private
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 18, 2026ListedBeachesMLS$1,500,000$482/sqft
Sep 24, 2026Price reducedBeachesMLS$1,425,000$458/sqft

Public tax history

YearProperty taxesAssessment
2025$19,428$772,580

Payment calculator

Estimated monthly payment$9,726/moIllustrative estimate, not a loan offer.
Principal & interest
$7,394
Property taxes
$1,619
Insurance
$713
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LAKE WORTH TOWN OF

Lake Worth Beach · Palm Beach County · 33460

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

South GradeElementary
—
Lake WorthMiddle
—
Lake WorthHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of Home Sold Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.

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