923 N Federal Hwy

Lake Worth Beach, FL 33460
  • $449,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 592

    SqFt
  • 0.16

    Acre

About the Listing 276539548 - 276537834

Excellent Income-Producing Investment Opportunity with Room to Increase Rents! Legal duplex property featuring 3 separate rental units, including two charming 1-bedroom, 1-bathroom cottages and an additional studio unit. Currently generating steady rental income, with the two 1-bedroom units renting for $1,500 and $1,350 per month, and the studio renting for $1,350 per month, for a total monthly rental income of $4,200 ($50,400 annually). There is additional potential to increase rents and maximize your return on investment! The property features frame construction, freshly painted interiors and exteriors, and a roof in good condition. Each unit offers comfortable living spaces with plenty of charm. Additional highlights include separate water and electric meters, on-site laundry

Listing Highlights for 923 N Federal Hwy

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® B26096155
Year Built 1925
Total Square Footage 592
Lot/Acreage 0.16
County Palm Beach
Area 5600
Elementary School North Grade K-8
Middle School Lake Worth
High School Lake Worth

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Wall/Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor: Tile
  • Basement:
  • Other: Pets Allowed
  • Water: Multiple Meters,Public

Exterior Details

  • Lot Description: < 1/4 Acre,Outbuilding
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 0.1550 ACRES
  • Zoning: MU-FH (city)
  • Roof: Composition
  • Others: Courtyard,Outdoor Living Area,Uncovered Courtyard
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $5,960
  • Taxes w/Assessments: $217,348
  • Tax/Property ID: 38434421152860110
  • Tax Year: 2025

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Listing Location

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923 N Federal Hwy Lake Worth Beach, FL 33460

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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