Basic Information

  • MLS # B26053891
  • Type Condominium
  • Status Active
  • Subdivision/Complex Lake Worth Town Of
  • Year Built 1924
  • Total Sqft 3,112
  • Date Listed 07/18/2026
  • Days on Market 96
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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Frame, Stucco
  • Parking Description
  • Exterior Features None
  • Roof Description Metal
  • Style Condominium

Interior Features

  • Adjusted Sqft 3,112Sq.Ft
  • Cooling Description None
  • Floor Description Hardwood, Wood
  • Heating Description Central
  • Sqft 3,112Sq.Ft

Property Features

  • Address 131 S Federal Hwy
  • Aprox. Lot Size 13,520
  • Architectural Style One Story, Fourplex
  • Construction Materials Frame, Stucco
  • County Palm Beach
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional, Fha203k, F H A
  • Lot Features Less Than One Acre, Quarter To Half Acre Lot
  • Pets Allowed No
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Lake Worth Beach
  • Public Survey Section One
  • Public Survey Township 38
  • Roof Metal
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Lake Worth Town Of
  • Tax Amount $19,428
  • Tax Legal desc TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
  • Tax Year 2025
  • Terms Considered Cash, Conventional, Fha203k, F H A
  • Type of Property Condominium
  • Water Source Public
  • Window Features Blinds
  • Year Built Details Resale

131 S Federal Hwy

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