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For sale
    • $1,500,000

    131 S FEDERAL Highway, Lake Worth Beach, FL 33460

    6beds
    4baths
    3,112sqft
    : 
    $10,214/mo
    Get pre-qualified
    Quadruplex, Multi Family, Multi Family
    Built in 1924
    -- sqft lot
    $1,419,100 Zestimate®
    $482/sqft
    $-- HOA

    What's special

    Three studio apartments
    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.
    23 days
    |
    166
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Camilo De la Cruz Perez 833-700-2782,

    Home Sold Realty LLC

    Source: BeachesMLS,MLS#: B26053891MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • None
      Features
      • Flooring: Wood
      • Windows: Blinds
      Interior area
      • Total structure area: 3,112
      • Total interior livable area: 3,112 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: None
      • Waterfront features: None
      Lot
      • Size: 0.31 Acres
      • Features: 1/4 to 1/2 Acre Lot
      Details
      • Additional structures: Other
      • Parcel number: 38434421150430150
      • Zoning: MU-E (city)
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family, Multi Family
      Materials
      • Frame
      • Roof: Metal
      Condition
      • Resale,Updated/Remodeled
      • New construction: No
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: LAKE WORTH TOWN OF
      HOA
      • Has HOA: No
      Location
      • Region: Lake Worth

      Financial & listing details

      • Price per square foot: $482/sqft
      • Tax assessed value: $772,580
      • Annual tax amount: $19,428
      • Date on market: 7/18/2026
      • Listing terms: Cash,Conventional,FHA
      • Tenant pays: Cable TV, Electricity
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $1,419,100

        $1.35M - $1.49M

        $2,274/mo

        Price history

        DateEventPrice
        7/18/2026Listed for sale$1,500,000+18.1%$482/sqft
        Source: BeachesMLS #B26053891 Report a problem
        5/28/2025Listing removed$3,000$1/sqft
        Source: BeachesMLS #R11077505 Report a problem
        4/2/2025Listed for rent$3,000+50%$1/sqft
        Source: BeachesMLS #R11077505 Report a problem
        8/11/2023Sold$1,270,000-8.6%$408/sqft
        Source: BeachesMLS #R10889844 Report a problem
        5/15/2023Listed for sale$1,390,000+224%$447/sqft
        Source: BeachesMLS #RX-10889844 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/31/2018Listing removed$2,000$1/sqft
        Source: Owner Report a problem
        5/18/2018Price change$2,000+42.9%$1/sqft
        Source: Owner Report a problem
        3/5/2018Listed for rent$1,400-30%
        Source: Owner Report a problem
        11/9/2017Listing removed$2,000$1/sqft
        Source: Owner Report a problem
        8/17/2017Listed for rent$2,000$1/sqft
        Source: Owner Report a problem
        1/19/2016Listing removed$429,000$138/sqft
        Source: Jupiter, Tequesta, Hobe Sound Association of Realtors #RX-10198974 Report a problem
        1/16/2016Listed for sale$429,000$138/sqft
        Source: Jupiter, Tequesta, Hobe Sound Association of Realtors #RX-10198974 Report a problem
        12/1/2015Listing removed$429,000$138/sqft
        Source: Douglas Elliman Report a problem
        11/24/2015Price change$429,000-8.5%$138/sqft
        Source: Douglas Elliman Report a problem
        9/17/2015Price change$469,000-4.1%$151/sqft
        Source: Douglas Elliman Report a problem
        4/1/2015Listed for sale$489,000+180.5%$157/sqft
        Source: Douglas Elliman Report a problem
        8/31/2012Sold$174,350$56/sqft
        Source: BeachesMLS #F1193706 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown Jewel

        Getting around

        89 / 100
        Very Walkable
        94 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: South Grade
        • Middle: Lake Worth
        • High: Lake Worth

        Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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