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.
For sale
$1,500,000
131 S FEDERAL Highway, Lake Worth Beach, FL 33460
6beds
4baths
3,112sqft
:
Get pre-qualified$9,554/mo
Quadruplex, Multi Family, Multi Family
Built in 1924
-- sqft lot
$1,402,200 Zestimate®
$482/sqft
$-- HOA
What's special
Three studio apartments
- 26 days |
- 193 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Camilo De la Cruz Perez 833-700-2782,
Home Sold Realty LLC
Source: BeachesMLS,MLS#: B26053891
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & 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
$1,402,200
$1.33M - $1.47M
$2,274/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Listed for sale | $1,500,000+18.1%$482/sqft |
Source:  BeachesMLS #B26053891 Report a problem | ||
| 5/28/2025 | Listing removed | $3,000$1/sqft |
Source: BeachesMLS #R11077505 Report a problem | ||
| 4/2/2025 | Listed for rent | $3,000+50%$1/sqft |
Source: BeachesMLS #R11077505 Report a problem | ||
| 8/11/2023 | Sold | $1,270,000-8.6%$408/sqft |
Source: BeachesMLS #R10889844 Report a problem | ||
| 5/15/2023 | Listed for sale | $1,390,000+224%$447/sqft |
Source: BeachesMLS #RX-10889844 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/31/2018 | Listing removed | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 5/18/2018 | Price change | $2,000+42.9%$1/sqft |
Source: Owner Report a problem | ||
| 3/5/2018 | Listed for rent | $1,400-30% |
Source: Owner Report a problem | ||
| 11/9/2017 | Listing removed | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 8/17/2017 | Listed for rent | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 1/19/2016 | Listing removed | $429,000$138/sqft |
Source: Jupiter, Tequesta, Hobe Sound Association of Realtors #RX-10198974 Report a problem | ||
| 1/16/2016 | Listed for sale | $429,000$138/sqft |
Source: Jupiter, Tequesta, Hobe Sound Association of Realtors #RX-10198974 Report a problem | ||
| 12/1/2015 | Listing removed | $429,000$138/sqft |
Source: Douglas Elliman Report a problem | ||
| 11/24/2015 | Price change | $429,000-8.5%$138/sqft |
Source: Douglas Elliman Report a problem | ||
| 9/17/2015 | Price change | $469,000-4.1%$151/sqft |
Source: Douglas Elliman Report a problem | ||
| 4/1/2015 | Listed for sale | $489,000+180.5%$157/sqft |
Source: Douglas Elliman Report a problem | ||
| 8/31/2012 | Sold | $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.Climate risks
Neighborhood: Downtown Jewel
Nearby schools
GreatSchools rating
- 5/10South Grade Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Lake Worth Community Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 0.9 mi
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.
- $--3 bd1 ba1k sqft131 S Federal Hwy #5, Lake Worth, FL 33460Off Market
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- $---- bd1 ba600 sqft131 S Federal Hwy APT 2, Lake Worth, FL 33460Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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