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Sold for $1,050,000
  • $1,050,000

    331 S Federal Highway, Lake Worth Beach, FL 33460

    8beds
    6baths
    3,773sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1928
    -- sqft lot
    $1,230,600 Zestimate®
    $278/sqft
    $2,036 Estimated rent

    Home value

    $1,230,600

    $1.05M - $1.45M

    $2,036/mo

    Zestimate® history
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    $2,036/mo

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    $7,220/mo

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    $7,220/mo

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    What's special

    This Spanish-style single family home is a great investment property with tremendous rental potential, currently operated as an AIRBNB. Located on a corner lot, the property features a main house with 5 bedrooms, 3 bathrooms, and a den. The hardwood floors have been refinished, and new tile floors and showers have been installed. In addition to the main house, the property also includes a detached ''garage apartment'' that has been converted into an expansive loft-style room with a private bath and kitchen. The property also includes a separate duplex with two 1 bedroom, 1 bathroom apartments. Both units have been updated in recent years. The duplex has shared laundry facilities. Each unit has separate electric meters, while all units share a water meter. Great addition to any portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nydia Pino 954-804-4971,

    Realty ONE Group Innovation,

    Toni Nichole Hanlon 561-385-3150,

    Realty ONE Group Innovation

    Bought with:

    Lynne H Gewant, 3075809

    Coldwell Banker Realty /Delray Beach

    Source: BeachesMLS,MLS#: R10888311MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Dryer Hookup, Outside
    Features
    • Flooring: Ceramic Tile, Laminate, Wood
    Interior area
    • Total structure area: 4,313
    • Total interior livable area: 3,773 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Garden, Other
    • Waterfront features: None
    Lot
    • Size: 10,393 Square Feet
    • Dimensions: 100.0 ft x 0.0 ft
    • Features: < 1/4 Acre
    Details
    • Parcel number: 38434421151090151
    • Zoning: MU-FH(
    • Special conditions: Corporate Listing,Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Block, Frame, Stucco
    • Roof: Barrel,Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1928

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: LAKE WORTH TOWN OF
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $858,517
    • Annual tax amount: $12,606
    • Date on market: 12/11/2023
    • Cumulative days on market: 222 days
    • Listing terms: Cash,Conventional,FHA
    • Tenant pays: Cable TV, Electricity

    Price history

    DateEventPrice
    4/22/2025Listing removed$4,000$1/sqft
    Source: Zillow Rentals Report a problem
    3/9/2025Price change$4,000+5.3%$1/sqft
    Source: Zillow Rentals Report a problem
    3/8/2025Price change$3,800-10.6%$1/sqft
    Source: BeachesMLS #R11046463 Report a problem
    2/18/2025Price change$4,250-3.4%$1/sqft
    Source: BeachesMLS #R11046463 Report a problem
    2/10/2025Price change$4,400-2.2%$1/sqft
    Source: BeachesMLS #R11046463 Report a problem
    1/22/2025Price change$4,500-5.3%$1/sqft
    Source: BeachesMLS #R11046463 Report a problem
    1/19/2025Price change$4,750-5%$1/sqft
    Source: BeachesMLS #R11046463 Report a problem
    12/30/2024Listed for rent$5,000$1/sqft
    Source: BeachesMLS #R11046463 Report a problem
    2/28/2024Sold$1,050,000-4.5%$278/sqft
    Source: BeachesMLS #R10888311 Report a problem
    10/23/2023Price change$1,099,000-7.6%$291/sqft
    Source: BeachesMLS #RX-10888311 Report a problem
    7/11/2023Price change$1,190,000-4.7%$315/sqft
    Source: BeachesMLS #RX-10888311 Report a problem
    6/27/2023Price change$1,249,000-3.8%$331/sqft
    Source: BeachesMLS #RX-10888311 Report a problem
    5/19/2023Listed for sale$1,299,000+1588.9%$344/sqft
    Source: BeachesMLS #RX-10888311 Report a problem
    4/18/2013Sold$76,914$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,758 +24.5%$858,517 +50.2%
    2024$16,670 +15.3%$571,480 +10%
    2023$14,454 +14.7%$519,527 +10%
    2022$12,606 +6.1%$472,297 +10%
    2021$11,884 +5.9%$429,361 +7.7%
    2020$11,221 +0.4%$398,632 +0.9%
    2019$11,181 $394,990 +9.5%
    2018$11,181 +9.9%$360,734 +0.7%
    2017$10,171 +4.4%$358,249 +17.6%
    2016$9,740 +8.5%$304,567 +10%
    2015$8,980 +11.8%$276,879 +5.8%
    2014$8,034 +338.2%$261,636 +12%
    2013$1,833 -0.8%$233,647 -7.4%
    2012$1,848 +0.9%$252,221 +10%
    2011$1,831 +1.4%$229,292 -4.2%
    2010$1,805 -70.3%$239,294 +2.8%
    2009$6,073 -6.5%$232,733 -22.6%
    2008$6,493 +4.2%$300,859 -1%
    2007$6,234 $303,756 +19%
    2005-- $255,302 +71.7%
    2004$2,076 +561.1%$148,700 +9.3%
    2003$314 -89.1%$136,067 +11.7%
    2002$2,884 +7.5%$121,766 +9.6%
    2000$2,682 +18.9%$111,109 +0.9%
    1999$2,256 $110,066
    Find assessor info on the county website

    Neighborhood: Downtown Jewel

    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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    Estimated market value
    $1,230,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,230,600