Rare opportunity to own a 5 unit apartment building in Lake Worth Beach, FL. 3 Studio and two 1/1 apartments, all with tile floors. New roof in 2020. Impact rated entry doors and accordion hurricane shutters on all windows. Laundry room with coin op washer and dryer. One gas hot water heater serves all apartments. Tenants pay for electric. Wall a=c in studios and central a/c in 1/1’s. Property is under termite bond and an assumable flood insurance policy. Off street tenant parking, super location and fresh exterior paint make this a great investment. Monthly rents are $5900.
Sold for $800,000
Street View
$800,000
731 N Federal Hwy, Lake Worth, FL 33460
5beds
3,186sqft
MultiFamily
Built in 1955
-- sqft lot
$871,300 Zestimate®
$251/sqft
$1,891 Estimated rent
Home value
$871,300
$784,000 - $985,000
$1,891/mo
Zestimate® history
Owner options
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$1,891/mo
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$1,891/mo
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$5,499/mo
Est. payment
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$5,499/mo
Est. payment
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List your homeWhat's special
New roofLaundry roomSuper locationTile floorsFresh exterior paint
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced air
Cooling
- Wall
Appliances
- Included: Refrigerator
Features
- Flooring: Tile
Interior area
- Total interior livable area: 3,186 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 6,751 Square Feet
Details
- Parcel number: 38434421152220090
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Other
Condition
- Year built: 1955
Community & HOA
Community
- Features: On Site Laundry Available
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $365,519
- Annual tax amount: $10,428
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2024 | Sold | $800,000-13.5%$251/sqft |
Source: Public Record Report a problem | ||
| 3/7/2024 | Listed for sale | $925,000+293.6%$290/sqft |
Source: Owner Report a problem | ||
| 4/29/2017 | Listing removed | $750 |
Source: The Corcoran Group #RX-10308245 Report a problem | ||
| 4/26/2017 | Price change | $750-5.7% |
Source: The Corcoran Group #RX-10308245 Report a problem | ||
| 3/25/2017 | Price change | $795-3.6% |
Source: The Corcoran Group #RX-10308245 Report a problem | ||
| 2/15/2017 | Listed for rent | $825+17.9% |
Source: The Corcoran Group #RX-10308245 Report a problem | ||
| 4/16/2013 | Listing removed | $700 |
Source: Wise Buy Realty & Investments #R3351838 Report a problem | ||
| 3/13/2013 | Listed for rent | $700 |
Source: Wise Buy Realty & Investments #R3351838 Report a problem | ||
| 7/22/2003 | Sold | $235,000+104.3%$74/sqft |
Source: Public Record Report a problem | ||
| 8/21/1998 | Sold | $115,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,428 +39.2% | $365,519 +74% |
| 2024 | $7,489 +7.8% | $210,015 +10% |
| 2023 | $6,945 +14.1% | $190,923 +10% |
| 2022 | $6,085 +5.1% | $173,566 +10% |
| 2021 | $5,787 +3% | $157,787 +5.4% |
| 2020 | $5,620 +1.6% | $149,749 +2.1% |
| 2019 | $5,531 | $146,710 +8.5% |
| 2018 | $5,531 +6.8% | $135,183 +2.1% |
| 2017 | $5,179 +0.3% | $132,347 +2.1% |
| 2016 | $5,161 +2% | $129,646 +4.4% |
| 2015 | $5,058 +3.4% | $124,155 +5.7% |
| 2014 | $4,890 +5.5% | $117,488 +10.3% |
| 2013 | $4,636 -3.5% | $106,484 -5.3% |
| 2012 | $4,806 -8% | $112,502 -11.9% |
| 2011 | $5,226 -3.4% | $127,672 -6% |
| 2010 | $5,411 -5.9% | $135,772 -12.8% |
| 2009 | $5,749 +25.9% | $155,758 -17.9% |
| 2008 | $4,565 +4% | $189,635 -1.7% |
| 2007 | $4,388 -8.7% | $193,010 -0.2% |
| 2006 | $4,805 | $193,485 +4.2% |
| 2005 | -- | $185,640 +41.8% |
| 2004 | $2,197 +729.1% | $130,930 +32.9% |
| 2003 | $265 -90.4% | $98,515 +4.7% |
| 2002 | $2,763 | $94,055 |
Find assessor info on the county website
Neighborhood: Mango Groves
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Nearby schools
GreatSchools rating
- 5/10North Grade Elementary SchoolGrades: K-8Distance: 0.1 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 1.1 mi
- 3/10Lake Worth Community Middle SchoolGrades: 6-8Distance: 1.3 mi
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Estimated market value
$871,300
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
$871,300
- Florida
- Palm Beach County
- Lake Worth Beach
- 33460
- Mango Groves
- 731 N Federal Hwy
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