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215 S Federal Highway , Front & Back

Lake Worth Beach, FL 33460
  • $699,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: RX-11037277
UPDATED: 62 min ago
$699,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,257
    SQFT
  • $310
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Description

Two separate buildings on opposite sides of the nearly 7000 sq ft lot with plenty of parking between. Listing may include virtually enhanced photos. Zoning MU-E MIXED USE EAST (38-LAKE WORTH BEACH) (see Documents for all Property Records) makes it even more versatile. Front is a big 3 bed 1 bath historic, updated to Period with a fireplace & other charming features.Back is concrete 2 bed, 1.5 baths, with 2 inch thick granite countertops, completely remodeled. Lake Worth Beach has its own power generation and RO water treatment plant; you can drink out of the taps. Currently at an annual GRI of $49,680.00 (annual leases; could easily be more than tripled for short term Rentals. 3 blocks from the Intracoastal Waterway and bridge to the beach! Leave the car at home and LOVE WHERE YOU LIVE!

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www.evluxuryrealestate.com/homes/157892925
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215 S Federal Highway , Front & Back Lake Worth Beach, FL 33460

  • Price: $699,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 62 min ago
  • ID#: RX-11037277
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,257
SQFT
$310
$/SQFT
1926
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Two separate buildings on opposite sides of the nearly 7000 sq ft lot with plenty of parking between. Listing may include virtually enhanced photos. Zoning MU-E MIXED USE EAST (38-LAKE WORTH BEACH) (see Documents for all Property Records) makes it even more versatile. Front is a big 3 bed 1 bath historic, updated to Period with a fireplace & other charming features.Back is concrete 2 bed, 1.5 baths, with 2 inch thick granite countertops, completely remodeled. Lake Worth Beach has its own power generation and RO water treatment plant; you can drink out of the taps. Currently at an annual GRI of $49,680.00 (annual leases; could easily be more than tripled for short term Rentals. 3 blocks from the Intracoastal Waterway and bridge to the beach! Leave the car at home and LOVE WHERE YOU LIVE!
Exterior Features

Carport Spaces 0.00 Construction BlockFrame Exterior Features Room for Pool Lot Description Freeway AccessPublic RoadSidewalks Lot Dimensions approx 51' x 136.5' Private Pool YN No Roof Comp ShingleTar/Gravel Storm Protection Other Complete Unit1 Parking Space Parking Unit2 Parking Space Parking View City Water Frontage 3 BLKS TO ICW! Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring TileVinyl FloorWood Floor Heating Central Unit1 Bedrooms 3 Unit1 Desc DryerElectric MeterRange - ElectricRefrigeratorStack BedroomsVolume CeilingWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1377 Unit2 Bedrooms 2 Unit2 Desc DryerElectric MeterMicrowaveRange - ElectricRefrigeratorWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 1 Unit2 Sq Ft 880

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info LeasesService Contracts Built Desc Resale Gated Community No Gross Operating Income 49680.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes None Multifamily Type Duplex Possession Funding REO No Restrictions Historic DesignationLease OK Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Sq Ft Total 2257.00 Subdivision Amenities Bike - JogFitness TrailSidewalksStreet Lights Tax Amount 8263.00 Tax Year 2023 Taxes City/County Tenant Pays CableElectricGas Terms Considered CashConventionalExchange Unit1 Lease Ends 2025-08-05 Unit1 Monthly Income 2145.00 Unit2 Monthly Income 1995.00 Utilities ElectricGas NaturalPublic SewerPublic Water Zoning MU-E--MIXED USE

Listing provided courtesy of Coldwell Banker-Boynton Beach: . Listing information © 2024 BeachesMLS
 
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Thomas Kane | TrustLarry Real Estate
3111 Bayview Drive
Fort Lauderdale FL, 33306