Multifamily For Sale
1001 S Federal Highway, ,, FL 33460

$1,940,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:B26053945
  • Virtual Tour: YES
  • List Price: $1,940,000
  • Taxes:$24,018
  • Year Built:1958
  • Listing Date:July 18, 2026
  • Days On Market:19
  • Total Units:8

Description


Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.

Features


  • Floor:Hardwood, Wood
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker