215 N  Federal Hwy #1, Lake Worth, FL 33460
FOR SALE

215 N Federal Hwy #1
Lake Worth, FL 33460

Mango Groves
  • 9 Beds
  • 4 Baths
  • 2,814 sqft
  • 9 Beds
  • 4 Baths
  • 2,814 sqft

$1,495,000

Est. Mortgage $9,061/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Rare opportunity to live and work in a commercially zoned single family home and pay your mortgage with the income from three units in the back building! The main house is a large 3BD/1BA with three 2BD/1BA units located in the rear two-story building. This is a turn-key investment property sold fully equipped and furnished. There is a huge fenced outdoor patio and dining area, common area laundry/storage facility, and two driveways. Colorful murals painted by a local artist add to the laid back charm. Great downtown location with plenty of parking! Lake Worth Beach is a beach lovers destination with public amenities including a pier, restaurants, parking, and many beach services. Close to everything including PBI airport and West Palm Beach. This is a must see!

Home Highlights

Parking
1 Carport Spaces
Outdoor
Porch, Patio
View
Garden
HOA
None
Price/Sqft
$531
Listed
14 days ago

Home Details for 215 N Federal Hwy #1

Interior Features

Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 2814 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer, Range - ElectricDishwasherDisposalDryerLaundry: In Unit,LaundryMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Window/WallHas CoolingAir Conditioning: Ceiling Fan(s),Wall/Window Unit(s),A/C UnitHas HeatingHeating Fuel: Window Wall
Gas & Electric
Electric: Separate Electrical MetersNo Electric on Property
Windows, Doors, Floors & Walls
Flooring: Tile, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Tile, Vinyl, Wood
View
Has a ViewView: Garden
Security
Security: Smoke Detector(s), Smoke Detector

Exterior Features

Exterior Home Features
Roof: Tar GravelPatio / Porch: Open Porch, PatioFencing: FencedOther Structures: Extra BuildingExterior: Auto Sprinkler, Open BalconyNo Private Pool
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 1Parking: Attached Carport,Space Parking
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 1921
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: FrameNot a New ConstructionAttached To Another Structure
Property Information
Condition: ResaleParcel Number: 38434421150440130

Price & Status

Price
List Price: $1,495,000Price Per Sqft: $531

Active Status

MLS Status: Active

Location

Direction & Address
City: Lake Worth BeachCommunity: Lake Worth Beach
School Information
Elementary School: North Grade Elementary SchoolJr High / Middle School: Lake Worth Community MiddleHigh School: Lake Worth High School

Agent Information

Listing Agent
Listing ID: RX-10950180

Building

Building Area
Building Area: 4237 Square Feet

Community

Community Features: None

HOA

Association for this Listing: Beaches MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 6504 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Transaction Broker Commission: 2.5%
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: None

Rental

Are Units Furnished: All Units

Miscellaneous

Mls Number: RX-10950180

Additional Information

None
Last check for updates: about 2 hours ago
Listing courtesy of Michael Cuevas, (561) 578-2320
Acquire Palm Beach LLC
Cynthia Nalley, (561) 309-7770
Acquire Palm Beach LLC
Originating MLS: Beaches MLS
Source: BeachesMLS, MLS#RX-10950180

Price History for 215 N Federal Hwy #1

DatePriceEventSource
01/15/2024$1,495,000Listed For SaleBeachesMLS #RX-10950180
10/01/2018$475,000Sold
N/A
01/05/2017$429,900ListingRemovedAgent Provided
12/30/2016$429,900PriceChange
Agent Provided
11/29/2016$449,000Listed For SaleAgent Provided
05/03/2016$459,000ListingRemovedAgent Provided
04/15/2016$459,000PriceChange
Agent Provided
02/05/2016$479,800PriceChange
Agent Provided
11/05/2015$500,000Listed For SaleAgent Provided
08/29/2013$170,000Sold
N/A
12/08/2012$175,000ListingRemovedAgent Provided
02/01/2012$175,000Listed For SaleAgent Provided
05/01/2009$295,000ListingRemovedAgent Provided
10/19/2008$295,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2022
Tax$7,214
Assessment$251,214
Home facts updated by county records

Comparable Sales for 215 N Federal Hwy #1

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.36
Multi-Family Home
$750,000
08/08/23
6
4
2,481
0.37
Multi-Family Home
$657,700
08/14/23
4
4
2,606
0.55
Multi-Family Home
$650,000
12/22/23
8
4
2,744
0.53
Multi-Family Home
$500,000
08/22/23
6
3
2,206
0.35
Multi-Family Home
$720,000
06/09/23
3
4
1,937
0.56
Multi-Family Home
$690,000
01/16/24
6
3
2,700
0.42
Multi-Family Home
$562,500
05/10/23
3
5
2,064
0.33
Multi-Family Home
$1,270,000
08/16/23
6
4
2,712

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mango Groves

  • Trulia User
    "I living in mango grove and never had problems, it’s very safe and friendly neighbors. Lake Worth is very walkable with interesting houses and yards. "
    1
    Flag
  • Lindafaith111
    "It’s a great neighborhood with friendly people, a 10 minute walk to the downtown and a ten minute bike ride to the beach. Truly a special place."
    6
    Flag
  • Ianlutz561
    "It is less than a mile from the beach and only a few blocks away from the downtown area. It is the last "beach town" on the East coast of South Florida "
    0
    Flag
  • justam50
    "Wonderful neighborhood and neighbors!!"
    0
    Flag
  • David
    "You won't find a better location than Downtown Lake Worth, lots and lots of restaurants, cafes, shopping of all kinds, and just a 8 minute drive to the beautiful, newly renovated Lake Worth Beach and Casino. It truly is where the tropics begin......"
    0
    Flag
  • justam50
    "This is a wonderful area so close to everything, walking, driving, or biking. The neighbors and neighborhood are both wonderful. What a jewel in the rough I was able to find and bring back to it's glory."
    0
    Flag
  • hertagflores
    "This area is a very quiet and safe area, friendly, pet lover."
    0
    Flag

LGBTQ Local Legal Protections

Michael Cuevas, Acquire Palm Beach LLC
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
215 N Federal Hwy #1, Lake Worth, FL 33460 is a 9 bedroom, 4 bathroom, 2,814 sqft multi-family built in 1921. 215 N Federal Hwy #1 is located in Mango Groves, Lake Worth. This property is currently available for sale and was listed by BeachesMLS on Apr 13, 2024. The MLS # for this home is MLS# RX-10950180.