Quadruplex

131 S FEDERAL Highway

131 S FEDERAL Highway, FL 33460 Get directions

$1,425,000

For Sale

Price cut: $75,000 (−5.0%)

3,112 SqFt

See estimated monthly cost

This listing is courtesy of Home Sold Realty LLC. Camilo De la Cruz Perez

Overview

Federal Flats in Lake Worth Beach is a renovated 5-unit multifamily property featuring three studio apartments, one 1-bedroom/1-bathroom unit, and one spacious 3-bedroom/1-bathroom unit. The property is currently generating $9,150 in gross monthly rental income, with one studio vacant and additional income available upon lease-up. Conveniently located near downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, Federal Flats offers immediate cash flow with further upside through stabilization and future rent growth.

Facts & features

Interior

Living area (sq ft): 3,112

Building & exterior

Year built: 1924
Lot size (sq ft): 13,520

East Of Us1
None

HOA (homeowners association)

See Broker Remarks
Yes

Taxes

Annual tax: $19,428
Tax year: 2025
Parcel number: 38434421150430150

Assigned schools

Elementary: South Grade
Middle: Lake Worth Community Middle
High: Lake Worth

Listing

MLS number: B26053891
Property type: Quadruplex
Price per SqFt: $458
Subdivision: LAKE WORTH TOWN OF
On market since: Jul 18, 2026
Days on market: 87

Price history

Date	Event	Price	Change
Jul 18, 2026	Listed	$1,500,000	—
Oct 13, 2026	Price change	$1,425,000	−$75,000 (−5.0%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$9,893 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $7,206
Property tax: $1,619
Insurance (estimated): $1,069

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

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