How much is 1001 S FEDERAL Highway?

1001 S FEDERAL Highway is listed at $1,899,000, about $505 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 1001 S FEDERAL Highway?

The listing reports net operating income of $121,100 a year, a cap rate of about 6.4% at the $1,899,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 1001 S FEDERAL Highway zoned?

The listing reports zoning of MU-FH (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 1001 S FEDERAL Highway?

The listing reports 3,762 square feet of building.

When was 1001 S FEDERAL Highway built?

1001 S FEDERAL Highway was built in 1958. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 1001 S FEDERAL Highway?

The listing reports annual property taxes of $24,018 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 1001 S FEDERAL Highway?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

1001 S FEDERAL Highway, Lake Worth Beach FL

$1,899,000 · $505 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $1,899,000
Price per sq ft: $505
Building size: 3,762 sq ft
Lot size: 13,504 sq ft
Zoning: MU-FH (city)
Year built: 1958
Units: 8
Stories: 1
Net operating income: $121,100/yr
Cap rate: 6.4%
Tenant pays: Electricity, Interior Electric
Buildings: 2
Parking spaces: 3
Units leased / vacant: 7 leased · — vacant
Parcel ID: 38434427010390090
MLS#: B26053945

001_Cunningham.1 at 1001 S FEDERAL Highway, Lake Worth Beach

002_Cunningham.2 at 1001 S FEDERAL Highway, Lake Worth Beach

003_Cunningham.3 at 1001 S FEDERAL Highway, Lake Worth Beach

004_Cunningham.4 at 1001 S FEDERAL Highway, Lake Worth Beach

005_Cunningham.5 at 1001 S FEDERAL Highway, Lake Worth Beach

006_Cunningham.6 at 1001 S FEDERAL Highway, Lake Worth Beach

007_Cunningham.7 at 1001 S FEDERAL Highway, Lake Worth Beach

008_Cunningham.8 at 1001 S FEDERAL Highway, Lake Worth Beach

About this property

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.

Building Features and Utilities

Electricity Connected
Sewer Connected
Water Connected
CBS

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	6	1 / 6	—	—	—
Efficiency	1	— / 1	—	—	—

7 units.

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income	$199,874/yr
Gross income	$199,874/yr
Property taxes	$24,018/yr
Insurance	$11,542/yr
Maintenance and repairs	$3,200/yr
Management	$9,994/yr
Total operating expenses	$78,775/yr
Net operating income	$121,100/yr
Cap rate at asking price	6.4%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 1001 S FEDERAL Highway

Included: Building, Land

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Home Sold Realty LLC · homesoldrealty@gmail.com · Listing agent: Camilo De la Cruz Perez

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1001 S FEDERAL Highway or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1001 S FEDERAL Highway

How much is 1001 S FEDERAL Highway?: 1001 S FEDERAL Highway is listed at $1,899,000, about $505 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 1001 S FEDERAL Highway?: The listing reports net operating income of $121,100 a year, a cap rate of about 6.4% at the $1,899,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 1001 S FEDERAL Highway zoned?: The listing reports zoning of MU-FH (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1001 S FEDERAL Highway?: The listing reports 3,762 square feet of building.
When was 1001 S FEDERAL Highway built?: 1001 S FEDERAL Highway was built in 1958. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 1001 S FEDERAL Highway?: The listing reports annual property taxes of $24,018 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 1001 S FEDERAL Highway?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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