131 S FEDERAL Highway, Lake Worth Beach, FL 33460
$1,425,000 · Active
- 0 baths
- 3,112 sq ft
- 113 days on market
- Quadruplex
- Built 1924
- Updated/Remodeled
- Lot 13,503.6 sq ft
- Palm Beach County
- MLS# B26053891
- Lake Worth Town Of








About this home
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.
Schools
- Elementary: South Grade
- Middle: Lake Worth
- High: Lake Worth
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Home Sold Realty LLC · homesoldrealty@gmail.com · Listing agent: Camilo De la Cruz Perez
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Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 131 S FEDERAL Highway.
Before You Make an Offer
Selling a Rental or Small Multifamily Property?
Investors buying duplexes, triplexes and rented homes ask for the rent roll, the leases, the expenses and the condition, and several have told BreakThru Realty what they want to buy. If you own an income property, a broker can compare it with those requirements and explain how a sale with the tenants in place would work.
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Questions About 131 S FEDERAL Highway
- How much is 131 S FEDERAL Highway?
- 131 S FEDERAL Highway is listed at $1,425,000, which is about $458 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 131 S FEDERAL Highway?
- The listing reports annual property taxes of $19,428 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 131 S FEDERAL Highway built?
- 131 S FEDERAL Highway was built in 1924 and the listing describes its condition as resale updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 131 S FEDERAL Highway been on the market?
- 131 S FEDERAL Highway has been listed for 113 days, and the asking price has been reduced from $1,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 131 S FEDERAL Highway?
- The MLS lists South Grade (elementary), Lake Worth (middle), Lake Worth (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 131 S FEDERAL Highway?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
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Nearby ZIP Codes
Other Lake Worth Beach neighborhoods include College Park and Murry Hills. Nearby ZIP codes include 33461 and 33480. This property also neighbors South Palm Beach, Lantana, and Lake Clarke Shores. Compare it with the Lake Worth Beach housing market report.