$1,425,000
131 S FEDERAL Highway
LAKE WORTH TOWN OF
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $1,425,000
- Price per sq ft
- $458
- Original price
- $1,500,000
- Days on market
- 68
This multi-family property in ZIP 33460 is listed at $1,425,000, or $458 per square foot. The asking price has come down 5% from its original $1,500,000. It has been on the market for 68 days.
Estimated monthly payment
$7,489 /mo
Principal and interest only, based on $285,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,425,000
- Days on Site
- 68 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 3,112 sqft
- Total Sq Ft
- 3,112 sqft
- Lot Size
- 0.31 Acres
- Year Built
- 1924
- Property Type
- Multi-Family
- MLS #
- B26053891
- Property Tax
- $19,428 (2025)
- Subdivision
- LAKE WORTH TOWN OF
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1924
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One
- Lot Size (Acres)
- 0.31
- Living Sq Ft
- 3,112
- Total Sq Ft
- 3,112
- Structure Type
- Multi Family / Quadruplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- MU-E (city)
Interior Features
- Cooling
- None
- Heating
- Central
- Flooring
- Wood
- Windows
- Blinds
Exterior Features
- Construction
- Frame
- Roof
- Metal
- Exterior Features
- None
- Lot Features
- Quarter To Half Acre Lot
- Waterfront Features
- None
Community & HOA
- Utilities
- Cable Available / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- Ok To Lease / See Remarks
- MLS Area
- 5610
Schools
- Elementary School
- South Grade
- Middle School
- Lake Worth
- High School
- Lake Worth
About the Area
Browse Lake Worth Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Lake Worth Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Lake Worth Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 293
- Median List Price
- $436,000
- Median $/Sq Ft
- $339
- Avg Days on Market
- 123
Frequently Asked Questions
- How do I schedule a tour of 131 S FEDERAL Highway, Lake Worth Beach, FL 33460?
- Use the Tour button on this listing to request a showing of 131 S FEDERAL Highway, Lake Worth Beach, FL 33460. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 131 S FEDERAL Highway, Lake Worth Beach, FL 33460 still available?
- 131 S FEDERAL Highway, Lake Worth Beach, FL 33460 is currently listed as Active, and has been on the market 68 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 131 S FEDERAL Highway, Lake Worth Beach, FL 33460?
- With 20% down ($285,000) on the $1,425,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 131 S FEDERAL Highway, Lake Worth Beach, FL 33460 is about $7,489/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 131 S FEDERAL Highway, Lake Worth Beach, FL 33460?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 131 S FEDERAL Highway, Lake Worth Beach, FL 33460. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 131 S FEDERAL Highway, Lake Worth Beach, FL 33460?
- 131 S FEDERAL Highway, Lake Worth Beach, FL 33460 is zoned for South Grade (elementary), Lake Worth (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 131 S FEDERAL Highway, Lake Worth Beach, FL 33460?
- Often, yes. The right offer on 131 S FEDERAL Highway, Lake Worth Beach, FL 33460 depends on how it's priced against comparable multi-family sales in Lake Worth Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Home Sold Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 23, 2026.
$1,425,000
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Listed by Camilo De la Cruz Perez, Home Sold Realty LLC
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Recent Sales
Recently sold homes in ZIP 33460
These are the last 6 recorded closings in ZIP 33460, with the price each home actually sold for rather than what it was listed at. They closed at a median of $341 per square foot. The most recent closed on September 29, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$356,000
Sold · September 29, 2026
902 S Federal Highway 6
3 bed · 2.5 bath · 1,521 sqft · $234/sqft
$13,000 under the asking price
Sold$230,000
Sold · September 25, 2026
511 Lucerne Avenue 416
0 bed · 1 bath · 674 sqft · $341/sqft
$30,000 under the asking price
Sold$795,000
Sold · September 23, 2026
170 Wellesley Drive
2 bed · 2 bath · 1,238 sqft · $642/sqft
$25,000 under the asking price
Sold$220,000
Sold · September 23, 2026
305 S F Street
2 bed · 1 bath · 720 sqft · $306/sqft
$25,000 under the asking price
Sold$160,000
Sold · September 22, 2026
1 N Golfview Road 205
2 bed · 2 bath · 1,060 sqft · $151/sqft
$39,000 under the asking price
Sold$620,000
Sold · September 22, 2026
213 Fordham Drive
2 bed · 2 bath · 1,248 sqft · $497/sqft
$29,900 under the asking price
See every recorded sale in ZIP 33460 or find out what your ZIP 33460 home is worth.
