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923 N FEDERAL Highway, FL 33460

Multi-family For Sale
$449,000

BTC: 5.86468130

ETH: 193.53448276

New
Waterfront
0 room(s)
592 sqft

Overview

Excellent Income-Producing Investment Opportunity with Room to Increase Rents! Legal duplex property featuring 3 separate rental units, including two charming 1-bedroom, 1-bathroom cottages and an additional studio unit. Currently generating steady rental income, with the two 1-bedroom units renting for $1,500 and $1,350 per month, and the studio renting for $1,350 per month, for a total monthly rental income of $4,200 ($50,400 annually). There is additional potential to increase rents and maximize your return on investment! The property features frame construction, freshly painted interiors and exteriors, and a roof in good condition. Each unit offers comfortable living spaces with plenty of charm. Additional highlights include separate water and electric meters, on-site laundry

Location

Florida • 33460 • Multi-family • For Sale • Waterfront

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
0.16 Acres
Heating:
Other
Price/sqft:
$758
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$5,959
2025
View
Other, Other Water View
Waterfront
Yes
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Property

    • Levels: 1

    • Exterior Features: Courtyard

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 38434421152860110

    • Zoning: MU-FH (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,959

  • Source details

    • MLS ID: B26096155

    Other facts

    • Construction Materials: Frame / Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Alley

    • Architectural Style: Twin Home / Half Duplex / Twin Homes

    • Waterfront: Yes

    • Living Area: 592

    • Water Source: Public

    • Subdivision Name: LAKE WORTH TOWN OF

Private inquiry
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This zip
33460
230
median $507K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Paradise Real Estate Intl