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215 N Federal Hwy, Lake Worth FL 33460

Multi-family Recently Sold
$1,135,000

BTC: 17.73437500

ETH: 650.05727377

Sold on: 2023-09-15
14 days
0 room(s)
2,814 sqft

Overview

The Flamingo is well located on North Federal Highway, just two short blocks from downtown Lake Avenue and Lucerne. The main house is a large 2BR/1BA plus bonus room along with three (3) 2BR/1BA units located in the rear two-story building. The property has undergone renovations and has been operating as vacation rentals and short-term corporate housing. The Flamingo is also zoned commercial allowing for a multitude of professional/business uses. Parking is located in the rear. An ongoing agreement with the church next door allows for four (4) total parking spaces (can be increased) at an affordable monthly fee. This is a turn-key asset being sold fully equipped and furnished.

Location

Florida • Lake Worth • 33460 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1921
Lot:
No Data
Heating:
Other
Price/sqft:
$409
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$774,500
$562K – $1.1M
Confidence Low
List vs. estimate
$375K above estimate
List $1,150,000 · +48.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$408
-11.7% vs. city median $463
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $469K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,214
2022
Parking
5 spaces
All facts and features

  • Flooring

    • Tile

    • Vinyl

    • Wood

    Heating

    • Other

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 38434421150440130

    • Zoning: MU-E (ci

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $7,214

  • Source details

    • MLS ID: A11440262

    Other facts

    • Construction Materials: Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2814

    • Subdivision Name: LAKE WORTH TOWN OF

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33460
27
median $380K
Active
Same city
Lake Worth
111
median $485K
Active
Same type
Multi-family
7
median $730K
Active
Similar price
$805K – $1.5M
8
median $942K
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: ONE Commercial LLC