1310 and 1402 S Federal Hwy

    Lake Worth, FL 33460
    • $4,475,000
    • STATUS: Closed
    • ON SITE: 216 days
    • MLS #: A10585806
    Sold - 05/31/2019
    $4,475,000
    SOLD - 05/31/2019
    • 0
      BEDS
    • 1.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    East Ocean Apartments offers a current stable, cash-flowing, easy to finance investment with excellent long term rental rate and market-value upside potential. Rental market is strong and there is a shortage of affordable rental housing relative to market demand. The asset consists of 2 properties located across street from each other with a total of 51 units. Property features spacious unit layouts, desirable unit mix, floor plans and most have been updated with new kitchen cabinets, bathrooms and flooring. It offers on-site laundry facilities, pool, courtyard and on-site manager's office.********please DO NOT disturb tenants or employees at the property*********agent to accompany showing

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is 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. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-07-18T15:41:54.503.
    www.mariamurdockgroup.com/homes/90058464

    1310 and 1402 S Federal Hwy Lake Worth, FL 33460

    • Price: $4,475,000
    • Status: Closed
    • Updated: 27 min ago
    • MLS #: A10585806
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.24
    Acres
    1956
    Built
    Neighborhood:
    5940
    County:
    Palm Beach
    Area:
    5940
    Property Description
    East Ocean Apartments offers a current stable, cash-flowing, easy to finance investment with excellent long term rental rate and market-value upside potential. Rental market is strong and there is a shortage of affordable rental housing relative to market demand. The asset consists of 2 properties located across street from each other with a total of 51 units. Property features spacious unit layouts, desirable unit mix, floor plans and most have been updated with new kitchen cabinets, bathrooms and flooring. It offers on-site laundry facilities, pool, courtyard and on-site manager's office.********please DO NOT disturb tenants or employees at the property*********agent to accompany showing
    Exterior Features

    Construction Type Concrete Block ConstructionCbs Construction Num Loading Doors 0 Num Parking Spaces 45 Parking Description Assigned Parking Road Type Description Two Lane Roof Description Shingle Roof Waterfront Property Yn No

    Interior Features

    Ceiling Description Ceiling Height Varies Floor Description Carpeted FloorsCeramic FloorConcrete Floors Interior Ceiling Height 9.0000 Maximum Ceiling Height 9.0000 Num Offices 1

    Property Features

    Approximate Lot Size 1.24 Electric Service 0-100 Amps101-200 Amps Fire Protection Smoke Detector Flood Zone X For Sale Yn Yes Information Available Aerial Photo(S)ContractsCopy Of Lease(S)PhotosRent RollsExisting Survey Intended Use Unknown/Withheld Location Of Property Corner UnitCorner Lot Num Bays 0 Num Tenants 51 Ownership Other Ownership Property Description Multi-Family Sale Includes Building & Land Sale Terms Conventional Section 27 Short Sale Yn No Style Of Property Income Non-Waterfront Tax Amount 50320 Tax Year 2017 Terms Considered All CashConventional/Refinance Typeof Property Income

    Listing courtesy of Realty World Executive Homes.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is 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. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-07-18T15:41:54.503.
     
    The Maria Murdock Group | EWM Realty International
    550 South Dixie Highway
    Coral Gables FL, 33146