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1020 N Federal Highway, Lake Worth Beach, FL 33460 (MLS# R10097560)

1020 N Federal Highway, Lake Worth Beach, FL 33460

$245,000
Property Type: Residential Income Square Footage: 2,420 Status: Closed
Current Price: $245,000 List Date: 1/10/2015 Last Modified: 5/22/2026

Overview

Description

Quadplex on 50' x 135' plus an adjacent 50' x 135' lot on the right. 2 story building containing four 1 BR /1 Bath units. (.31 Ac. total) (TOWN OF LAKE WORTH LOTS 4 & 5 BLK 300). Ample parking in rear paved lot. Paved driveway on the left. Each apartment has 2 entrances (front through hall, and rear from parking area). Market rent is $650 a month for each apartment. 5 electric meters, 5 gas meters, 1 water meter. Pictures are representative of recent apartment condition prior to tenant move ins.

Listing Details MLS# R10097560

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2420
Building Area Source
Public Records
Living Area Main
2372
Year Built
1925
Lot Size Area
13500
Lot Size Acres
0.31
Lot Size Dimensions
100.0 ft x 135.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Deposit - Security Electric: Three Phase Flooring: Tile; Wood Tenant Pays: Cable TV; Electricity; Gas Source Of Expenses: Pro Forma Construction Materials: Frame; Stucco Cooling: Wall/Window Unit(s) Heating: None Listing Terms: Cash; Conventional Lot Features: Many Trees; Sidewalks Possession: Close Of Escrow Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County; No Homestead Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden; Other Water Access: None Water Source: Public Window Features: Blinds; Double Hung Metal Showing Requirements: Call Listing Agent Outdoor Living Spaces: Porch Porch Details: Porch - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Foyer; Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Open Parking; Parking Space Unit 3 Rooms: Foyer; Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Open Parking; Parking Space Unit 4 Rooms: Foyer; Kitchen Contingencies: Financing; Inspection Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
249000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1020
Street Direction Prefix
N
Street Name
Federal
Street Suffix
Highway
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
LAKE WORTH TOWN OF IN PB 2 PGS 29 TO 40 INC
Area
5600
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
38434421153000040
Zoning
MU-FH - Mixed U
Directions
take Federal Highway to between 10th Avenue North and 11th Avenue North. Property is on the east side.

Financial Information

Tax Annual Amount
5950.13
Tax Year
2014
Tax Legal Description
TOWN OF LAKE WORTH LOTS 4 & 5 BLK 300

Status Change Information

Major Change Timestamp
2015-03-20T00:03:21Z
Major Change Type
Status Change
Status Change Date
2015-03-19
Under Contract Date
2015-01-17
Close Date
2015-03-19
Close Price
245000
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
30000
Annual Total Expense
0

Unit 1 Details

Actual Rent
550
Baths Full
Yes
Furnished
Unfurnished
SqFt
593

Unit 2 Details

Actual Rent
650
Baths Full
Yes
Furnished
Unfurnished
SqFt
593

Unit 2 Lease Description

Lease Expiration
2015-06-22

Unit 3 Details

Actual Rent
650
Baths Full
Yes
Furnished
Unfurnished
SqFt
593

Unit 3 Lease Description

Lease Expiration
2015-12-15

Unit 4 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
593
Actual Rent
0

Price Calculations

Current Price To SqFt
103.28
Original List Price To Close Price
1.01

Originating Details

Originating System Key
20141219191927969171000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Tile
Yes
Wood
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Garden
Yes
Other
Yes

Heating

None
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

None
Yes

Window Features

Blinds
Yes
Double Hung Metal
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Many Trees
Yes
Sidewalks
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Pro Forma
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

City/County
Yes
No Homestead
Yes

Outdoor Living Spaces

Porch
Yes

Porch Details

Porch - Open
Yes

Contingencies

Financing
Yes
Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 1 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 2 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 2 Rooms

Foyer
Yes
Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 3 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 3 Rooms

Foyer
Yes
Kitchen
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 4 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 4 Rooms

Foyer
Yes
Kitchen
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Realty Associates Florida Prop
IDX
Last Updated: May - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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