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1506 N Federal Hwy 1 1-6, Lake Worth Beach, FL 33460 (MLS# R10159217)

1506 N Federal Hwy 1 1-6, Lake Worth Beach, FL 33460

$550,000
Property Type: Residential Income Square Footage: 5,800 Status: Closed
Current Price: $550,000 List Date: 8/12/2015 Last Modified: 5/27/2026

Overview

Description

Beautifully maintained apartment complex in a very nice neighborhood. 6 apartment units each with 2 bedrooms. Currently all rented - PLEASE see documents for Expenses/Receipts

Listing Details MLS# R10159217

General Property Information

Property Sub Type
Quadruplex
Building Area Main
5800
Building Area Source
Public Records
Living Area Main
5800
Year Built
1979
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: None Flooring: Tile Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided; Other Construction Materials: CBS Cooling: Electric Heating: Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Manufactured Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Open Porch Details: Porch - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range; Refrigerator Unit 4 Parking Features: Parking Space Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
639000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1506
Street Direction Prefix
N
Street Name
Federal Hwy 1
Unit Number
1-6
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Postal Zip
33460
Subdivision Name
NORTH LAKE WORTH
Area
5600
Geographic Area
PB16
Parcel Number
38434415160100020
Zoning
PO/MF
Directions
I-95 to Forest Hill exit. continue East to Olive. turn right (s) onto Olive. Follow Olive which becomes US 1 to apartment on Left

Financial Information

Tax Annual Amount
9107
Tax Year
2014
Tax Legal Description
NORTH LAKE WORTH LOTS 2 & 3 BLK 10

Status Change Information

Major Change Timestamp
2015-10-01T00:14:54Z
Major Change Type
Status Change
Status Change Date
2015-09-30
Under Contract Date
2015-09-02
Close Date
2015-09-30
Close Price
550000
Buyer Financing
Cash

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
64800
Net Operating Income
64800
Annual Total Expense
0

Unit 1 Details

Actual Rent
900
Baths Full
Yes
Furnished
Unfurnished
SqFt
950

Unit 2 Details

Actual Rent
900
Baths Full
Yes
Furnished
Unfurnished
SqFt
950

Unit 3 Details

Actual Rent
900
Baths Full
Yes
Furnished
Unfurnished
SqFt
900

Unit 4 Details

Actual Rent
900
Baths Full
Yes
Furnished
Unfurnished
SqFt
900

Price Calculations

Current Price To SqFt
94.82
Original List Price To Close Price
1.16

Originating Details

Originating System Key
20150812184738410519000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Tile
Yes

Special Information

Sold As-Is
Yes

Documents Available

None
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

View

City
Yes
Garden
Yes

Heating

Electric
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Manufactured
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes
Other
Yes

Cooling

Electric
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Porch
Yes

Balcony Details

Balcony - Open
Yes

Porch Details

Porch - Open
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Parking Features

Parking Space
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Illustrated Properties LLC (Co
IDX
Last Updated: May - 27 - 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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