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923 N FEDERAL Highway
Lake Worth Beach, FL 33460
today NEW · Active
$449,000
$466 / Sqft
964
Sqft
0.16
Acres
1925
Yr. Built
MLS# B26096155
Cumulative Days on Market: 1 · Includes prior listings · Currently listed since 11/04/26 · Data provided by the MLS.

Property Description

Excellent Income-Producing Investment Opportunity with Room to Increase Rents! Legal duplex property featuring three 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

Property Highlights

Property Type
Residential Income
Property Sub Type
Duplex
Living Area
592
Price / Sqft
$758
Acres
0.16
Year Built
1925
Condition
Resale
Cumulative Days on Market
1

Location

Area
5600
City/Township
Lake Worth Beach
View
Other
Subdivision
LAKE WORTH TOWN OF
County
Palm Beach
Zoning
MU-FH (city)

Location

Complex Name
LAKE WORTH TOWN OF

Lake/Waterfront Information

Waterfront Features
None

Property Details

Price
$449,000
Condition
Resale
Property Type
Residential Income
Property Sub Type
Duplex

Building

Structure Type
Duplex
Levels
One
Stories
1
Total Area
964

Community

Local Schools

Elementary School
North Grade K-8
Middle School
Lake Worth
High School
Lake Worth

Interior Features

Area and Spaces

Living Area
592
Number of Units
4

Interior Features

Flooring
Tile
Laundry Features
Common Area
Accessibility Features
None
Electic
Phases3

Heating and Cooling

Heating Features
Other

Building Details

Construction

Year Built
1925

Materials

Construction Materials
Frame
Roof
Composition

Terms

Terms

Special Conditions
Standard, Listed As Is
Special Terms
Cash, Conventional, FHA
Cumulative Days on Market
1

Taxes

Tax

Tax (Annual)
$5,959.88
Tax Assessed Value
217348.00

Heating, Cooling & Utilities

Cooling Features
Ceiling Fans, Wall Window Units

Utilities

Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available
Sewer
Public Sewer
Water Source
Multiple Meters, Public

Lot

Acres
0.16
Lot Size
6,752
Lot Dimensions
0.1550 ACRES
Lot Features
Less Than Quarter Acre
Road Surface
Alley Paved
Road Frontage
City Street

Exterior Features

Exterior Features
Courtyard, Outdoor Living Area, Uncovered Courtyard

Parking

Total Parking Spaces
6

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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 1 day (includes prior listings) · Currently listed since November 4, 2026. Data provided by the MLS.

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