525 N Federal Hwy - Multi-Family FOR SALE


Lake Worth Beach, FL 33460
$2,870,000 USD
954-573-4449
525 N Federal Hwy, Lake Worth Beach, FL for Sale
$2,870,000 USD
Multi-Family - FOR SALE
1/26
null | 8.14% Cap Rate

525 N Federal Hwy
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • 2 Years Of Successful Performance at 8%+ Cap
  • Fully renovated and Turn Key
  • Walkability and short access to restaurants and beaches
  • No Leases in place, STR
  • Impact Windows

OVERVIEW

One Commercial Real Estate is pleased to present M Lake Worth Beach, a fully renovated, ten-unit boutique short-term rental property offering a unique and stylish retreat just one mile from the pristine shores of Lake Worth Beach, Florida. M Lake Worth Beach has two years of solid performance history. The property has been thoughtfully designed with a blend of retro charm and modern upgrades, capturing the nostalgic vibes of mid-century design while providing guests with all the contemporary comforts they expect. Each of the ten units; a mix of studios, one bedroom, two bedroom apartments that has been meticulously renovated with brand new flooring, cabinetry, appliances, fixtures, and furniture, creating a fresh and inviting atmosphere. The design incorporates warm wood tones, neutral palettes, and modern touches that deliver a welcoming, vibrant space for both short-term visitors and longer stays. Guests will enjoy a curated and comfortable experience, with memory foam beds, fully equipped kitchens or kitchenettes, blackout shades, and chic furnishings throughout. In addition, the property features an expansive outdoor amenity space, including a custom-built BBQ area, outdoor dining and lounge seating, and a serene environment enhanced by ambient lighting and lush landscaping , perfect for gatherings or moments of relaxationIdeally located within walking distance to downtown Lake Worth Beach’s vibrant dining, arts, and shopping scene, and just minutes from Palm Beach International Airport, Brightline, Tri-Rail, and West Palm Beach, M Lake Worth Beach attracts both leisure and business travelers looking for a unique and well-connected destination. This boutique property’s prime location, along with its distinctive design and high guest satisfaction, ensures consistent demand and strong rental performance. Offered as a fully operational and turnkey short-term rental asset, M Lake Worth Beach presents a compelling investment opportunity. With proven income, favorable zoning, and a modern aesthetic that sets it apart from other properties in the area, this building provides investors with a chance to capitalize on the growing demand for unique, high-quality hospitality experiences in South Florida.

FOR SALE DETAILS

PRICE

$2,870,000 USD

PRICE/SF

$814 USD /SF

# OF UNITS

10

PRICE/UNIT

$287,000

CAP RATE

8.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Renovated - Turn Key - 10 Units

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,401 SF

ZONING

MU-FH—MIXED USE FEDERAL

APN/PARCEL ID

38-43-44-21-15-158-0090

ASK ABOUT THIS PROPERTY

Alexis ShapiroONE Commercial Real EstateMore Info
954-573-4449

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Alexis ShapiroONE Commercial Real EstateMore Info
954-573-4449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.