10
  • 0
  • Bathroom
  • Sq Ft
  • Area Size
626 S Federal Highway # 5, FL 33460 | Palm Beach County | B26045347
  • $1,495,000

Description

Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped. Lake Worth Beach, Florida is a vibrant coastal city in Palm Beach County, offering the perfect blend of small-town charm and big-city accessibility. Located just minutes from the Atlantic Ocean, the city features beautiful beaches, a lively downtown with shops, restaurants, and cultural venues along the Intracoastal Waterway, and a strong sense of community. Location: Centrally positioned between West Palm Beach (10-15 minutes north) and Delray Beach/Boca Raton (south). Easy access to I-95, Florida’s Turnpike, and Palm Beach International Airport. Amenities: World-class dining, arts scene (including the Lake Worth Playhouse), weekly green market, golf courses, parks, and marinas. Excellent public and private schools. Demographics & Economy: Population ~42,000 with a diverse, growing community. Median household income around $55,000-$65,000 (with strong appreciation in recent years). Tourism, healthcare, and tech/retail drive the local economy. The area attracts both investors and end-users seeking affordable coastal living compared to neighboring markets. Real Estate Market: Strong demand for multifamily properties due to population growth, rental demand, and redevelopment. Lake Worth Beach continues to see revitalization, making it an attractive pocket for cash-flowing assets like this 8-unit building.

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  • Address: Federal
  • Zip/Postal Code: 33460

Details

Updated on July 3, 2026 at 4:38 am
  • Property ID B26045347
  • Price $1,495,000
  • Bathroom 0
  • Year Built 1950
  • Property Status Active, Commercial Sale

Additional details

  • Flooring Ceramic Floor, Terrazzo, Tile, Vinyl
  • Cooling Wall/Window Unit(s)
  • Annual Tax 23823
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional, Exchange
  • Waterfront No
  • Total Stories 1
  • Parking Free Parking
  • Heating None
  • Structure Type Multi Family
  • Tax Year 2025
  • Construction Concrete Block Construction, Slab Construction, Stucco
  • Building Area 4242
  • Year Built Details Resale
  • Unit Number 5
  • Inclusions Building Only, Business And Building
  • New Construction No
  • Lot Size (Sq Ft) 0

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