Back 1625 South Federal Highway
Off Market

1625 South Federal Highway

Lake Worth FL 33460

5
1806 sq. ft.
Duplex
Last sold for $750,000
Luckson AbrahamLuckson Abraham, last sold this property on 03 November 2023 after 69 days on market.

Overview

Quadplex in Lake Worth featuring four, one-bed/one-bath units split between two one-story buildings, built in 1950 with concrete block construction and a rolled roof (2006). Both buildings feature GE & Square D panels (2020), copper supply pipes (2018/2023), mini split AC’s (2021), & impact doors. The building is separately metered for electricity, the owner pays for water. Unit 2 is fully furnished and being run as a short term rental. This Quadplex is located 5 minutes from the beach and less than a mile from Lantana Rd featuring easy access to Lantana Airport, Lost City Golf Club, Sport Complex, Publix, Costco, Home Depot, and well-known restaurants. Excellent opportunity for an owner occupant or investor to purchase a stable, cash flowing asset in a great area, with tremendous upside.

Features

5 carspaces
1806 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar duplexes sold in Lake Worth over the last 12 months, the estimated median property value of 1625 South Federal Highway is $600k.

Median value
$600k
Estimated value range
$265k - $1.24m
Median days on market
39
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Worth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1625 South Federal Highway

2023
Sold
$750,000
03 Nov 2023 by Luckson Abraham, of Keller Williams Central
2015
Sold
$240,000
02 Apr 2015 by Cryselda Lucombe, of ERA Home Run Real Estate
2012
Sold
$85,000
17 Sep 2012 by Brian Vanscoy, of Premier Residential Group Llc

Happy sellers in Lake Worth

92%
92% of sellers in Lake Worth reported that their sale price either exceeded or met their price expectations.

Lake Worth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Lake Worth over the last 12 months.

Local market activity for duplexes in Lake Worth

In the last 12 months, 37 duplexes similar to 1625 South Federal Highway, have been sold.

This represents a 22% increase in duplexes sales when compared to the previous 12 months.

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