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525 N Federal Hwy
Lake Worth Beach, FL 33460 Mango Groves

$2,870,000 USD

Multifamily For Sale  •  5,144 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 5,144 SF
  • Lot Size 0.31 AC
  • Year Built 1953
  • Cap Rate 8.14 %
  • Zoning MU-FH—MIXED USE FEDERAL
0 Transit Score
78 Walk Score

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

Property Flyers

Financial Summary (Actual)

Net Operating Income: $233,667 USD (2025)
Cap Rate: 8.14 %

Amenities

  • Air Conditioning
  • Ceiling Fans
  • Eat-in Kitchen
  • Oven
  • Coffee System
  • Private Bathroom
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 1.7 mi
Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 6.5 mi
AirportDriveWalkDistance
Palm Beach International 14 min - 7.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Alexis Shapiro 954-573-4449 ONE Commercial Real Estate
Alexis Shapiro 954-573-4449 ONE Commercial Real Estate