Listing Agency: Peak Realty LLC

Listed By: ari lind · License #NV

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Sep 2 at 6:14PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Peak Realty LLC

Investment Insights

Based on property information with market context.

This apartment building contains 14 units and is offered for a master lease. The multifamily property is located at 605 N Federal Highway in Lake Worth, Florida.

The surrounding area provides proximity to downtown, the beach, and shopping, giving the property access to several established destination types. The asset is offered for sale with a master-lease structure identified in the listing information.

Key Highlights

• 14‑unit apartment building
• Master‑lease opportunity
• 605 N Federal Highway, Lake Worth, FL 33460

Property Analytics

Property Profile

Current Use

North Federal Rentals Hotel & Motel

Suggested Use

Top Pick Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Fish Market Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14

Residential units

Location Intelligence

Trade Area within ½ mile

1,628

Businesses Nearby

Explore this area Business Placement

Demographics for 33460, FL

36,409

Population

14,769

Households

2.5

Avg Household Size

36

Median Age

24%

College-Educated

72%

High-School Grad

4.7 sq mi

ZIP Area

7,747

Density / Sq Mi

$61,702

Median Household Income

$32,388

Median Earnings

$1,411

Median Rent

$333,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Church Facility with Fellowship Hall

7025 Summerville Terrace, Lake Worth, FL 33467

$6,500,000

8,644 SF

View details

Medical Office Suite

301-5055 S Congress Ave, Lake Worth, FL 33461

$2,300,000

4,200 SF

View details

12-Unit Duplex Portfolio

3141 49th Lane S, Lake Worth, FL 33461

$2,300,000

1,728 SF

View details

Four-Unit Multifamily Property

4309 GULFSTREAM Road, Lake Worth, FL 33461

$1,995,000

1,836 SF

View details

Remodeled Duplex With Separate Meters

4737 BOATMAN Street, Lake Worth, FL 33463

$595,000

1,570 SF

View details

Nursery and Garden Center Property

6700 Park Lane E, Lake Worth, FL 33449

$1,595,000

8,000 SF

View details

Mixed-Use Property With Nightclub

Lake Worth, FL 33460

$1,200,000

9,583 SF

View details

Fully Equipped Conventional Restaurant

6685, Lake Worth, FL 33467

$170,000

20,000 SF

View details

Duplex Residential Income Property

925 S Pine Street, Lake Worth, FL 33460

$650,000

1,624 SF

View details

Mixed-Use Property with Courtyard

523 N Dixie Highway, Lake Worth, FL 33460

$1,200,000

1,280 SF

View details

Renovated Duplex With Separate Entrances

1305 N Palmway, Lake Worth, FL 33460

$849,000

1,726 SF

View details

Five-Unit Multifamily Apartment Building

301 S M St, Lake Worth, FL 33460

$1,525,000

3,084 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property positioned for a master lease near downtown, the beach, and shopping.

Where is this apartment building located?

The property is located at 605 N Federal Highway Lake Worth, FL.

What are key features of this property?

This property features: 14‑unit apartment building; Master‑lease opportunity; 605 N Federal Highway, Lake Worth, FL 33460