1120 S Federal Hwy

Lake Worth Beach, FL 33460
  • $699,000

    Price
  • 0

    Bed
  • Bath
  • 1,456

    SqFt

About the Listing 606111 - 276540748

LOCATION Incredible! Great Zoning: Residential, and Commercial, Mixed-use, Retail or Medical. Currently Multifamily use. 3 min walk to the Intracoastal and only 5 minutes drive to the golden sands of Palm Beach Island - home to many billionaires, this exceptional property offers a rare blend of lifestyle and investment potential. The second floor alone generates an annual gross rental income of $28,200. One part of the first floor (room) is currently leased for $14,400 annually, while the other half, currently owner-occupied, potential for an additional $22,800 in yearly income. It set on a spacious lot with ample parking; the property includes a charming 112-square-foot patio and a large yard offering room to build or expand in the future. Walk to $70 million luxury hotel renovation.

Listing Highlights for 1120 S Federal Hwy

Status Active
Days on Site 38
Property Type Multi-Family
MLS ® R11124535
Year Built 1961
Total Square Footage 1,456
Lot/Acreage 0.16
County Palm Beach
Area 5600
Middle School Lake Shore
High School Palm Beach Lakes

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Electric,Gas
  • Heating: Electric
  • Fireplaces:
  • Floor: Hardwood,Tile,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Lot Dimensions: < 1/4 Acre,Paved Road,Pu
  • Zoning: MU-FH(
  • Roof: Composition,Shingle
  • Others: Fruit Trees
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $6,931
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 38434427010490040
  • Tax Year: 2024

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Questions About..

1120 S Federal Hwy Lake Worth Beach, FL 33460

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Originating MLS: FTL

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