1120 Federal Highway, Lake Worth Beach, FL, 33460
1120 Federal Highway, Lake Worth Beach, FL, 33460Basics
- Listing updated: May 28, 2025 at 7:05 pm
- Days on Сomwire: 10
- Year built: 1961
- Status: Active
- Price per sqft: $385.76
- Date added: May 28, 2025 at 7:05 pm
- Bathrooms: 1
- HOA Dues $: $1
- Est. Taxes: $6,930.74
- For Sale: No
- For Lease: No
- SqFt Living: 1812.00 sq ft
- SqFt Total: 1812.00 sq ft
- Listing Office Name: Coldwell Banker
Description
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Description:
LOCATION! Great Opportunity Zoning: Residential, and Commercial Office, Retail or Medical. Currently Multifamily use. 3 minutes to the Intracoastal and only 10 minutes to the golden sands of Palm Beach, this exceptional property offers a rare blend of lifestyle and investment potential. Zoned for mixed use--commercial and residential. 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. 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. $70 million luxury hotel renovation 7min away.
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Location
- County: Palm Beach
- Subdivision: LAKE WORTH TOWN OF ADD 1
- Street Direction: S
- State: FL
- City / Department: Lake Worth Beach
- Zoning: MU-FH(
Building Details
- Type: Duplex
Additional Info
- Listing Agent: Irina Borisova
- Listing Agent Phone: (561) 507-8287
- MLS ID: RX-11091911
- MLS Source: Realtor Association of the Palm Beaches (RAPB)