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1120 Federal, Lake Worth Beach, FL 33460

Multi-family Active With Contract
$699,000

BTC: 23.30000000

ETH: 349.50000000

33 days
0 room(s)
1,456 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Lake Worth Beach • 33460 • Multi-family • Active With Contract

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1961
Lot:
7076 Square Feet
Heating:
No Data
Price/sqft:
$480
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 7076 Square Feet

    Other Property Information

    • Parcel Number: 38434427010490040

    • Zoning: MU-FH(

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $6,931

  • Source details

    • MLS ID: RX-11124535

    Other facts

    • Direction Faces: Going on Federal Hwy North on a Right Side Between 11 Ave and 12 Ave

    • Garage: Yes

    • Living Area: 1456

    • Subdivision Name: LAKE WORTH TOWN OF ADD 1

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker