Basic Information

  • MLS # RX-11091911
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Lake Worth Town Of Add 1
  • Year Built 1961
  • Total Sqft 1,812
  • Date Listed 05/19/2025
  • Days on Market 18
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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • WF Description Fixed Bridge, Intracoastal Access
  • Parking Description
  • Exterior Features Fruit Trees

Interior Features

  • Adjusted Sqft 1,812Sq.Ft
  • Sqft 1,812 Sq.Ft

Property Features

  • Aprox. Lot Size 7,076
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Lake Worth Town Of Add 1
  • Subdivision Info Lake Worth Town Of Add 1
  • Tax Amount $6,931
  • Tax Year 2024

1120 S Federal Hwy

Lake Worth Beach, FL 33460

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. 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. tel: (561) 395-2233

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