1120 S Federal HWY new Save Request In-Person Tour Request Virtual Tour
Lake Worth,FL 33460
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $480
Subdivision Lake Worth Town Of Add 1
MLS Listing ID RX-11092083
Style Mediterranean
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1961
Annual Tax Amount $6,930
Tax Year 2024
Lot Size 7,076 Sqft
Property Sub-Type Single Family Detached
Property Description
LOCATION, LOCATION, LOCATION just 3 minutes to the scenic Intracoastal and only 10 minutes to the golden sands of Palm Beach, this exceptional property offended for mixed use - commercial and residential - this flexible space opens the door to endless possibilities, whether you're envisioning multifamily living, retail, medical office, or even a boutique hotel (see attached zoning documents). $70M Gulfstream Hotel renovation project is approved by LWB City five min away. The two-story structure features a full kitchen and bathroom on each level, with three separate entrances providing ideal functionality for multiple tenants or live-work arrangements. The second floor alone generates an annual gross rental income of $28200. One part of the first floor is currently owner-occupied
Location
State FL
County Palm Beach
Area 5003
Zoning MU-FH(
Rooms
Other Rooms Family,Storage
Interior
Heating Electric,Gas
Cooling Ceiling Fan,Central Building,Electric
Flooring Tile,Wood Floor
Exterior
Exterior Feature Fruit Tree(s),Open Porch
Parking Features 2+ Spaces,Driveway,RV/Boat
Community Features Sold As-Is
Utilities Available Electric,Public Sewer,Public Water,Water Available
Amenities Available Community Room,Golf Course,Park
Waterfront Description Fixed Bridges,Intracoastal,Ocean Access
View Garden,Intracoastal,Ocean
Exposure West
Building
Lot Description < 1/4 Acre,Interior Lot,Sidewalks
Story 2.00
Foundation Concrete,Stone,Stucco
Schools
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Pets Allowed No Restrictions
Virtual Tour https://www.propertypanorama.com/1120-S-Federal-Highway-Lake-Worth-FL-33460/unbranded