1120 S Federal Highway Lake Worth Beach, FL 33460
Listing Courtesy of: BeachesMLS/FlexMLS / Coldwell Banker Realty / Irina Borisova

  1120 S Federal Highway Lake Worth Beach, FL 33460

Active (5 Days)
$699,000
2
BATH
1,812
SQFT

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 usecommercial 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.

MLS #:
RX-11091911
Taxes
$6,931(2024)
Lot Size
7,076 SQFT
Type
Multifamily
Year Built
1961
Views
Electric, Gas Natural, Public Sewer, Public Water, Water Available
County
Palm Beach County
Community
Lake Worth Town of Add 1

Listed By

Irina Borisova, Coldwell Banker Realty
Source
BeachesMLS/FlexMLS
Last checked May 24 2025 at 12:23 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Subdivision
  • Lake Worth Town Of Add 1
Heating and Cooling
  • Electric
  • Ceiling Fan
  • Gas
Flooring
  • Tile
  • Wood Floor
Utility Information
  • Utilities: Garden
School Information
  • Middle School: Lake Shore Middle School
  • High School: Palm Beach Lakes High School
Living Area
  • 1,812 sqft
Location
   
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Disclaimer: Copyright 2025 Beaches MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/24/25 05:23