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1120 S Federal Highway
1120 S Federal Highway
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For Sale

1120 S Federal Highway

1120 S Federal Highway, Lake Worth Beach, FL 33460

$699,000
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.

Studio

1,812 Sq.Ft. LIVING AREA

7,076 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Hardwood, Tile, Wood

Area & Lot

  • Status For Sale
  • Living Area1,812 Sq.Ft.
  • Lot Area7,076 Sq.Ft.
  • MLS® IDR11091911
  • TypeMulti-Family
  • YEAR BUILT1961
  • Water FrontageFixed Bridge, Intracoastal Access
  • View DescriptionGarden
  • Middle SchoolLake Shore
  • High SchoolPalm Beach Lakes

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
  • PoolNone
  • roofComposition, Shingle
  • lot features1/4 Acre
  • HEAT TYPEElectric
  • AIR CONDITIONINGCeiling Fan(s), Electric, Gas
  • sewerPublic Sewer
  • other exterior FeaturesFruit Trees

Financial

  • Sales Price$699,000
  • Real Estate Tax $6,931/yr
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Thank you for your interest in 1120 S Federal Highway, Lake Worth Beach, FL 33460. We are reviewing your request and will be in touch shortly!

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Ready to find your dream home or ideal investment property? With deep local expertise and a dedication to personalized service, Cameron Roth will support you at every stage. Let’s make your real estate goals a reality together!

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