FL > Lake Worth Beach > Lake Worth Town Of Add 1
Lake Worth Beach, FL 33460,1120 S Federal HWY
Lake Worth Beach, FL 33460,1120 S Federal HWY
Lake Worth Beach, FL 33460,1120 S Federal HWY
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Team Comerford

Team Comerford

+1(941) 586-3229
Listed by Coldwell Banker
$699,000
Est. payment /mo
3 Beds
3 Baths
1,456 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

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-11124535

Bedrooms 3

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $6,930

Tax Year 2024

Lot Size 7,076 Sqft

Property Sub-Type Duplex

Property Description

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

State FL

County Palm Beach

Area 5600

Zoning MU-FH(

Interior

Heating Electric

Cooling Ceiling Fan, Electric, Gas

Flooring Tile, Wood Floor

Exterior

Exterior Feature Fruit Tree(s)

Pool Concrete

Community Features Sold As-Is

Utilities Available Electric, Gas Natural, Public Sewer, Public Water, Water Available

Amenities Available Extra Storage

Waterfront Description Intracoastal,One Bridge

View Garden

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre, Paved Road, Public Road, Sidewalks

Story 2.0

Foundation Block, Concrete, Stucco

Construction Status Resale

Schools

Middle Schools Lake Shore Middle School

High Schools Palm Beach Lakes High School

Others

HOA Fee Include A/C Maintenance,Laundry Facilities

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Virtual Tour https://www.propertypanorama.com/1120-S-Federal-Highway-Lake-Worth-Beach-FL-33460--RX-11124535/unbranded

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Team Comerford
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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