Lake Worth Town Of Add 1 Duplex For Sale
1120 S Federal Highway, Lake Worth Beach, FL 33460

$699,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11091911
  • Virtual Tour: YES
  • List Price: $699,000
  • Living Area: 1812 Ft² / 168 M²
  • Price Per Foot/Meter: $386 / $4,152
  • Taxes:$6,931
  • Year Built:1961
  • Waterfront:YES
  • Listing Date:May 19, 2025
  • Days On Market:50
  • Total Units:2

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.

Features


  • Waterfront:FixedBridge, IntracoastalAccess
  • Floor:Hardwood, Tile, Wood
  • Exterior Feature:FruitTrees

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker