REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Joe Desane

joe@stayfl.co +1(561) 827-3659

$ 580,000

Est. payment | -/mo

1,356 SqFt

Save Virtual Tour

$ 580,000

Est. payment | -/mo

Save Virtual Tour

1,356 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,356 sqft

Price per Sqft $427

Subdivision Lake Worth Town Of Add 1

MLS Listing ID B26066751

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1356

Year Built 1960

Annual Tax Amount $11,406

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Duplex

Property Description

Exceptional Duplex Investment & Development Opportunity in Lake Worth Beach! Situated on two lots totaling approximately 100 feet of frontage on Federal Highway by 135 feet deep, this versatile property offers multiple possibilities for investors, developers, or owner-occupants. The property is currently configured as a duplex featuring a spacious 3-bedroom, 2-bath residence plus a 1-bedroom, 1-bath unit. The property offers an opportunity to maintain the existing income-producing property while exploring additional development potential on the south lot. Zoned MU-FH - Mixed Use Federal Highway, the property offers both multifamily and mixed-use commercial potential. A buyer may consider retaining the existing duplex and developing an additional structure on the adjacent lot, or potentially clearing and redeveloping the site. Previous information indicates the possibility of development of up to approximately 14 units when utilizing applicable affordable-housing incentives, subject to verification and approval by the City of Lake Worth Beach and all applicable governmental authorities. Buyer is encouraged to independently verify zoning, density, permitted uses, setbacks, affordable-housing incentives, and development requirements. Excellent location along the Federal Highway corridor, just minutes from Downtown Lake Worth Beach, Lake Worth Beach and the Atlantic Ocean, the Lake Worth Beach Tri-Rail station, Downtown West Palm Beach, Palm Beach, and Palm Beach International Airport. Convenient access to dining, shopping, entertainment, major roadways, public transportation, and South Florida's coastal lifestyle. Utilities are provided through Lake Worth Beach, with water, sewer, electric, and garbage appearing on one utility bill. Electric service is currently shared between the units. ALL SIZES, DIMENSIONS, DEVELOPMENT POTENTIAL, ZONING INFORMATION, AND PROPERTY INFORMATION ARE APPROXIMATE AND SUBJECT TO INDEPENDENT VERIFICATION BY BUYER.

Location

State FL

County Palm Beach

Area 5640

Zoning MU-FH (city)

Rooms

Other Rooms Storage

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Tile, Vinyl

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Garden, Outdoor Living Area

Fence Fenced

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Composition

Accessibility None

Porch Patio, Porch

Total Parking Spaces 5

Private Pool No

Building

Lot Description None, 1/4 to 1/2 Acre Lot

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Storage

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools Barton

Middle Schools Lantana Community

High Schools Lake Worth

Others

Senior Community No

Restrictions No Restrictions

Tax ID 38434427010670070

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard, Listed As-Is

Pets Allowed Cats OK, Dogs OK, Yes

Virtual Tour https://www.propertypanorama.com/1302-S-FEDERAL-Highway-Lake-Worth-Beach-FL-33460/unbranded

Listed by Sheerin Feizi RE/MAX Direct

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 827-3659

joe@stayfl.co

1302 S FEDERAL HWY Lake Worth Beach, FL 33460