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1120 S Federal Highway

Lake Worth, FL 33460
  • $699,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: RX-11057273
$699,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,850
    SQFT
  • $378
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Information

Description

LOCATION! Intracoastal 3 min walk, 10 min walk to the Beach on Palm Beach. Mixed use / Commercial Zoning. (attached document multifamily, retail, hotels, medical etc.) 2 floors, both floors have kitchen and bathroom. 3 entrances to the house. Annual GRI just from 2nd floor $30000 , potential both floors (65000$) Triple if you rent short term. Plenty of parking. 112 sq feet patio. Huge yard you can build in future. First floor pictures coming soon it has white tile floor. Walk to Downtown, Parks, Golf Courses. Walk on gorgeous historic S Palmway to get your groceries, coffee. Lake Worth Beach has its own power generator and RO water treatment plant; you can drink out of the taps. $ 70M renovation hotel project started j 7 min walk. Love where you live and enjoy what South Flarida Offers!

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www.kaufman-propertiesfl.com/homes/159885429
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1120 S Federal Highway Lake Worth, FL 33460

  • Price: $699,000
  • Status: Active
  • On Site: 8 Days
  • ID#: RX-11057273
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,850
SQFT
$378
$/SQFT
1961
Built
Neighborhood:
Lake Worth Town of Add 1
County:
Palm Beach
Area:
Lake Worth
Elementary School:
South Grade Elementary School
Middle School:
Lake Shore Middle School
High School:
Palm Beach Lakes High School
Property Description
LOCATION! Intracoastal 3 min walk, 10 min walk to the Beach on Palm Beach. Mixed use / Commercial Zoning. (attached document multifamily, retail, hotels, medical etc.) 2 floors, both floors have kitchen and bathroom. 3 entrances to the house. Annual GRI just from 2nd floor $30000 , potential both floors (65000$) Triple if you rent short term. Plenty of parking. 112 sq feet patio. Huge yard you can build in future. First floor pictures coming soon it has white tile floor. Walk to Downtown, Parks, Golf Courses. Walk on gorgeous historic S Palmway to get your groceries, coffee. Lake Worth Beach has its own power generator and RO water treatment plant; you can drink out of the taps. $ 70M renovation hotel project started j 7 min walk. Love where you live and enjoy what South Flarida Offers!
Exterior Features

Carport Spaces 1.00 Construction BlockConcreteStucco Exterior Features Fruit Tree(s) Lot Description < 1/4 AcrePaved RoadPublic RoadSidewalks Private Pool YN No Roof Comp Shingle Storm Protection Impact Glass Complete Storm Protection Panel Shutters Complete Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking View Garden Waterfront Description IntracoastalOne Bridge Waterfront YN No

Interior Features

Cooling Ceiling FanElectricGas Flooring TileWood Floor Heating Electric Unit1 Bedrooms 2 Unit1 Desc A/C UnitDen/FamilyElectric MeterKitchenLaundryRange - ElectricRange - GasRefrigeratorSplit BedroomsWalk-in ClosetsWasherWindow Cover Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 850 Unit2 Bedrooms 3 Unit2 Desc A/C UnitDryerElectric MeterGas LeaseKitchenLaundryMicrowavePatioWalk-in ClosetsWasherWindow Cover Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 850 Window Treatments Impact Glass

Property Features

Annual Net Operating Income 60000.00 Annual Total Expenses 5400.00 Auction No Available Info Deposit Last MonthDeposit SecurityLeases Built Desc Resale Gated Community No Gross Operating Income 65000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Info Sold As-Is Sq Ft Total 1960.00 Subdivision Amenities Extra Storage Tax Amount 6930.74 Tax Year 2024 Taxes City/County Tenant Pays ElectricSewerWater Terms Considered CashConventionalFHA Unit1 Monthly Income 2500.00 Unit2 Monthly Income 3000.00 Utilities ElectricGas NaturalPublic SewerPublic WaterWater Available Zoning MU-FH(

Listing provided courtesy of Coldwell Banker: . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432