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    129 N Federal Hwy Lake Worth, FL 33460

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    For Sale
    $2,300,000

    8,667 SF historic retail and office building for sale.

    Property size:
    8,667 SF
    Lot size:
    0.29 Acres

    Property Features for 129 N Federal Hwy

    General Information

    Size
    8,667 SF
    Lot size
    0.29 Acres

    Source: Lee & Associates | Broward/Palm Beach Agent C. Todd Everett, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Retail & Office Building

    This 8,667 square-foot historic retail and office building, constructed in 1928, features masonry construction. Located at a signalized intersection, the property offers 220 feet of combined frontage, with 120 feet on 2nd Avenue N and 100 feet on N Federal Hwy. The ground floor includes a vacant bar, noted as the "Oldest Bar in Palm Beach County". Two of the three buildings were reroofed in October 2024. The property benefits from high walkability and is located minutes from I-95 and the beaches, as well as within walking distance to Lake Avenue and Lucerne Avenue in Downtown Lake Worth. The property is a value-add opportunity with below-market rents.
    Insight Report Location Intelligence

    Current Use by Public Records

    Assurance Insurance Connection ... Auto Insurance Agency Mascara Law Firm, ... Personal Injury Attorney Sea Squared Interprises Employment Center Choice Counseling Center ... Addiction Treatment Center Relax With Kam Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Liriann Flowers Design, Liriann Flowers Designs, Celestial Roses

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0525185
    Latitude
    26.6176346

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    FAQs

    What type of property is this?
    Storefront property - 8,667 SF historic retail and office building for sale.
    Where is this storefront property located?
    The property is located at 129 N Federal Hwy Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Value-Add Below Market Rents; - Prime Location: Signalized intersection with 220 feet of combined frontage on 2nd Ave N and N Federal Hwy; - Historic 8,667 SF Retail & Office Building
    (954) 399-6299
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    129 N Federal Hwy Lake Worth, FL 33460
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    Lake Worth, FL 33460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 N Federal Hwy Lake Worth, FL 33460
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