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Three-Story Office Building
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120 N Federal Highway, Lake Worth, FL 33460

Professional office asset with Federal Highway frontage, covered parking, and a diverse tenant mix.

Property SizeContact for details
Days on Market5

Property Features for 120 N Federal Highway

General Information

Standard status Active
Property subtype Office
Listing Agency: Strategic Realty Services
Listed By: Christopher Fleming · License #FL BK441500
Source: Crexi
Added: Sep 8 Changed: Sep 11 Last Checked: Sep 12 at 5:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strategic Realty Services

Investment Insights

Based on property information with market context.

The Promenade at Lake Worth is a 30,610-square-foot, three-story office building with Mediterranean-inspired architectural elements, covered parking, and prominent frontage along Federal Highway. The property is configured for professional office use and includes a diverse mix of office tenants. Current income is reported at 100% occupancy, with a 6.85% cap rate.

The building occupies a downtown Lake Worth Beach location at 120 N Federal Highway, with access to I-95 and proximity to dining, civic destinations, and coastal amenities. Its visible corridor position and covered parking serve both tenants and visitors.

The property combines a substantial office footprint with established occupancy, multiple occupants, and a recognizable architectural presence in a central business setting.

Key Highlights

  • 30,610 SF, three‑story professional office building
  • Mediterranean‑inspired architectural design
  • Prominent frontage along Federal Highway

Property Analytics

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Current Use

JDA Insurance Group Insurance Agency THE GOLDSTEIN GROUP Real Estate Agency Global Resource Staffing Employment Agency Alterra Home Loans Loan Service MLS Business Solutions Accounting Firm

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Fish Market Veterinary Clinic Pet Grooming Service Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 33460, FL

36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professional office asset with Federal Highway frontage, covered parking, and a diverse tenant mix.
Where is this office building located?
The property is located at 120 N Federal Highway Lake Worth, FL.
What is the asking price?
The asking price for this property is $9,320,000.
What are key features of this property?
This property features: 30,610 SF, three‑story professional office building; Mediterranean‑inspired architectural design; Prominent frontage along Federal Highway
(561) 471-5353 Call to check price and availability
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