1600 Federal Hwy Lake Worth Beach, FL 33460
- Commercial land
- 3,738 SF
- 0.31 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1600 Federal Hwy
- Year built
- 1958
- Lot size
- 0.31 lot acres
- Property size
- 3,738 SF
- Zone code
- MU-FH
- Property type
- Commercial land
- APN
- 38-43-44-27-01-090-0050
- APU
- 38434427010900050
Description
This exceptional 0.82-acre parcel presents a rare development opportunity in the desirable East Lake Worth Beach area. Located just two blocks from the Intracoastal Waterway, this property boasts a central location, offering easy access to both Downtown Delray Beach and West Palm Beach. The site is zoned to allow for the construction of up to 37 residential units, making it an ideal investment for developers seeking a high-density project. Comprehensive due diligence materials are available, including a zoning letter outlining the permitted density, a detailed survey of the land, a Phase 1 environmental report, and soil borings. These documents provide a solid foundation for planning and development, minimizing upfront uncertainties. The asking price for this remarkable property is $1,390,000. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its development potential. The property is located at 1600 S Federal Hwy, Lake Worth Beach, FL 33460, in Palm Beach County. This is a truly unique opportunity to acquire a substantial land holding in a thriving South Florida market. Don't miss out on this chance to build your next successful project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0523
- Latitude
- 26.5962
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
