1120 Federal Hwy Lake Worth Beach, FL 33460
- Commercial real estate
- 1,924 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1120 Federal Hwy
- Year built
- 1961
- Property size
- 1,924 SF
- Property type
- Commercial real estate
Description
This unique 1,924 square foot special purpose property, built in 1961, is situated at 1120 S Federal Highway in Lake Worth Beach, Florida, zip code 33460. Boasting a convenient location, this two-unit building offers exceptional versatility. The property features three entrances and a 112 square foot patio, enhancing its functionality. Its residential-commercial zoning allows for diverse uses, including operating a business while residing on the premises, or generating rental income by leasing one of the floors. The property is ideally located within walking distance of downtown, parks, beaches, golf courses, and Palm Beach. Proximity to the Intracoastal Waterway provides convenient boat access. Grocery stores and coffee shops are also within easy walking distance via South Palmway. The property sits on a lot with mature trees. The City of Lake Worth Beach's recent approval of a $70 million Gulfstream hotel renovation further underscores the area's growth potential. Showings begin August 10, 2024. Asking price is $790,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Worth Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0521462
- Latitude
- 26.6017175
