Financial
Distress signals
Property profile

1600 Federal Hwy Lake Worth, FL 33460

OFF-MARKET
Commercial land
Property ID
US18-4898652
3,738 SF 0.31 ac lot Built 1958
Last sale May 2024 · $1,005,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of nearly one acre of land in East Lake Worth Beach, situated approximately two blocks from the Intracoastal Waterway. It is located near the central area of Downtown Delray Beach and the West Palm Beach area. A zoning letter indicates the site has potential for development up to 37 units. Supporting documentation including a survey, Phase 1 environmental report, and soil borings are available.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$261k
Assessed land$261k
Effective rate1.51%

Value estimate

· Oct 2026
$1.01M
$905k – $1.11M
AI approach$1.01M
CAP approach$990k
Submarket $/SF estimate$709k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$262/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$190 – $430
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU-FH
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.1
Locksmith9.0
Pawn Shop8.8

Location

1600 Federal Hwy Lake Worth, FL 33460-5842
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1706 18th S, Lake Worth, FL 33460 $800,000 Feb 2025 1,835 SF
1306 Lucerne, Lake Worth, FL 33460-3615 $1,675,000 Jan 2025 2,908 SF
1310 Lk, Lake Worth, FL 33460-3606 $5,000 Nov 2024 2,410 SF
1532 Federal, Lake Worth, FL 33460-5764 $1,005,000 May 2024 5,094 SF
802 Federal, Lake Worth, FL 33460-2647 $350,000 Mar 2023 1,652 SF
416 3rd S, Lake Worth, FL 33460-4204 $25,000 Jun 2022 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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