Active

402 N Federal Highway

Lake Worth Beach FL, 33460

$1,500,000


$362.23 per sqft

Active

4,141 sqft

Residential

Built in 1941

Prime investment opportunity in Downtown Lake Worth Beach. Located on Federal Hwy just four blocks north of Lucerne Avenue, this unique property consists of two separate structures on an oversized double parcel (TOWN OF LAKE WORTH LTS 1 & 2 /LESS W 5 FT SR R/W/ BLK 106) and is zoned Mixed Use Federal Hwy (MU-FH), which allows for a multitude of uses including Low intensity office uses, Low intensity personal service uses, Hotels and motels, Multifamily residences, and more. One structure with frontage on Federal Hwy is two stories housing three (3) dwelling units with nearly 2,800 SF. The second structure has frontage on 4th Ave N and features three (3) dwelling units with approximately 1,700 SF.

R11023676

MLS ID

September 24, 2024

Listed

October 10, 2024

Updated

Map

402 N Federal Highway
Lake Worth Beach FL, 33460

Interior Features

Total Stories

2


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.3 Acres


Exterior Features

Patio, Room For Pool


Roof

Metal


Sewer

Public Sewer

Other Property Details

Area Name

5600


Taxes

$9,612


Tax Frequency

Annually


Days on Market

15


Garage

No


View

No


County

Palm Beach


Water Source

Public


Pool

Yes


Pool Features

None

Listing History

Date

Event

Price

10/10/2024

Price change

$1,500,000

-15%

Listed by: Coldwell Banker Premium Realty
Listing Contact:  

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Data last updated 10:38 AM UTC, 10/10/2024

 

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