$699,000

1120 S Federal Highway, Lake Worth Beach, FL 33460

  • 1,456 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $480/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

LOCATION Incredible! Great Zoning: Residential, and Commercial, Mixed-use, Retail or Medical. Currently Multifamily use. 3 min walk to the Intracoastal and only 5 minutes drive to the golden sands of Palm Beach Island - home to many billionaires, this exceptional property offers a rare blend of lifestyle and investment potential. The second floor alone generates an annual gross rental income of $28,200. One part of the first floor (room) is currently leased for $14,400 annually, while the other half, currently owner-occupied, potential for an additional $22,800 in yearly income. It set on a spacious lot with ample parking; the property includes a charming 112-square-foot patio and a large yard offering room to build or expand in the future. Walk to $70 million luxury hotel renovation.

Listing Status:
Active
Date Added:
September 17, 2025 at 05:00AM
Listing Office:
Coldwell Banker : (561) 395-2233
Listing Agent:
Irina Borisova : (561) 507-8287
MLS ID:
R11124535
  • Flooring: HardwoodTileWood
  • A/C: Ceiling Fan(s)ElectricGas
  • Heating: Electric
  • General: Fruit Trees
  • Pool: ConcreteNone
  • Roofing: CompositionShingle
  • Windows: Impact Glass
  • General: Block2
  • HOA Amenities: HVACLaundry
  • Originating MLS: FTL_RMLS
  • County: Palm Beach
  • Zoning: ADD 1 TO TOWN OF LAKE WORTH LT 4 BLK 4938434427010490040
  • View: Garden
  • Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: FTL_RMLS

This listing courtesy of Irina Borisova, Coldwell Banker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Grade Elementary School

716 S K St, Lake Worth Beach, FL, 33460

Grades PK-5

0.42 miles away

P

Palm Beach Maritime Academy

1518 W Lantana Rd, Lantana, FL, 33462

Grades KG-8

1.49 miles away

L

Lake Worth Community High School

1701 Lake Worth Rd, Lake Worth Beach, FL, 33460

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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