| 1120.S.Federal Lake Worth Beach, FL 33460 |
| Listed Date YYYY/MM/DD:2025-09-17 | ID: 18011124535 |
| Price: $699,000 | County: Palm Beach |
| Approximate Lot Size: 7076.00 |
| Area: 5600 | Square Footage: 1456.00 |
| Property Tax: $6,931.00 |
| Sewer Description: | Zoning Information:MU-FH( |
| Folio Number: 38434427010490040 |
| Number of Units: 2 | Year Built: 1961 |
| Number of Parking Spaces: |
| Lot Description: |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 2.0 |
| Tax Year: 2024 | Tax Information: |
| Legal Description: ADD 1 TO TOWN OF LAKE WORTH LT 4 BLK 49 |
| 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. |
