1120 S Federal Highway, Lake Worth Beach, FL 33460

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1120 S Federal Highway,Lake Worth Beach, FL 33460
$699,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,456 sq. ft.
  • Multi-family
  • Active
Listed by: irina borisova
Office: coldwell banker
MLS#:R11124535
Source:RMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$385.76

About this home

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.

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Home facts

  • Year built:1961
  • Listing ID #:R11124535
  • Added:185 day(s) ago
  • Updated:November 20, 2025 at 04:37 PM

Rooms and interior

  • Living area:1,456 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Electric, Gas
  • Heating:Electric

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1961
  • Building area:1,456 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Palm Beach Lakes
  • Middle school:Lake Shore

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$385.76
  • Tax amount:$6,931 (2024)
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