FL > Lake Worth Beach > Lake Worth Town Of
Lake Worth Beach, FL 33460,402 N Federal HWY
Lake Worth Beach, FL 33460,402 N Federal HWY
Lake Worth Beach, FL 33460,402 N Federal HWY
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Milton Knight, CRS

Milton Knight, CRS

+1(786) 917-3337
Listed by Coldwell Banker Premium Realty
$1,500,000
Est. payment /mo
4,141 SqFt
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UPDATED:

10/09/2024 07:14 PM

Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 4,141 sqft

Price per Sqft $362

Subdivision Lake Worth Town Of

MLS Listing ID RX-11023676

Construction Status Resale

HOA Y/N No

Year Built 1941

Annual Tax Amount $9,612

Tax Year 2024

Lot Size 0.299 Acres

Property Description

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.

Location

State FL

County Palm Beach

Community Downtown Lake Worth Beach

Area 5600

Zoning MU-FH

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Tile

Exterior

Exterior Feature Covered Balcony, Covered Patio, Room for Pool

Community Features Sold As-Is

Utilities Available Public Sewer, Public Water

Amenities Available None

Waterfront No

Waterfront Description None

Roof Type Metal

Present Use Sold As-Is

Parking Type Open Parking

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre

Story 2.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, Owner

Listing Terms Cash, Conventional, Owner

Financing Cash,Conventional,Owner

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Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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