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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com
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  4. 1120 Federal Highway S, Lake Worth Beach, FL 33460
1120 Federal Highway S, Lake Worth Beach, FL 33460
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1120 Federal Highway S
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  • MLS#: RX-11124535 ( Duplex )
  • Street Address: 1120 Federal Highway S
  • Viewed: 30
  • Price: $699,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 98
  • Additional Information
  • Geolocation: 26.6017 / -80.0521
  • County: PALM BEACH
  • City: Lake Worth Beach
  • Zipcode: 33460
  • Subdivision: Lake Worth Town Of Add 1
  • Middle School: Lake Shore
  • High School: Palm Beach Lakes
  • Provided by: Coldwell Banker
  • Contact: Irina Borisova
  • (561) 395-2233
  • DMCA Notice
  • 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.
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Property Location and Similar Properties
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Similar
Features
Absolute Longitude
  1. 80.052105
Avail Info
  1. Deposit Last Month
  2. Deposit Security
  3. Leases
Carport Spaces
  1. 1.00
Construction
  1. Block
  2. Concrete
  3. Stucco
Cooling
  1. Ceiling Fan
  2. Electric
  3. Gas
Country
  1. United States
Exterior Features
  1. Fruit Tree(s)
Flooring
  1. Tile
  2. Wood Floor
Heating
  1. Electric
High School
  1. Palm Beach Lakes High School
Homeowners Assoc
  1. None
Housing For Older Persons Act
  1. No Hopa
Income Expenses Annual Net Oper Inc
  1. 60000.00
Income Expenses Annual Total Expense
  1. 5400.00
Income Expenses Gross Operating Inc
  1. 65000.00
Legal Desc
  1. ADD 1 TO TOWN OF LAKE WORTH LT 4 BLK 49
Lot Description
  1. < 1/4 Acre
  2. Paved Road
  3. Public Road
  4. Sidewalks
Middle School
  1. Lake Shore Middle School
Number Of Stories
  1. 2.0
Parcel Id
  1. 38434427010490040
Private Pool
  1. No
Property Condition
  1. Resale
Property Group Id
  1. 19990816212116581394000000
Property Type
  1. Duplex
Roof
  1. Comp Shingle
Separate Elec Meters
  1. No
Separate Wtr Meters
  1. No
Source Of Expenses
  1. Owner
Special Assessment
  1. No
Special Info
  1. Sold As-Is
Sqft Source
  1. Appraisal
Sqft Total
  1. 1812.00
Storm Protection Impact Glass
  1. Complete
Storm Protection Panel Shutters
  1. Complete
Subdivision Information
  1. Extra Storage
Tax Year
  1. 2024
Taxes
  1. 6930.74
Tenant Pays
  1. Electric
  2. Sewer
  3. Water
Total Building Sqft
  1. 1456.00
Utilities
  1. Electric
  2. Gas Natural
  3. Public Sewer
  4. Public Water
  5. Water Available
View
  1. Garden
Views
  1. 30
Virtual Tour Url
  1. https://www.propertypanorama.com/1120-S-Federal-Highway-Lake-Worth-Beach-FL-33460--RX-11124535/unbranded
Waterfront Details
  1. Intracoastal
  2. One Bridge
Window Treatments
  1. Impact Glass
Year Built
  1. 1961
Zoning
  1. MU-FH(
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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com