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Multifamily in Lake Worth Beach, FL 33460Lake Worth Town, 1120 S Federal Hwy
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OFF MARKET
Beds
1,456
SqFt$442
$/SqFtPremium Multifamily
Built in 1961
Garden View
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.
MLS Number: R11124535
On Site: 367 Days
Updated: 30 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- View: Garden
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: CeilingFans, Electric, Gas
Building and Construction
- Floor Description: Tile,Wood
- Construction Type: Duplex
- Year Built: 1961
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: South Grade
- Middle School: Lake Worth
- Senior High School: Lake Worth
Other Property Info
- Listing Date: 2025-09-17T07:36:26.000-00:00
Taxes, Fees & More
- Maintenance Includes: Hvac
- Taxes: 6930.74
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$644K
High
$699K
Low
$644K
Total Change
-7.9%Date
Event
Price
Change
Price Per
12/08/2025
Price Reduced
$644K
0%$442 ft2
$4,761 m2
12/09/2025
Price Reduced
$644K
-7.87%$442 ft2
$4,761 m2
09/17/2025
Listed
$699K
$480 ft2
$5,168 m2
12/08/2025
$644K
Event
Price Reduced
Change
0%Price Per
$442 ft2
$4,761 m2
12/09/2025
$644K
Event
Price Reduced
Change
-7.87%Price Per
$442 ft2
$4,761 m2
09/17/2025
$699K
Event
Listed
Price Per
$480 ft2
$5,168 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Irina Borisova • Coldwell Banker • Buyer Agency Compensation .
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Scores
67
100
95
100
73
100
1
100
34
100
8
100
Community Snapshot
1 – 5 BR
Bedrooms
$110K – $1.5M
Price Tier
360 - 8,560
SqFt Range
1950
Year Build
1
Total Floors
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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