402 N Federal Highway

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.

4,141 Sq.Ft. LIVING AREA

0.3 Acres lot

Features & Amenities

Interior

Flooring Tile

Area & Lot

Status For Sale
Living Area4,141 Sq.Ft.
Lot Area0.3 Acres
MLS® IDR11023676
TypeResidential
YEAR BUILT1941

Exterior

STORIES2
water SourcePublic
utilitiesSewer Available, Water Available
PoolNone
roofMetal
HEAT TYPECentral, Electric
AIR CONDITIONINGCentral Air, Electric
sewerPublic Sewer
other exterior FeaturesPatio, Room For Pool

Financial

Sales Price$1,299,000
Real Estate Tax $9,612/yr

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402 N Federal Highway

$1,299,000

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

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JON GOLDMAN

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