1120 S Federal Highway Lake Worth, FL 33460

$699,000

5 Beds

2.5 Baths

1456 SQFT

Property Details

MLS#

RX-11092083

Type

Single Family Detached

Status

Active Listing

Square Footage

1,456

Bedrooms

5

Bathrooms

2 full | 1 half

Year Built

1961

HOA Fees

$0

Property Description

LOCATION! Intracoastal 3 min walk, 10 min to the Beach on Palm Beach. Mixed use / Commercial/Residential Zoning. Current owner lives there and has tenants. 2 floors, both floors have kitchen and bathroom. 3 entrances to the house. Annual GRI just from 2nd floor $28200, one part of first floor rented $14400 a year. second part can be rented $22800 (now owner there). Plenty of parking. 112 sq feet patio. Huge yard, potential to build in future. First floor pictures coming soon it has white tile floor. Walk to Downtown, Parks, Golf Courses. Walk on gorgeous historic S Palmway to get your groceries, coffee. Lake Worth Beach has its own power generator and RO water treatment plant; you can drink out of the taps. $ 70M renovation hotel project started 7 min walk

Amenities

Cooling: Ceiling Fan, Central Building, Electric

Fruit Tree(s)

Open Porch

Closet Cabinets

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Listing Broker: Coldwell Banker
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