402 N Federal HWY Active Save Request In-Person Tour Request Virtual Tour
Lake Worth Beach,FL 33460
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 $313
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 Description None
Roof Type Metal
Present Use Sold As-Is
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
Listing Terms Cash,Conventional
Financing Cash,Conventional