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, LOCATION, LOCATION just 3 minutes to the scenic Intracoastal and only 10 minutes to the golden sands of Palm Beach, this exceptional property offended for mixed use - commercial and residential - this flexible space opens the door to endless possibilities, whether you're envisioning multifamily living, retail, medical office, or even a boutique hotel (see attached zoning documents). $70M Gulfstream Hotel renovation project is approved by LWB City five min away. The two-story structure features a full kitchen and bathroom on each level, with three separate entrances providing ideal functionality for multiple tenants or live-work arrangements. The second floor alone generates an annual gross rental income of $28200. One part of first floor is currently rented for $14400 annually

Amenities

Cooling:Ceiling Fan, Central Building, Electric

Fruit Tree(s)

Open Porch

Closet Cabinets

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