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1123 N Federal Highway

Lake Worth Beach, FL 33460
  • $849,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: RX-10753686
$849,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,083
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1956
County:

School Ratings & Info

Description

Incredible opportunity in booming Lake Worth. Zoned MU-FH, this income property is zoned for a multitude of uses. Keep as a month to month rental, convert to AirBnB, use as a commercial property such as medical, office, retail. Zoning is generous. Large .31 acre lot which would allow for pool or additional building space. You can even build up to two stories. Currently has six tenants with gross yearly rents of $64,800 which could easily be doubled or more doing an AirBnB. Building consists of 5 Bedrooms and 4 Baths in the main house and a separate 1/1 apartment with private entrance in the back of property. Impact windows. Coin Laundry room. Two electric meters; one for main house; one for apartment. Close to Lake Worth restaurants and beaches. Very unique offering!

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www.bestbrowardrealestate.com/homes/122641848
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1123 N Federal Highway Lake Worth Beach, FL 33460

  • Price: $849,000
  • Status: Active
  • On Site: 40 Days
  • MLS #: RX-10753686
0
Beds
0
Baths
0
½ Baths
0.31
Acres
3,083
SQFT
$275
$/SQFT
1956
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Incredible opportunity in booming Lake Worth. Zoned MU-FH, this income property is zoned for a multitude of uses. Keep as a month to month rental, convert to AirBnB, use as a commercial property such as medical, office, retail. Zoning is generous. Large .31 acre lot which would allow for pool or additional building space. You can even build up to two stories. Currently has six tenants with gross yearly rents of $64,800 which could easily be doubled or more doing an AirBnB. Building consists of 5 Bedrooms and 4 Baths in the main house and a separate 1/1 apartment with private entrance in the back of property. Impact windows. Coin Laundry room. Two electric meters; one for main house; one for apartment. Close to Lake Worth restaurants and beaches. Very unique offering!
Exterior Features

Roof Comp Shingle Waterfront YN No

Interior Features

Bath Toilets 5.00 Cooling Wall-Win A/C Flooring Terrazzo FloorTile Heating Window/Wall Percent Air Conditioned 100.00

Property Features

Auction No Available Docs None Available Info DeedOwner Managed Fire Protection Smoke Detector For Lease No For Sale Yes Lease Month To Month List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 2.00 Possession At Closing Sale Includes Building And LandFixturesFurniture Tax Amount Real Estate Taxes 7502.00 Tax Year 2020 Tenant Pays None Terms Considered CashConventional Type Of Building CommercialFree StandingHotel / MotelIncomeOffice SpaceOffice/ProfessionalOffice/RetailResident. Multi-Fam. Use Hotel/ MotelMixedProfessional Office Utilities CableElectricPublic SewerPublic Water Zoning Mu-Fh(

Listing provided courtesy of Granath Realty Group, Inc. Listing information © 2021 BeachesMLS
 
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The Teri Arbogast Team at Keller Williams Partners SW
2000 NW 150th Ave Suite 1100
Pembroke Pines FL, 33028