1123 N Federal Highway Lake Worth Beach, FL
$ 849,000
Property Attributes
  • MLS#RX-10753663
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityLake Worth Beach
  • Area5620
  • NeighborhoodLake Worth
  • Zip33460
  • StyleQuad Plex
  • Year Built1956
  • Taxes$ 7502
  • Price$ 849,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3083
  • Lot Size0.31 Acres
Listing Provided Courtesy Of:
Granath Realty Group, Inc
Data Source:
Beaches MLS
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!

Price History
10/21/2021 Listed $849,000

General Features

Adult 55+ No Hopa
Area 5620
Auction No
Carport Spaces 1.00
Construction CBS
Cooling Ceiling Fan, Wall-Win A/C
Exterior Features Covered Patio, Room for Pool, Screened Patio, Shed
Flooring Terrazzo Floor, Tile
Geo Area PB16
Geo Lat 26.629353
Geo Lon -80.052224
HOA None
Heating Other, Window/Wall
Legal Description TOWN OF LAKE WORTH LTS 11 & 12 BLK 352
Possession At Closing
Property Type B
Restrict None
Roof Comp Shingle
Short Sale No
Source Of Expenses Other, Owner, Proforma
Status Active
Stories 1.0
Subdivision LAKE WORTH
Tax Year 2020
Taxes 7502.00
Tenant Pays None
Terms Considered Cash, Conventional
Type Quad Plex
Utilities Cable, Electric, Public Sewer, Public Water
Virtual Tour
Waterfront No
Waterfront None
Year Built 1956
Zoning MU-FH(

Interior Features

SqFt - Living 3083.00
Total # Of Units 6
Unit 1 Desc A/C Unit
Unit 2 Desc A/C Unit

Exterior Features

Lot Description 1/4 to 1/2 Acre
Private Pool Y/N No
Subdiv Amenities None
Unit 1 Parking Space Parking
Unit 2 Parking Space Parking


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33460

AVG $800K
AVG $8,867
AVG 201
Year Built
AVG 1948
AVG 74
Data Provided by Walkscore ® not using MLS data

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