Duplex in 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460 for sale with MLS# B26066751
OWNER FINANCING - Available!!! Exceptional Duplex Investment & Development Opportunity in Lake Worth Beach! Situated on two lots totaling approximately 100 feet of frontage on Federal Highway by 135 feet deep, this versatile property offers multiple possibilities for investors, developers, or owner-occupants. The property is currently configured as a duplex featuring a spacious 3-bedroom, 2-bath residence plus a 1-bedroom, 1-bath unit. The property offers an opportunity to maintain the existing income-producing property while exploring additional development potential on the south lot. Zoned MU-FH - Mixed Use Federal Highway, the property offers both multifamily and mixed-use commercial potential. A buyer may consider retaining the existing duplex and developing an additional structure on the adjacent lot, or potentially clearing and redeveloping the site. Previous information indicates the possibility of development of up to approximately 14 units when utilizing applicable affordable-housing incentives, subject to verification and approval by the City of Lake Worth Beach and all applicable governmental authorities. Buyer is encouraged to independently verify zoning, density, permitted uses, setbacks, affordable-housing incentives, and development requirements. Excellent location along the Federal Highway corridor, just minutes from Downtown Lake Worth Beach, Lake Worth Beach and the Atlantic Ocean, the Lake Worth Beach Tri-Rail station, Downtown West Palm Beach, Palm Beach, and Palm Beach International Airport. Convenient access to dining, shopping, entertainment, major roadways, public transportation, and South Florida's coastal lifestyle. Utilities are provided through Lake Worth Beach, with water, sewer, electric, and garbage appearing on one utility bill. Electric service is currently shared between the units. ALL SIZES, DIMENSIONS, DEVELOPMENT POTENTIAL, ZONING INFORMATION, AND PROPERTY INFORMATION ARE APPROXIMATE AND SUBJECT TO INDEPENDENT VERIFICATION BY BUYER.
1302 S FEDERAL Highway, Lake Worth Beach, FL 33460
- Price:
- $575,000.00
- Original List Price:
- $580,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $424.04
- Tenant Pays:
- Electricity, Water, Sewer
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 27, 2026 6:29 pm
- Other Special Conditions:
- Sold As-is
- Living Area:
- 1,356 Sqft
- Built-Up Area:
- 1,757 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Appraiser
- Lot Size Acres:
- 0.3
- View from the Property:
- Garden
- Waterfront:
- No
- Exterior:
- Garden
- Patio and Porch:
- Patio, Porch, Patio - Open, Porch - Open
- Other Structures:
- Storage
- Laundry:
- Laundry Room
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Fence:
- Fenced
- Storm Protection Impact Glass:
- Complete
- Year Built:
- 1960
- Roof:
- Composition
- Number of Units Total:
- 2
- Levels:
- Two
- Construction Materials:
- Stucco, CBS
- Flooring:
- Tile, Vinyl, Ceramic Tile
- Number of stories:
- 1
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Stories:
- 1
- Road Frontage Type:
- East of US-1
- Flood Zone Code:
- AE,X
- Property Condition:
- Resale
- Tax Annual Amount:
- $11,406.79
- Tax Year:
- 2025
- Tax Assessed Value:
- $504,722.00
- Property Tax Details:
- City/County, No Homestead
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Electricity Available, Sewer Available, Water Available
- Water Source:
- Public
- Pets Allowed?:
- Yes, Dogs Ok, Cats Ok
- Subdivision Name:
- LAKE WORTH TOWN OF ADD 1
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Short Term Rentals Allowed
- Documents Available:
- Deposit - Security, Copy Of Lease(s), Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional, VA Loan
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- ADD 1 TO TOWN OF LAKE WORTH LT 7 /LESS W 5 FT/ & LT 8 BLK 67
- Real Estate Folio Number (Parcel Number):
- 38434427010670070
- Zoning:
- MU-FH (city)
- Elementary School:
- Norcrest
- High School:
- Lake Worth
- Middle Or Junior School:
- Lantana Community
- Active on the market since:
- August 21, 2026
- Listing Agreement executed on:
- August 20, 2026
- Price change occurred on:
- August 27, 2026 6:29 pm
- Listing Status Last Changed On:
- August 21, 2026 12:43 am
- Photos updated on:
- August 21, 2026 12:55 am
- Last Modified:
- August 31, 2026 5:59 pm
- Courtesy of:
- RE/MAX Direct
- Attribution:
- Not provided
- Street Name:
- FEDERAL
- Street Number:
- 1302
- City:
- Lake Worth Beach
- State:
- Florida
- Zip Code:
- 33460
- County:
- Palm Beach
- Latitude:
- N26° 35' 59.3''
- Longitude:
- W81° 56' 52.2''
- Street Suffix:
- Highway
- Street Direction Prefix:
- S
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460
