Lake Worth Beach, FL 33460 402 N Federal Highway

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Presented By: Coldwell Banker Premium Realty
  • MLS# RX11023676
  • 09/24/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 4,141

Home Details

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.
Presented By: Coldwell Banker Premium Realty

Interior Features for 402 N Federal Highway

Other Interior Features

Unit 1 DescA/C Unit, Den/Family, Kitchen, Patio
Unit 2 DescA/C Unit, Den/Family, Kitchen, Patio
FlooringTile
SqFt - Living4141.00

General for 402 N Federal Highway

Adult 55+No Hopa
Area5600
AuctionNo
Carport Spaces0.00
ConstructionCBS
CoolingCentral, Electric
Development NameDOWNTOWN LAKE WORTH BEACH
Exterior FeaturesCovered Balcony, Covered Patio, Room for Pool
Gated CommunityNo
Geo AreaPB16
Geo Lat26.620319
Geo Lon-80.051983
HOANone
HeatingCentral, Electric
Legal DescriptionTOWN OF LAKE WORTH LTS 1 & 2 /LESS W 5 FT SR R/W/ BLK 106
PossessionAt Closing, Funding
Property TypeB
REONo
RestrictNone
RoofMetal
Short SaleNo
Source of ExpensesOther
Special InfoSold As-Is
StatusActive
Stories2.0
SubdivisionLAKE WORTH TOWN OF
Tax Year2024
Taxes$9,612
Tenant PaysCable, Electric, Water
Terms ConsideredCash, Conventional, Owner
TypeQuad Plex
UtilitiesPublic Sewer, Public Water
Virtual TourClick here
Year Built1941
ZoningMU-FH

Exterior for 402 N Federal Highway

Lot Description1/4 to 1/2 Acre
Private Pool Y/NNo
Subdiv AmenitiesNone
Unit 1 ParkingOpen Parking
Unit 2 ParkingOpen Parking
WaterfrontNo
WaterfrontNone

Additional Details

Price History

Worth Clark

Price $1,750,000
MLS#RX11023676
List Date 09/24/2024
Property Type Multi-Family
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