402 North Federal Highway
$1,299,000
—
4,141
4,141
$314
Listed By Compass
Description
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...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.
Listing Agents
Property Details for 402 North Federal Highway
Subdivision
LAKE WORTH TOWN OF
WaterfrontNo
Waterfront DetailsNone
StyleNo Pool/No Water
LISTING UPDATED: 12/19/2024 03:31 PM
Property Details for 402 North Federal Highway
Status | Active |
---|---|
MLS # | RX-11023676 |
Days on Market | 89 |
Taxes | $9,612 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quad Plex |
Year Built | 1941 |
Lot Size | 0.30 AC / 13,007 SF |
County | Palm Beach County |
Building Information for 402 North Federal Highway
Stories2Residences-Year Built1941Building Size-Lot Size0.30 AC / 13,007 SF
Property Information for 402 North Federal Highway
Property History for 402 North Federal Highway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 402 North Federal Highway
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Grade Elementary School PublicK to 8 | ||
Lake Worth Community Middle School Public6 to 8 | ||
Lake Worth High School Public9 to 12 | ||
Palm Beach Preparatory Charter Academy Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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