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402 Federal Highway N
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PRICED AT ONLY: $1,500,000

Address: 402 Federal Highway N, Lake Worth Beach, FL 33460

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 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.

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  • MLS#: RX-11023676 ( Quad Plex )
  • Street Address: 402 Federal Highway N
  • Viewed: 13
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1941
  • Bldg sqft: 0
  • Days On Market: 93

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 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.
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Features
Building and Construction
  • Absolute Longitude: 80.051983
  • Construction: CBS
  • Exterior Features: Covered Balcony, Covered Patio, Room for Pool
  • Flooring: Tile
  • Roof: Metal
  • Sqft Source: Tax Rolls
  • Sqft Total: 4439.00
  • Total Building Sqft: 4141.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: 1/4 to 1/2 Acre
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection: None
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central, Electric
  • Heating: Central, Electric
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Public Sewer, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 0.00
  • Income Expenses Annual Total Expense: 0.00
  • Income Expenses Gross Operating Inc: 0.00
  • Source Of Expenses: Other
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Water
Other Features
  • Avail Info: Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: TOWN OF LAKE WORTH LTS 1 & 2 /LESS W 5 FT SR R/W/ BLK 106
  • Parcel Id: 38434421151060010
  • Possession: At Closing, Funding
  • Special Info: Sold As-Is
  • Views: 13
  • Zoning: MU-FH
Nearby Subdivisions
Bryant Park   Lake Worth Beach   Lake Worth Heights   Lake Worth Town   Lake Worth Town Add 01   Lake Worth Town Of   Lake Worth Town Of Add 1   Lakeview Heights Add 3   Latona Court Amnded Plat   North Lake Worth   Parkview Heights   S/d Of 21-44-43, W 1/2 In   Worthmore Park  
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Kevin Mecabe

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