1625 S Federal Highway, Lake Worth, FL 33460
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Active

$925,000

1625 S Federal Highway, Lake Worth, FL 33460

Beds
0 Baths
1,806 Sq Ft
1950 Year Built

Property Description

Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.

Property Details

MLS Number
A11975247
Property Type
Quadruplex
City
Lake Worth
County
Palm Beach
Subdivision
BLACKWELL PARK REV PL
Garage
spaces