10
  • 0
  • Bathroom
  • 1356 Sq Ft
  • Area Size
1302 S FEDERAL Highway, FL 33460 | Palm Beach County | B26066751
  • $580,000

Description

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.

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  • Address: FEDERAL
  • Zip/Postal Code: 33460

Details

Updated on August 20, 2026 at 8:51 pm
  • Property ID B26066751
  • Price $580,000
  • Property Size 1356 Sq Ft
  • Bathroom 0
  • Year Built 1960
  • Property Status Active, Residential Income

Additional details

  • Flooring Ceramic Floor, Tile, Vinyl
  • Cooling Wall/Window Unit(s)
  • Area Lake Worth Town Of Add 1
  • Annual Tax 11406
  • Association No
  • Elementary School Barton
  • Private Pool No
  • Listing Terms All Cash, Conventional, VA Loan
  • Waterfront No
  • Subdivision LAKE WORTH TOWN OF ADD 1
  • Total Stories 1
  • Restrictions No Restrictions
  • Heating Window/Wall
  • Structure Type Duplex
  • Tax Year 2025
  • Construction CBS Construction, Stucco
  • Building Area 1757
  • Middle School Lantana
  • View Garden
  • Year Built Details Resale
  • High School Lake Worth
  • Attached Yes
  • Patio / Porch Patio
  • New Construction No
  • Lot Size (Sq Ft) 13250

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