1302 S Federal Highway, Lake Worth Beach, FL 33460
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: sheerin feizi, andrew gellert
Office: re/max direct
MLS#:B26066751
Source:RMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$327.26
About this home
OWNER FINANCING - Available!!! 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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Home facts
- Year built:1960
- Subdivision & Development:LAKE WORTH TOWN OF ADD 1
- Listing ID #:B26066751
- Added:50 day(s) ago
- Updated:October 10, 2026 at 01:13 PM
Rooms and interior
- Flooring:Ceramic Tile, Tile, Vinyl
- Living area:1,356 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1960
- Building area:1,356 sq. ft.
- Construction Materials:Block, Stucco
- Exterior Features:Patio, Porch
- Levels:1 Story
Schools
- High school:Lake Worth
- Middle school:Lantana Community
- Elementary school:Barton
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$327.26
- Tax amount:$11,407 (2025)
Parking
- Total parking spaces:5
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