Address: 1120 Federal Highway S, Lake Worth Beach, FL 33460
Description
LOCATION! Intracoastal 3 min walk, 10 min walk to the Beach on Palm Beach. Mixed use / Commercial/Residential Zoning. (attached documents multifamily, retail, hotels, medical etc.) 2 floors, both floors have kitchen and bathroom. 3 entrances to the house. Annual GRI just from 2nd floor $28200, one part of first floor rented $14400 a year. second part can be rented $22800 (now owner there). Plenty of parking. 112 sq feet patio. Huge yard, potential to build in future. First floor pictures coming soon it has white tile floor. Walk to Downtown, Parks, Golf Courses. Walk on gorgeous historic S Palmway to get your groceries, coffee. Lake Worth Beach has its own power generator and RO water treatment plant; you can drink out of the taps. $ 70M renovation hotel project started 7 min walk.
LOCATION! Intracoastal 3 min walk, 10 min walk to the Beach on Palm Beach. Mixed use / Commercial/Residential Zoning. (attached documents multifamily, retail, hotels, medical etc.) 2 floors, both floors have kitchen and bathroom. 3 entrances to the house. Annual GRI just from 2nd floor $28200, one part of first floor rented $14400 a year. second part can be rented $22800 (now owner there). Plenty of parking. 112 sq feet patio. Huge yard, potential to build in future. First floor pictures coming soon it has white tile floor. Walk to Downtown, Parks, Golf Courses. Walk on gorgeous historic S Palmway to get your groceries, coffee. Lake Worth Beach has its own power generator and RO water treatment plant; you can drink out of the taps. $ 70M renovation hotel project started 7 min walk.
Features
Building and Construction
Absolute Longitude: 80.052106
Construction: Block, Concrete, Stucco
Exterior Features: Fruit Tree(s)
Flooring: Tile, Wood Floor
Roof: Comp Shingle
Sqft Source: Floor Plan
Sqft Total: 1812.00
Total Building Sqft: 1812.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre, Paved Road, Public Road, Sidewalks
Subdivision Information: Extra Storage
School Information
High School: Palm Beach Lakes High School
Middle School: Lake Shore Middle School
Eco-Communities
Private Pool: No
Storm Protection Impact Glass: Complete
Storm Protection Panel Shutters: Complete
Waterfront Details: Intracoastal, One Bridge
Utilities
Carport Spaces: 1.00
Cooling: Ceiling Fan, Electric, Gas
Heating: Electric
Number Of Stories: 2.0
Separate Elec Meters: No
Separate Wtr Meters: No
Utilities: Electric, Gas Natural, Public Sewer, Public Water, Water Available
Window Treatments: Impact Glass
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 60000.00
Income Expenses Annual Total Expense: 5000.00
Income Expenses Gross Operating Inc: 65000.00
Source Of Expenses: Owner
Tax Year: 2024
Rental Information
Tenant Pays: Electric, Sewer, Water
Other Features
Avail Info: Deposit Last Month, Deposit Security, Leases
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: ADD 1 TO TOWN OF LAKE WORTH LT 4 BLK 49
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