- MLS#: RX-11124535 ( Duplex )
- Street Address: 1120 Federal Highway S
- Viewed: 36
- Price: $699,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 0
- Days On Market: 103
- Additional Information
- Geolocation: 26.6017 / -80.0521
- County: PALM BEACH
- City: Lake Worth Beach
- Zipcode: 33460
- Subdivision: Lake Worth Town Of Add 1
- Middle School: Lake Shore
- High School: Palm Beach Lakes
- Provided by: Coldwell Banker
- Contact: Irina Borisova
- (561) 395-2233
- DMCA Notice
-
DescriptionLOCATION Incredible! Great Zoning: Residential, and Commercial, Mixed use, Retail or Medical. Currently Multifamily use. 3 min walk to the Intracoastal and only 5 minutes drive to the golden sands of Palm Beach Island home to many billionaires, this exceptional property offers a rare blend of lifestyle and investment potential. The second floor alone generates an annual gross rental income of $28,200. One part of the first floor (room) is currently leased for $14,400 annually, while the other half, currently owner occupied, potential for an additional $22,800 in yearly income. It set on a spacious lot with ample parking; the property includes a charming 112 square foot patio and a large yard offering room to build or expand in the future. Walk to $70 million luxury hotel renovation.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Apply Now- Absolute Longitude: 80.052105
- Construction: Block, Concrete, Stucco
- Exterior Features: Fruit Tree(s)
- Flooring: Tile, Wood Floor
- Roof: Comp Shingle
- Sqft Source: Appraisal
- Sqft Total: 1812.00
- Total Building Sqft: 1456.00
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
- Lot Description: < 1/4 Acre, Paved Road, Public Road, Sidewalks
- Subdivision Information: Extra Storage
- High School: Palm Beach Lakes High School
- Middle School: Lake Shore Middle School
- Private Pool: No
- Storm Protection Impact Glass: Complete
- Storm Protection Panel Shutters: Complete
- Waterfront Details: Intracoastal, One Bridge
- 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
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 60000.00
- Income Expenses Annual Total Expense: 5400.00
- Income Expenses Gross Operating Inc: 65000.00
- Source Of Expenses: Owner
- Tax Year: 2024
- Tenant Pays: Electric, Sewer, Water
- 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
- Parcel Id: 38434427010490040
- Special Assessment: No
- Special Info: Sold As-Is
- View: Garden
- Views: 36
- Zoning: MU-FH(
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- Richard Rovinsky, REALTOR ®
- Tropic Shores Realty
- Mobile: 843.870.0037
- Office: 352.515.0726
- rovinskyrichard@yahoo.com