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1102 N Federal Highway

Lake Worth, FL 33460
  • $2,000,000
  • STATUS: Active
  • ON SITE: 275 Days
  • MLS #: RX-10710358
UPDATED: 83 min ago
$2,000,000
  • 0
    BEDS
  • 1.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,250
    SQFT
  • $320
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1944
County:
Area:

School Ratings & Info

Description

THE JUNGLE BOOK - SEE VIDEO & BROCHURE1.24 Acres with incredible Land Development Opportunity. 1102-1130 N Federal Hwy, consists of 8 assembled blocks on 400 ft of footage on US 1. The development of 24 units is allowed by right, & 31 units can be achieved by the sustainable bonus incentive. Zoned MF-20 with 10 existing units consisting of 1 one br cottage, 2 two br apts, 3 one br apts, 4 studios, 2 detached garages, & New Coin Operated Laundry. On-site Well Pump provides 90% of Landscaping Water. This property's unique landscaping features Hundreds of Exotic Plant Species, Palms, & 5 different Mango Tree Variations. Close proximity to Palm Beach Intl. Airport, Lake Worth Beach, Lake Worth Golf Course, Downtown Lake Avenue, City Place, West Palm Beach, Publix, and more.

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www.ewm.com/homes/116398244
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1102 N Federal Highway Lake Worth, FL 33460

  • Price: $2,000,000
  • Status: Active
  • On Site: 275 Days
  • Updated: 83 min ago
  • MLS #: RX-10710358
0
Beds
0
Baths
0
½ Baths
1.24
Acres
6,250
SQFT
$320
$/SQFT
1944
Built
Neighborhood:
Town Of Lake Worth
County:
Palm Beach
Area:
Lake Worth
Property Description
THE JUNGLE BOOK - SEE VIDEO & BROCHURE1.24 Acres with incredible Land Development Opportunity. 1102-1130 N Federal Hwy, consists of 8 assembled blocks on 400 ft of footage on US 1. The development of 24 units is allowed by right, & 31 units can be achieved by the sustainable bonus incentive. Zoned MF-20 with 10 existing units consisting of 1 one br cottage, 2 two br apts, 3 one br apts, 4 studios, 2 detached garages, & New Coin Operated Laundry. On-site Well Pump provides 90% of Landscaping Water. This property's unique landscaping features Hundreds of Exotic Plant Species, Palms, & 5 different Mango Tree Variations. Close proximity to Palm Beach Intl. Airport, Lake Worth Beach, Lake Worth Golf Course, Downtown Lake Avenue, City Place, West Palm Beach, Publix, and more.
Exterior Features

Construction Cbs Miles To Beach 2 Roof Comp Shingle Waterfront YN No

Interior Features

Bath Toilets 11.00 Cooling Wall-Win A/C Flooring Ceramic TileConcreteTerrazzo FloorWood Floor Heating No HeatWindow/Wall Percent Air Conditioned 100.00 Unit1 Full Baths 4 Unit1 Unit Desc Efficiency Unit2 Full Baths 4 Unit2 Unit Desc 1 Bedroom Unit3 Full Baths 2 Unit3 Unit Desc 2 Bedroom

Property Features

Auction No Available Docs None Available Info Photos Fire Protection Smoke Detector For Lease No For Sale Yes Land Income Income (Nursery)Income (Other Land) Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Beach AreaCityCounty Meters 1.00 Possession At Closing Sale Includes Building And LandFixturesInventoryLicenseMachinery Tax Amount Real Estate Taxes 22838.00 Tax Year 2020 Tenant Pays CableElectric Tenants 10 Terms Considered CashConventionalExchange Type Of Building CondoIncomeResident. Multi-Fam.Resident. Single FamRetailShopping Center Unit1 Units 4 Unit2 Units 4 Unit3 Units 2 Use Income Utilities Public SewerPublic WaterWater Available Zoning Mf-20

Listing provided courtesy of Park View Realty. Listing information © 2022 BeachesMLS
 
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