1302 S FEDERAL Highway, FL 33460

Discover a versatile residential income opportunity in Lake Worth Beach, Palm Beach County. Built in 1960, this Twin Home, Half Duplex property offers approximately 1,356 square feet of living area on two lots totaling about 13,250 square feet, with nearly 100 feet of U.S. Highway frontage and approximately 135 feet of depth. The garden-view property is located East of US1 in the LAKE WORTH TOWN OF ADD 1 subdivision.
The existing duplex includes a spacious 3-bedroom, 2-bath residence and a 1-bedroom, 1-bath unit. Pets are allowed. Features include central heating, central air, and wall or window unit cooling. Electric service is currently shared between the units, while water, sewer, electric, and garbage are provided by Lake Worth Beach and appear on one utility bill.
Zoned MU-FH, Mixed Use Federal Highway, the site may support multifamily and mixed-use commercial development. Buyers may explore keeping the income-producing duplex, developing the south lot, or redeveloping the entire property. Previous information suggests potential for approximately 14 units with applicable affordable-housing incentives, subject to city approval and independent verification of zoning, density, permitted uses, setbacks, and development requirements.
Located near Downtown Lake Worth Beach, the Atlantic Ocean, Tri-Rail, West Palm Beach, Palm Beach, and Palm Beach International Airport, this location offers year-round sunshine, beautiful beaches, dining, shopping, entertainment, and convenient transportation. Enjoy the relaxed coastal lifestyle of South Florida with access to Miami’s vibrant culture and infrastructure.
For details about 1302 S FEDERAL Highway, FL 33460, call or WhatsApp +1 786.468.4380.