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1102 N Federal Highway

Lake Worth, FL 33460
  • $2,000,000
  • STATUS: Active
  • ON SITE: 183 Days
  • ID#: RX-10710387
UPDATED: 37 min ago
$2,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,250
    SQFT
  • $320
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Description

THE JUNGLE BOOK - SEE VIDEO & BROCHURE 1.24 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.doyouneedahome.com/homes/116400979
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1102 N Federal Highway Lake Worth, FL 33460

  • Price: $2,000,000
  • Status: Active
  • Updated: 37 min ago
  • ID#: RX-10710387
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,250
SQFT
$320
$/SQFT
1955
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth
Property Description
THE JUNGLE BOOK - SEE VIDEO & BROCHURE 1.24 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

Carport Spaces 2.00 Construction BlockCbsConcrete Exterior Features Room For PoolUtility BarnZoned Sprinkler Lot Description 1 To < 2 Acres Private Pool YN No Roof Comp Shingle Unit1 Parking None Unit2 Parking None View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Wall-Win A/C Flooring Ceramic TileConcreteTileWood Floor Heating Window/Wall Unit1 Desc A/C UnitMicrowave Unit1 Full Baths 0 Unit1 Furnished Partial Unit1 Info Efficiency Unit1 Sq Ft 0 Unit2 Desc A/C Unit Unit2 Full Baths 0 Unit2 Furnished Partial Unit2 Sq Ft 0 Unit3 Sq Ft 0 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Available Info None Built Desc Resale Gross Operating Income 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 8000.00 Subdivision Amenities Common LaundrySidewalks Tax Amount 22838.00 Tax Year 2020 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventionalExchange Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Mf-20

Listing provided courtesy of Park View Realty. Listing information © 2021 BeachesMLS
 
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