#RX-11075296, Robert Alarcon, Listing office: A21 Realty LLC

1120 S Federal Hwy Lake Worth Beach, FL 33460
Property details
About 1120 S Federal Hwy
LOCATION! Great Opportunity Zoning: Residential, and Commercial Office, Retail or Medical. Currently Multifamily use. 3 minutes to the Intracoastal and only 10 minutes to the golden sands of Palm Beach, this exceptional property offers a rare blend of lifestyle and investment potential. Zoned for mixed use--commercial and residential. 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. 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. $70 million luxury hotel renovation 7min away.
Highlights
Virtual tour
Summary
- Flooring Type: Tile, Wood Floor
- Private Pool: No
- Waterfront: Intracoastal
- View: Garden
- Exterior: Fruit Tree(s)
- Heating: Electric
- Cooling: Ceiling Fan(s), Electric, Gas
- List Price: $699,000
- Price/SqFt: $385
- Lot: Paved, Sidewalk
- Year Built: 1961
- Stories: 2
- Living Area: 1,812 SqFt
- MLS Number: RX-11091911
- Office Name: Coldwell Banker
- Office Phone: (561) 395-2233
- Listing Agent: Irina Borisova
- Agent Phone: (561) 507-8287
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Last updated on: 7/16/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
South Grade Elementary School
Public Magnet PK-5
0.4 mi
•716 S K St
4
Barton Elementary School
Public District PK-5
1.0 mi
•1700 Barton Rd
4
Lantana Elementary School
Public District PK-5
1.3 mi
•710 W Ocean Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,143. Most Lake Worth Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1120 S Federal Hwy
The listing price of 1120 S Federal Hwy property is $699,000.
The property 1120 S Federal Hwy is a multi located in Lake Worth Beach, Florida, 33460.
Active Listing: 1120 S Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1120 S Federal Hwy are: South Grade Elementary School (GreatSchools Rating 5/10), Barton Elementary School (GreatSchools Rating 4/10), Lantana Elementary School (GreatSchools Rating 4/10), Palm Beach Maritime Academy (GreatSchools Rating 3/10), Lantana Community Middle School (GreatSchools Rating 3/10), North Grade K-8 School (GreatSchools Rating 5/10), Lake Worth Community High School (GreatSchools Rating 3/10), Palm Beach Maritime Academy High School (GreatSchools Rating 5/10), Palm Beach Preparatory Charter Academy (GreatSchools Rating 2/10).
The property 1120 S Federal Hwy is 1,812 SqFt (source: MLS/tax record).
The year of construction for 1120 S Federal Hwy is 1961.
This home is located at 1120 S Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the South Palm Park neighborhood. This 1,812 square foot home was built in 1961. Features: 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $699,000.
In June 2025 more than 11 listings in Lake Worth Beach, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 123 were sold below. The number of homes for sale in Lake Worth Beach, FL increased by 4.1% between May and June 2025. In June 2025 median list price was $465,000 and the average listing age was 74 days.