$10,000

closing credit¹

402 N Federal Hwy Lake Worth Beach, FL 33460

$1,299,000
4,141 sqft
$314 / sqft
Multi-Family

Property details

About 402 N Federal Hwy

Prime investment opportunity in Downtown Lake Worth Beach. Located on Federal Hwy just four blocks north of Lucerne Avenue, this unique property consists of two separate structures on an oversized double parcel (TOWN OF LAKE WORTH LTS 1 & 2 /LESS W 5 FT SR R/W/ BLK 106) and is zoned Mixed Use Federal Hwy (MU-FH), which allows for a multitude of uses including Low intensity office uses, Low intensity personal service uses, Hotels and motels, Multifamily residences, and more. One structure with frontage on Federal Hwy is two stories housing three (3) dwelling units with nearly 2,800 SF. The second structure has frontage on 4th Ave N and features three (3) dwelling units with approximately 1,700 SF.

Highlights

Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size4,141 sqft
Year built1941
MLS #RX-11023676

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Summary

  • MLS Number: RX-11023676
  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Sean Mooney

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,299,000

402 N Federal Hwy

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Highland Elementary School

Public Magnet EE-5

0.9 mi

500 Highland Ave

5

South Grade Elementary School

Public Magnet PK-5

0.9 mi

716 S K St

2

Barton Elementary School

Public District PK-5

1.9 mi

1700 Barton Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,452. Residents of Lake Worth Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

34%
<35k
44%
35k-100k
20%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
19%
18-34 yrs old
53%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 402 N Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the Parrot Cove neighborhood. This 4,141 square foot home was built in 1941. Features: 0 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $1,299,000.

In January 2025, from all listings sold in Lake Worth Beach, FL there were more than 8 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. In January 2025 in Lake Worth Beach, FL there were 14.8% more homes for sale than in December. In January 2025 median list price was $466,547 and the average listing age was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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