508 S Federal Hwy Lake Worth Beach, FL 33460

$1,500,000
Land

Property details

About 508 S Federal Hwy

Unlock a lucrative investment opportunity with our premier property featuring fully entitled and plated lots for 15 townhomes. Benefit from a streamlined development process as the lots come fully entitled, minimizing delays and reducing holding costs. Positioned in a thriving neighborhood, the townhomes enjoy proximity to schools, shopping, and transportation hubs, ensuring a high-demand market. With an upscale resale opportunity. This investment promises a compelling return. Seize the advantage of strategic location, entitlements, and a robust resale value for a profitable venture in the real estate market.

Highlights

StatusAccepting Backup Offers
(Active Under Contract)
MLS #RX-10962239

Virtual tour

Summary

  • MLS Number: RX-10962239
  • Office Name: KW Innovations
  • Office Phone: (561) 735-3000
  • Listing Agent: Ahmed Ribhi Abdeldayem PA
  • Agent Phone: (305) 801-5871

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, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$1,500,000

508 S Federal Hwy

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

South Grade Elementary School

Public Magnet PK-5

0.3 mi

716 S K St

2

Highland Elementary School

Public Magnet EE-5

1.2 mi

500 Highland Ave

2

Barton Elementary School

Public District PK-5

1.3 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 $41,477. Residents of Lake Worth Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

45%
<35k
47%
35k-100k
4%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
27%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 508 S Federal Hwy

This home is located at 508 S Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the South Palm Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $1,500,000.

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. The number of homes for sale in Lake Worth Beach, FL increased by 14.8% between December and January 2025. The median list price of listings available in January 2025 was $466,547, while the average time on the real estate market was 77 days.

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

More resources