$1,500,000

508 S Federal Hwy Lake Worth Beach, FL 33460

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

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Summary

  • List Price: $1,500,000
  • Directions: 6th ave and federal highway
  • 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: 5/6/2025, 11:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,500,000

508 S Federal Hwy

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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

0.3 mi

716 S K St

4

Highland Elementary School

Public Magnet EE-5

1.2 mi

500 Highland Ave

4

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. The most common annual income of people living in Lake Worth Beach, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents 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

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Frequently asked questions

About 508 S Federal Hwy

The listing price of 508 S Federal Hwy property is $1,500,000.

The property 508 S Federal Hwy is land located in Lake Worth Beach, Florida, 33460.

Accepting Backup Offers: 508 S Federal Hwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 508 S Federal Hwy are: South Grade Elementary School (GreatSchools Rating 5/10), Highland Elementary School (GreatSchools Rating 4/10), Barton Elementary School (GreatSchools Rating 4/10), North Grade K-8 School (GreatSchools Rating 5/10), Palm Beach Maritime Academy (GreatSchools Rating 3/10), Lake Worth Middle School (GreatSchools Rating 3/10), 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).

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 April 2025 more than 7 listings in Lake Worth Beach, FL were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 109 were sold below. In April 2025 in Lake Worth Beach, FL there were 8.9% more homes for sale than in March. While the average time on the market in April 2025 was 55 days, the median list price was $468,478.

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

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