ActiveDuplex
1302 S FEDERAL Highway, FL 33460
FL 33460 · MLS #B26066751The residence
About this property
OWNER FINANCING - Available!!! Exceptional Duplex Investment & Development Opportunity in Lake Worth Beach! Situated on two lots totaling approximately 100 feet of frontage on Federal Highway by 135 feet deep, this versatile property offers multiple possibilities for investors, developers, or owner-occupants. The property is currently configured as a duplex featuring a spacious 3-bedroom, 2-bath residence plus a 1-bedroom, 1-bath unit. The property offers an opportunity to maintain the existing income-producing property while exploring additional development potential on the south lot. Zoned MU-FH - Mixed Use Federal Highway, the property offers both multifamily and mixed-use commercial potential. A buyer may consider retaining the existing duplex and developing an additional structure on the adjacent lot, or potentially clearing and redeveloping the site. Previous information indicates the possibility of development of up to approximately 14 units when utilizing applicable affordable-housing incentives, subject to verification and approval by the City of Lake Worth Beach and all applicable governmental authorities. Buyer is encouraged to independently verify zoning, density, permitted uses, setbacks, affordable-housing incentives, and development requirements. Excellent location along the Federal Highway corridor, just minutes from Downtown Lake Worth Beach, Lake Worth Beach and the Atlantic Ocean, the Lake Worth Beach Tri-Rail station, Downtown West Palm Beach, Palm Beach, and Palm Beach International Airport. Convenient access to dining, shopping, entertainment, major roadways, public transportation, and South Florida's coastal lifestyle. Utilities are provided through Lake Worth Beach, with water, sewer, electric, and garbage appearing on one utility bill. Electric service is currently shared between the units. ALL SIZES, DIMENSIONS, DEVELOPMENT POTENTIAL, ZONING INFORMATION, AND PROPERTY INFORMATION ARE APPROXIMATE AND SUBJECT TO INDEPENDENT VERIFICATION BY BUYER.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Bathrooms
- 0
- Living area
- 1,356 sq. ft.
- Year built
- 1960
- Lot size
- 13,250 sq. ft.
- Subdivision
- LAKE WORTH TOWN OF ADD 1
- County
- Palm Beach County
- Days on market
- 27
- Original list price
- $580,000
- Listing date
- August 20, 2026
- Annual property tax
- $11,406 (2025)
- Listing agent
- Sheerin Feizi
- Listing office
- RE/MAX Direct
- MLS number
- B26066751
Neighborhood & location
Explore LAKE WORTH TOWN OF ADD 1
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- School District of Palm Beach County
Plan your purchase
Mortgage calculator
- Principal & interest
- $2,908
- Property taxes
- $951
- Homeowners insurance
- $288
- Estimated total
- $4,146
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of RE/MAX Direct, 561-880-2600.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.