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1022 N Federal Hwy, Boynton Beach, FL 33435
$1,092,000 Sale Pending
1022 N Federal Hwy, Boynton Beach, FL 33435View this property at 1022 N Federal Hwy, Boynton Beach, FL 33435
1022 N Federal HwyBoynton BeachFL33435
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Property Description
Location Location Location!!!! Commercial Corner Lot Vacant Land on corner of busy Federal and Martin Luther King. This property happens to be located in the "Opportunity ZONE". One of the major benefits afforded by opportunity zones primarily include the permanent exclusion of taxable income on any new capital gains. Very Rare, but it is this property! Zoned C-4 good for Car Wash, Hotel/Motel, Restaurant, Health Facility, Urgent Care, Laundry and many more options to build. Great Opportunity in an up and coming area. Close and conveniently located to Numerous National Retailers such as Publix, Panera, and Wells Fargo Bank to name a few. Seller is motivated and ready to review your offer. Structure on Property is a total knockdown. Price is for the Land only. Call with any questions!
Full Property Details
Full Property Details for 1022 N Federal Hwy
General
- Price: $1,092,000
- Taxes: $10,055 (2022)
- Status: Pending
- Type: Commercial Land
- MLS ID: A11384559
- Updated: 3/25/2024
- Added to Site: 356 day(s) ago
Location
- Area: Lake Add To Boynton
- County: Palm Beach County
- Subdivision: LAKE ADD TO BOYNTON
- Building Name: LAKE ADD TO BOYNTON
Community
- Community Name: Lake Add To Boynton
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Natural Gas Connected, Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,575
- Lot Dimensions: 132 x 125
- Frontage Feet: 132
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: None
- Zoning: C4 (city
Financial Considerations
- Tax Amount: $10,055
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: LAKE ADD TO BOYNTON LTS 20 THRU 22 (LESS WLY 17 FT FEDERAL HWY R/W) & 20 FT ABND ALLEY LYG E OF & ADJ TO BLK 3
- Property ID: 8434521320030200
Listed by LoKation
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Schools
Schools serving 1022 N Federal Hwy
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
550 Miner Rd, Boynton Beach, FL 33435 | PK-5 | 1.5 mi | |
1225 W Drew St, Lantana, FL 33462 | 6-8 | 3.1 mi | |
4975 Park Ridge Blvd, Boynton Beach, FL 33426 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1022 N Federal Hwy
Date
Details
Price
Change
Source
2/29/2024
Price Increased
$1,092,000
12.58%
MLS
5/09/2023
Listed
$970,000
385%
MLS
12/02/2002
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1022 N Federal Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,023
20%
$507,515
47%
2021
$10,055
-12%
$345,463
-28%
2022
$11,369
13%
$482,633
40%
2021
$10,055
—
$345,793
2%
2019
$10,084
3%
$339,118
1%
2018
$9,779
1%
$334,137
4%
2017
$9,671
5%
$321,931
6%
2016
$9,247
1%
$304,569
5%
2015
$9,180
-1%
$290,600
2%
2014
$9,281
2%
$285,687
2%
2013
$9,091
—
$278,903
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1022 N Federal Hwy
1022 N Federal Hwy, Boynton Beach, FL 33435 (MLS# A11384559) is a Commercial Land property with a lot size of 0.38 acres. 1022 N Federal Hwy is currently listed for $1,092,000 and was received on May 09, 2023. Want to learn more about 1022 N Federal Hwy? Do you have questions about finding other Commercial Land real estate for sale in Boynton Beach? You can browse all Boynton Beach real estate or contact a Coldwell Banker agent to request more information.