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$644,000
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Property Description
LOCATION Incredible! Great Zoning: Residential, and Commercial, Mixed-use, Retail or Medical. Currently Multifamily use. 3 min walk to the Intracoastal and only 5 minutes drive to the golden sands of Palm Beach Island - home to many billionaires, this exceptional property offers a rare blend of lifestyle and investment potential. The second floor alone generates an annual gross rental income of $28,200. One part of the first floor (room) is currently leased for $14,400 annually, while the other half, currently owner-occupied, potential for an additional $22,800 in yearly income. It set on a spacious lot with ample parking; the property includes a charming 112-square-foot patio and a large yard offering room to build or expand in the future. Walk to $70 million luxury hotel renovation.
Full Property Details
Full Property Details for 1120 S Federal Hwy
General
- Sold For: $644,000
- Taxes: $6,930
- Status: Closed
- Type: Multi-Family
- Source: Regional
- MLS ID: RX-11124535
- Added to Site: 123 day(s) ago
Interior
- Flooring: Tile, Wood Floor
Exterior
- Exterior Features: Fruit Tree(s)
Location
- Area: 5600
- County: Palm Beach
- Subdivision: Lake Worth Town Of Add 1
- Driving Directions: Going on Federal Hwy North on a Right Side Between 11 Ave and 12 Ave
Heating & Cooling
- Cooling Type: Ceiling Fan, Electric, Gas
- Heating Type: Electric
Utilities
- Utility Description: Electric, Gas Natural, Public Sewer, Public Water, Water Available
Structural Information
- Architectural Style: Duplex/Triplex/Quad
- Construction: Block, Concrete, Stucco
- Roof: Composition Shingles
- Windows/Doors: Impact Glass
- Stories/Levels: 2.0
- Square Feet: 1,456
- Year Built: 1961
Lot Features
- Zoning: MU-FH(
- Lot Description: < 1/4 Acre, Paved Road, Public Road, Sidewalks
Financial Considerations
- Tax Amount: $6,930.74
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Schools
Schools serving 1120 S Federal Hwy
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
South Grade Elementary School 716 S K St, Lake Worth Beach, FL 33460 | PK-5 | 0.4 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 1.3 mi |
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461 | 6-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 S Federal Hwy
Date
Details
Price
Change
Source
12/08/2025
Sold
$644,000
-7.87%
MLS
9/17/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1120 S Federal Highway, Lake Worth, FL 33460 (MLS# RX-11124535) is a Multi-Family property that was sold at $644,000 on December 08, 2025. This property was listed by Irina Borisova from our The Boca Raton Resort & Beaches Office.Want to learn more about 1120 S Federal Highway? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.


