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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 (2024)
- Status: Closed
- Type: Duplex
- Source: Regional
- MLS ID: R11124535
- Added to Site: 107 day(s) ago
Interior
- Flooring: Tile, Wood
Additional Information
- Shared Amenities: Laundry, Storage
- Pool: Yes
- Pool Description: Concrete
Location
- 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
Community
- Community Name: 5600
- Assoc. Fees Include: HVAC
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Gas
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Structure Type: Duplex
- Construction: Block, Concrete, Stucco
- Roof: Composition
- Stories/Levels: 2
- Building Size: 1812
- Square Feet: 1,456
- Living Area: 1,456 Sq. Ft.
- Year Built: 1961
- Property Condition: Resale
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Frontage: Public Road, Paved
- Sidewalks: Yes
- Lot Features: Fruit Trees, 1/4 Acre
- Zoning: MU-FH(
Water Features
- Water Front Desc.: Fixed Bridge, Intracoastal Access
- Water Front View: Fixed Bridge, Intracoastal Access
Financial Considerations
- Tax Amount: $6,930.74
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
- Tenant Pays: Electricity, Sewer, Water
Disclosures and Reports
- Special Conditions: Listed As-Is
- Documents Avail.: Lease
- Legal Description: ADD 1 TO TOWN OF LAKE WORTH LT 4 BLK 49
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 38434427010490040
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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 Beach, FL 33460 (MLS# R11124535) is a Duplex 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 Duplex real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.


