1302 S FEDERAL Highway, Lake Worth Beach, FL 33460

$575,000 · Active

  • 0 baths
  • 1,356 sq ft
  • Duplex
  • Built 1960
  • Lot 13,068 sq ft
  • MLS# B26066751
  • Lake Worth Town Of Add 1
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About this home

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.

Features

Schools

  • Elementary: Barton
  • Middle: Lantana Community
  • High: Lake Worth

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RE/MAX Direct · Listing agent: Sheerin Feizi

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1302 S FEDERAL Highway.

Questions About 1302 S FEDERAL Highway

How much is 1302 S FEDERAL Highway?
1302 S FEDERAL Highway is listed at $575,000, which is about $424 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1302 S FEDERAL Highway?
The listing reports annual property taxes of $11,407 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1302 S FEDERAL Highway built?
1302 S FEDERAL Highway was built in 1960 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1302 S FEDERAL Highway been on the market?
1302 S FEDERAL Highway has been listed for 34 days, and the asking price has been reduced from $580,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1302 S FEDERAL Highway?
The MLS lists Barton (elementary), Lantana Community (middle), Lake Worth (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1302 S FEDERAL Highway?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 1020 S K Street, Lake Worth Beach, FL 33460 is comparable and listed for sale at $569,900. Another comparable home, 1125 N F Street, Lake Worth Beach, FL 33460, sold for $630,000 in September 2026. Other Lake Worth Beach neighborhoods include Murry Hills and Lake Clarke Gardens. Nearby ZIP codes include 33426 and 33435. This property also neighbors Boynton Beach, Palm Beach, and West Palm Beach. Compare it with the Lake Worth Beach housing market report.