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$575,000
LAKE WORTH TOWN OF ADD 1
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
$3,022 /mo
Principal and interest only, based on $115,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateOWNER 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.
Virtual TourAbout the Area
Browse Lake Worth Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Lake Worth Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Lake Worth Beach listings below. Then connect with a Pure Equity Realty agent to schedule a private showing.
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Listing courtesy of RE/MAX Direct
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$575,000
Contact us to schedule a showing or ask a question.
Listed by Sheerin Feizi, RE/MAX Direct
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