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1302 S FEDERAL Highway, Lake Worth Beach, FL 33460
Under Contract
39 Days on Market
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$575,000

1302 S FEDERAL Highway

Lake Worth Beach, FL 33460

LAKE WORTH TOWN OF ADD 1

Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate

How this price compares

Asking price
$575,000
Price per sq ft
$424
Original price
$580,000
Days on market
39

This multi-family property in ZIP 33460 went under contract with an asking price of $575,000, or $424 per square foot. The asking price has come down 0.9% from its original $580,000. It spent 39 days on the market before going under contract.

0
Bedrooms
0
Bathrooms
1,356
Living Sq Ft
1960
Year Built

Estimated monthly payment

$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 estimate

Listing Snapshot

Price
$575,000
Days on Site
39 Days
Bedrooms
0
Total Baths
0
Living Area
1,356 sqft
Total Sq Ft
1,757 sqft
Lot Size
0.3 Acres
Year Built
1960
Property Type
Multi-Family
MLS #
B26066751
Property Tax
$11,407 (2025)
Subdivision
LAKE WORTH TOWN OF ADD 1
County
Palm Beach
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

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.

MLS media link

General Features

Property Type
Multi-Family
Status
Under Contract
Year Built
1960
Property Condition
Resale
Number of Stories
1
Levels
One
Lot Size (Acres)
0.3
Living Sq Ft
1,356
Total Sq Ft
1,757
Structure Type
Duplex
Sewer
Public Sewer
Water Source
Public
Zoning
MU-FH (city)

Interior Features

Cooling
Wall Window Units
Heating
Wall Furnace
Flooring
Ceramic Tile / Tile / Vinyl
Laundry
Laundry Room

Exterior Features

Construction
CBS Concrete Block Structure / Block / Stucco
Roof
Composition
Exterior Features
Garden / Outdoor Living Area
Patio & Porch
Patio / Porch
Lot Features
None / Quarter To Half Acre Lot
Waterfront Features
None
View
Garden

Community & HOA

Utilities
Electricity Available / Sewer Available / Water Available
Pets Allowed
Cats Ok / Dogs Ok / Yes
Financing Terms
Cash / Conventional / Va Loan
Restrictions
No Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area
5640

Schools

Elementary School
Barton
Middle School
Lantana Community
High School
Lake Worth

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 agent to schedule a private showing.

Homes for Sale
223
Under Contract
50
Median List Price
$449,999
Median Sale Price (September)
$465,000
Median $/Sq Ft
$359
Avg Days on Market
126
View all 223 homes for sale in Lake Worth Beach →
How do I schedule a tour of 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460?
Use the Tour button on this listing to request a showing of 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460 still available?
1302 S FEDERAL Highway, Lake Worth Beach, FL 33460 is currently listed as Under Contract, and has been on the market 39 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460?
With 20% down ($115,000) on the $575,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460 is about $3,022/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460?
1302 S FEDERAL Highway, Lake Worth Beach, FL 33460 is zoned for Barton (elementary), Lantana Community (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460?
Often, yes. The right offer on 1302 S FEDERAL Highway, Lake Worth Beach, FL 33460 depends on how it's priced against comparable multi-family sales in Lake Worth Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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. 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

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Listed by Sheerin Feizi, RE/MAX Direct

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