$575,000
1302 S FEDERAL Highway
LAKE WORTH TOWN OF ADD 1
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
Price Check
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.
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 estimateListing 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 linkGeneral 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
About 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 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
Frequently Asked Questions
- 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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Recent Sales
Recently sold homes in ZIP 33460
These are the last 6 recorded closings in ZIP 33460, with the price each home actually sold for rather than what it was listed at. They closed at a median of $315 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$475,000
Sold · October 15, 2026
7 Lakeside Palms Court
0 bed · 0 bath
$68,000 under the asking price
Sold$357,000
Sold · October 13, 2026
1117 3rd Avenue N 1
0 bed · 0 bath · 952 sqft · $375/sqft
$12,000 under the asking price
Sold$396,000
Sold · October 13, 2026
722 S E Street
3 bed · 3 bath · 1,432 sqft · $277/sqft
$27,000 over the asking price
Sold$370,000
Sold · October 13, 2026
602 S Federal Highway 5
3 bed · 2.5 bath · 1,511 sqft · $245/sqft
$15,000 under the asking price
Sold$1,057,500
Sold · October 8, 2026
1629 S Lakeside Drive
4 bed · 2 bath · 3,355 sqft · $315/sqft
$42,500 under the asking price
Sold$1,200,000
Sold · October 7, 2026
312 Fordham Drive
4 bed · 2 bath · 2,208 sqft · $543/sqft
$100,000 over the asking price
See every recorded sale in ZIP 33460 or find out what your ZIP 33460 home is worth.






