1302 S FEDERAL Highway, Lake Worth Beach, FL 33460

• 1,356 sqft

Property Description

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.

Listing Status:

Active

Date Added:

August 21, 2026

Data Last Updated:

September 28, 2026 at 7:18AM

Listing Office:

RE/MAX Direct : 561-880-2600

Listing Agent:

Sheerin Feizi : 561-866-6498

MLS ID:

B26066751

Interior

• Laundry: Laundry Room
• Flooring: Ceramic TileTileVinyl
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace
• Disability Feature: None

Exterior

• General: GardenOutdoor Living AreaStorage
• Other Structures: StoragePorchPatio
• Parking: Parking spaces: 5

Construction

• Roofing: Composition
• General: BlockStucco1

Location

• Originating MLS: BEACH_BEACH
• County: Palm Beach

Lot

• Zoning: MU-FH (city)ADD 1 TO TOWN OF LAKE WORTH LT 7 /LESS W 5 FT/ & LT 8 BLK 6738434427010670070
• View: GardenView
• Fencing: Fenced

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available3 Phase
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH