Address
508 S Federal Highway, Lake Worth Beach, FL
Price
$ 1,500,000
Property Attributes
  • MLS#RX10962239
  • TypeLand
  • CountyPALM BEACH
  • CityLake Worth Beach
  • Area5610
  • NeighborhoodLake Worth Town Of Add 1
  • Zip33460
  • StyleCommercial
  • Taxes$ 3333
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Beaches MLS
Property Description

Unlock a lucrative investment opportunity with our premier property featuring fully entitled and plated lots for 15 townhomes. Benefit from a streamlined development process as the lots come fully entitled, minimizing delays and reducing holding costs. Positioned in a thriving neighborhood, the townhomes enjoy proximity to schools, shopping, and transportation hubs, ensuring a high-demand market. With an upscale resale opportunity. This investment promises a compelling return. Seize the advantage of strategic location, entitlements, and a robust resale value for a profitable venture in the real estate market.

Price History
2/23/2024 Listed $1,500,000

General Features

Zoning MU-FH(
HOA None
Status Active
REO No
Subdivision LAKE WORTH TOWN OF ADD 1
Style Commercial
Type Commercial Land
Property Type C
Area 5610
# Parcels 9
Auction No
Development Name The Cloisters Of Lake Worth
Tax Year 2023
Terms Considered Cash,Conventional
Short Sale No
Taxes 3333.24
Geo Lat 26.609548
Utilities Available Electric
Virtual Tour https://www.propertypanorama.com/508-S-Federal-Highway-Lake-Worth-Beach-FL-33460/unbranded
Geo Area PB16
Geo Lon -80.051909
Legal Description LAKE WORTH TOWN OF ADD 1 LT 8 BLK 3 & 40 FT ABND PT OF O ST LYG W OF & ADJ TO

Exterior Features

Lot Description < 1/4 Acre
Improvements Cleared
Waterfront No
Roads City/County Maint.,County Road
Trees None
Ground Cover Grassed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33460

Price
AVG $840K
$1.5M
Taxes
AVG $5,810
$3,333
Visits
AVG 154
113
Data Provided by Inside Real Estate®

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