$599,000
$66K PRICE DROP

1302 S Federal Hwy Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated payment $3,950/month

Total Views 2,915
-- Bed
-- Bath
1,356 Sq Ft
$442 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Fenced
  • No Heating
  • Ceramic Tile Flooring

About This Home

Great Income Property Opportunity Duplex and Extra Land That is zoned to Build 5 More Units.Priced For A Quick Sale.Shared Electric,Lake worth beach Water,Sewer,Electric and Garbage All in One BIll.''ALL SIZES & DIMENSIONS ARE APPROXIMATE''

Listing Agent

Leo Moadab

PPI Realty Inc. License #3587790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,350

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 38434427010670070
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $6,800
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,350

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From 95 to 6th ave East to Federal Hwy south to property.
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile, Vinyl
  • Living Area: 1356.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 38434427010670070
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 13251.0
  • Zoning Description: MU-FH(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 40800.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6800.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7350.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,928 $494,124 -- --
2023 $7,350 $253,231 $0 $0
2022 $6,112 $230,210 $0 $0
2021 $5,734 $209,282 $116,203 $93,079
2020 $5,581 $201,373 $116,203 $85,170
2019 $5,401 $197,282 $110,638 $86,644
2018 $4,847 $173,438 $107,458 $65,980
2017 $4,735 $168,270 $102,290 $65,980
2016 $4,601 $164,488 $0 $0
2015 $4,592 $159,850 $0 $0
2014 $4,507 $154,642 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Price Changed $599,000 -1.0% $442 / Sq Ft
04/11/2025 04/11/25 For Sale $605,000 0.0% $446 / Sq Ft
03/31/2025 03/31/25 Off Market $605,000 -- --
03/18/2025 03/18/25 Price Changed $605,000 -2.4% $446 / Sq Ft
03/05/2025 03/05/25 Price Changed $620,000 -0.8% $457 / Sq Ft
02/28/2025 02/28/25 Price Changed $625,000 -0.8% $461 / Sq Ft
02/09/2025 02/09/25 Price Changed $630,000 -2.3% $465 / Sq Ft
02/01/2025 02/01/25 Price Changed $645,000 -1.5% $476 / Sq Ft
10/22/2024 10/22/24 Price Changed $655,000 -1.5% $483 / Sq Ft
09/12/2024 09/12/24 For Sale $665,000 +56.5% $490 / Sq Ft
02/17/2023 02/17/23 Sold $425,000 -14.8% $313 / Sq Ft
12/16/2022 12/16/22 Price Changed $499,000 -5.0% $368 / Sq Ft
11/01/2022 11/01/22 Price Changed $525,000 -7.1% $387 / Sq Ft
07/09/2022 07/09/22 For Sale $565,000 -- $417 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $425,000 Trident Title
Special Warranty Deed $70,000 Attorney
Warranty Deed $350,000 Standard Title Insurance Age
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $241,000 Credit Line Revolving
Source: Public Records

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Source: BeachesMLS

MLS Number: R11020454

BeachesMLS

APN: 38-43-44-27-01-067-0070

Florida Palm Beach County Lake Worth 33460 South Palm Park

1302 S Federal Hwy, Lake Worth, FL

Homes for Sale in Lake Worth, FL

This home is located at 1302 S Federal Hwy, Lake Worth, FL 33460 and is currently priced at $599,000, approximately $441 per square foot. This property was built in 1960. 1302 S Federal Hwy is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Leo Moadab
Section Image
PPI Realty Inc.
(561) 640-8584