Basic Information

  • MLS # RX-10962239
  • Type Commercial
  • Status Active Under Contract
  • Subdivision/Complex Lake Worth Town Of Add 1
  • Total Size 40,000 Sq.Ft / 0.92 Acre
  • Date Listed 02/22/2024
  • Days on Market 448
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Commercial

Interior Features

  • Adjusted Sqft 0.92 AcreSq.Ft
  • Sqft 0.92 Acre Sq.Ft

Property Features

  • Address 508 S Federal Hwy
  • Aprox. Lot Size 40,000
  • City Lake Worth Beach
  • County Palm Beach
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Lot Features City Lot, Less Than Quarter Acre
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Lake Worth Beach
  • HOA Fees $0
  • Subdivision Complex Lake Worth Town Of Add 1
  • Subdivision Info Lake Worth Town Of Add 1
  • Tax Amount $3,333
  • Tax Legal desc L A K E W O R T H T O W N O F A D D1 L T8 B L K3&40 F T A B N D P T O F O S T L Y G W O F& A D J T O
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Commercial

508 S Federal Hwy

Lake Worth Beach, FL 33460

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW Innovations. tel: (561) 735-3000

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