LAKE WORTH TOWN OF ADD 1

1120 S Federal Highway, FL 33460

3 baths · 1,456 ft²

Closed

$699,000

Est. Payment $3,720/mo

MLS Sheet Video

Bathrooms

1,456

Sq. Ft.

1961

Year Built

Stories

Days on Market

Description

LOCATION Incredible! Great Zoning: Residential, and Commercial, Mixed-use, Retail or Medical. Currently Multifamily use. 3 min walk to the Intracoastal and only 5 minutes drive to the golden sands of Palm Beach Island - home to many billionaires, this exceptional property offers a rare blend of lifestyle and investment potential. The second floor alone generates an annual gross rental income of $28,200. One part of the first floor (room) is currently leased for $14,400 annually, while the other half, currently owner-occupied, potential for an additional $22,800 in yearly income. It set on a spacious lot with ample parking; the property includes a charming 112-square-foot patio and a large yard offering room to build or expand in the future. Walk to $70 million luxury hotel renovation.

Facts

MLS#: R11124535
Subdivision: LAKE WORTH TOWN OF ADD 1
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1961
Lot Size: 6,970 ft²
Sq. Ft.: 1,456 ft²
Sq. Mt.: 135 m²
Price per sq. ft.: $480/ft²
Price per sq. mt.: $5,178/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 33 days
Listed: Sep 17, 2025
Last Updated: Sep 5, 2026
Price/Lot Sq.Ft.: $100/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

SOLD

$699,000

— bd · 3 ba · 2,257 sqft

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SOLD

$745,000

— bd · 3 ba · 1,958 sqft

711 S N Street, FL 33460

SOLD

$749,999

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SOLD

$609,000

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SOLD

$589,000

— bd · 2 ba · 1,704 sqft

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Market insights for ZIP 33460

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/5/2026	Sold	$699,000
9/17/2025	Listed for sale	$699,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$4,453/mo

Principal & Interest

$3,720

Property Tax

$583

Insurance

$150

HOA

Down Payment20% ($139,800)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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