855.725.5890
Address129 N Federal Hwy, Lake Worth Beach, FL, 33460
Price$1,985,000
- Commercial
- 8,667 SQ FT
- Built in 1928
Welcome to vibrant downtown Lake Worth Beach, Florida! Nestled among the bustling streets and surrounded by a lively atmosphere, you'll find a cash flowing mixed-use building with opportunity for future redevelopment.The property consists of two buildings 127 and 129 N Federal Hwy. One of which is one of oldest buildings in the downtown area and is an architectural gem, seamlessly blending art deco design elements with it touches of historic charm. Its exterior boasts an inviting facade that stands tall, commanding attention and adds to the vibrant energy area.The current mix of tenants include a Pizzeria, Caribbean Restaurant, and professional offices. Built out ground level bar.Beyond its current success, this mixed-use building holds immense potential for future redevelopment. With its prime location in downtown Lake Worth Beach, it presents an exciting opportunity for transformation and expansion. The spacious layout, flexible floor plans, and existing infrastructure provide a solid foundation for further development. Located in the CRA district and has the highest zoning of DT-Lake Worth. Survey and pro-forma are found in documents.
Essential Information
- MLS® #RX-10908258
- Price$1,985,000
- Taxes$24,161 (2022)
- Square Footage8,667
- Acres0.29
- Price/SqFt$229 USD
- Year Built1928
- TypeCommercial
- Sub-TypeRetail, Mixed
- StatusActive
Community Information
- Address129 N Federal Hwy
- Area5600
- SubdivisionLAKE WORTH TOWN OF
- CityLake Worth Beach
- CountyPalm Beach
- StateFL
- Zip Code33460
Style
Free Standing, Lounge, Office/Retail, Restaurant, Retail, Tavern Bar
Utilities
3-Phase Electric, Cable, Gas Natural, Public Water, 201+ Amp
Office
Highland Realty Advisors LLC
Amenities
Interior
- AppliancesBuilding and Land
- HeatingCentral Individual
- CoolingCentral Individual
- # of Stories2
Exterior
- Lot DescriptionDT Commercial
- RoofTar/Gravel, Wood Joist
Additional Information
- Days on Website4
- ZoningDT(cit
Listing Details
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Listing information last updated on June 18th, 2024 at 6:30am EDT.
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