INCREDIBLE Opportunity to purchase 3 connected parcels totaling over 3/4 acre in PRIME Lake Worth Beach Federal Highway Location. Commercially Zoned, with Mixed-Use Federal Highway zoning to build 32+ units! Contact the City Zoning Department to find out permissible uses. Great location near the beach, parks, US-1, and shopping, restaurants & nightlife in Downtown Lake Worth Beach. 3 addresses are 1621 & 1619 South Federal Highway plus 1622 South N Street.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,308
Per Month
Principal & Interest
$5,241
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,214
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
South Grade Elementary School
716 S K St
Distance between this listing and this school0.80 miles
Public Magnet Grades PK-5
2
/10
Barton Elementary School
1700 Barton Rd
Distance between this listing and this school0.84 miles
Public District Grades PK-5
5
/10
Lantana Elementary School
710 W Ocean Ave
Distance between this listing and this school0.91 miles
Public District Grades PK-5
Nearby Schools
3
/10
Palm Beach Maritime Academy
1518 W Lantana Rd
Distance between this listing and this school1.17 miles
Public Charter Grades KG-8
3
/10
Lantana Community Middle School
1225 W Drew St
Distance between this listing and this school1.24 miles
Public Magnet Grades 6-8
6
/10
North Grade K-8 School
824 N K St
Distance between this listing and this school2.07 miles
Public Magnet Grades KG-8
Nearby Schools
2
/10
Palm Beach Maritime Academy High School
600 S East Coast Ave
Distance between this listing and this school1.06 miles
Public Charter Grades 9-12
2
/10
Lake Worth Community High School
1701 Lake Worth Rd
Distance between this listing and this school1.61 miles
Public Magnet Grades 9-12
1
/10
Palm Beach Preparatory Charter Academy
3525 S Congress Ave
Distance between this listing and this school3.02 miles
The neighbors living near this home have an average income of $37,914. Residents of Lake Worth, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1619 S Federal Hwy
What is the listing price of this property?
The listing price of 1619 S Federal Hwy property is $1,050,000.
What type of property is this?
The property 1619 S Federal Hwy is land located in Lake Worth, Florida, 33460.
Is this property for sale now?
Active Listing: 1619 S Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,677 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1619 S Federal Hwy in Lake Worth, FL and zip code 33460 in the S.O.S.A. neighborhood. This home sits on a 0.75 acre lot. It has been listed on Rocket Homes since February 18, 2023 and is currently priced at $1,050,000.
In October 2024 more than 11 listings in Lake Worth, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 74 were sold below. The inventory of homes for sale in Lake Worth, FL between September 2024 and October 2024 increased by 5.1%. In October 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $455,172.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
H&M
Burlington
Foot Locker
Boston Market
White Castle
Little Caesars
Honda
Kia
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary