1 year on rocket

307 N Federal Hwy, Lake Worth Beach, FL, 33460

$849,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
1,732 SqFt
$490/SqFt
House

Location

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307 N Federal Hwy, Lake Worth$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway
Year Built1902
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontNone
ViewGarden, Pool
Private PoolYes
MLS #RX-10922727
StatusActive

About 307 N Federal Hwy

Previously operated as the Banana Inn B & B in the '90s, this charming Mediterranean Revival home continues to host out-of-town travelers seeking the sun and warmth of South Florida. Offered with all furnishings and prospective bookings, if desired, make it a ready-made investment. The home has a successful book of business and grossed over $120K in 2022. Detailed pro forma available upon request to serious buyers only. The walkability to the beach and to downtown which is just steps away with its sidewalk cafes, art galleries and shops make this property the ideal vacation spot. Current zoning allows for a B&B and/or professional office/businesses. The home stands gracefully beneath an olive tree, welcoming visitors with an arched porch entry. Inside you'll discover a trove

Property Details

Property Features

Property Information:

  • Architectural Style: Old Spanish, Spanish
  • Year Built: 1902
  • Stories: 2
  • Living Area: 1,732 SqFt

Listing Office:

  • Office Name: Illustrated Properties LLC
  • Office Phone: (561) 582-5338
  • Listing Agent: Jonathan Allen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Gas Water Heater
  • Flooring Type: Ceramic Tile
  • Interior: Decorative Fireplace, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Garden, Pool
  • Exterior: Fence, Open Porch

Parking Information:

  • Parking: 2+ Spaces, Driveway

Lot Features

Lot Information:

  • Lot: Paved, Sidewalk

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $490/SqFt
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Housing Market Comparison

See how this home compares to others in Lake Worth, FL.

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Lake Worth, FL

City

Med. Sold Price

$455.1K

Med. Price/SqFt

$273

Avg. Days On Market

56

# of Sold Homes

107

307 N Federal Hwy vs Lake Worth

421 DAYS ON ROCKET

+365 Days

$849,000

+$393.8K More

$490/SqFt

+$217 More

KEY TAKEAWAY

This property is $393.8K more than the Median Sold Price and $217/SqFt more than other homes in Lake Worth, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10922727

Listing Office:

  • Office Name: Illustrated Properties LLC
  • Office Phone: (561) 582-5338
  • Listing Agent: Jonathan Allen

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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.

Nearby Schools

school-card-donut-409001
2
/10

  • Highland Elementary School

  • 500 Highland Ave

  • 0.85 miles

  • Public Magnet Grades EE-5

school-card-donut-409002
5
/10

  • South Grade Elementary School

  • 716 S K St

  • 0.86 miles

  • Public Magnet Grades PK-5

school-card-donut-409003
2
/10

  • Barton Elementary School

  • 1700 Barton Rd

  • 1.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,167. The majority of Lake Worth, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 307 N Federal Hwy

What is the listing price of this property?

The listing price of 307 N Federal Hwy property is $849,000.

What type of property is this?

The property 307 N Federal Hwy is a house located in Lake Worth Beach, Florida, 33460.

Is this property for sale now?

Active Listing: 307 N Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 307 N Federal Hwy has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 307 N Federal Hwy is 1,732 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 307 N Federal Hwy is 1902.

Rocket Homes›Florida›Palm Beach County›Lake Worth›33460›307 N Federal Hwy

This home is located at 307 N Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the Mango Groves neighborhood. This 1,732 square foot home was built in 1902. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 27, 2023 and is currently priced at $849,000.

Lake Worth, FL housing market in October 2024 saw over 11 listings sold above listed price, more than 22 sold at listed price and over 74 sold below. The number of homes for sale in Lake Worth, FL increased by 5.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 56 days, the median list price was $455,172.

From Rocket Homes Real Estate and based on county public records data.

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