StatusAccepting Backup Offers (Active Under Contract)
About 508 S Federal Hwy
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.
This property is $1.0M more than the Median Sold Price in Lake Worth, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10962239
Listing Office:
Office Name: KW Innovations
Office Phone: (561) 735-3000
Listing Agent: Ahmed Ribhi Abdeldayem PA
All 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: 12/22/2024, 2:20:53 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.
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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 school0.28 miles
Public Magnet Grades PK-5
2
/10
Highland Elementary School
500 Highland Ave
Distance between this listing and this school1.22 miles
Public Magnet Grades EE-5
2
/10
Barton Elementary School
1700 Barton Rd
Distance between this listing and this school1.31 miles
Public District Grades PK-5
Nearby Schools
6
/10
North Grade K-8 School
824 N K St
Distance between this listing and this school1.13 miles
Public Magnet Grades KG-8
3
/10
Palm Beach Maritime Academy
1518 W Lantana Rd
Distance between this listing and this school1.93 miles
Public Charter Grades KG-8
2
/10
Lake Worth Middle School
1300 Barnett Dr
Distance between this listing and this school1.99 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Lake Worth Community High School
1701 Lake Worth Rd
Distance between this listing and this school0.98 miles
Public Magnet Grades 9-12
2
/10
Palm Beach Maritime Academy High School
600 S East Coast Ave
Distance between this listing and this school2.02 miles
Public Charter Grades 9-12
1
/10
Palm Beach Preparatory Charter Academy
3525 S Congress Ave
Distance between this listing and this school2.56 miles
The neighbors living near this home have an average income of $41,477. Most Lake Worth, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 508 S Federal Hwy
What is the listing price of this property?
The listing price of 508 S Federal Hwy property is $1,500,000.
What type of property is this?
The property 508 S Federal Hwy is land located in Lake Worth Beach, Florida, 33460.
Is this property for sale now?
Accepting Backup Offers: 508 S Federal Hwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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This home is located at 508 S Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the South Palm Park neighborhood. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $1,500,000.
While more than 23 listings in Lake Worth, FL in November 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 80 were sold below. In November 2024 in Lake Worth, FL there were 9.6% more homes for sale than in October 2024. While the average time on the market in November 2024 was 51 days, the median list price was $459,897.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
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