9 months on rocket

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

$399,000

Land

Location

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Property Highlights

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MLS #RX-10955844
StatusActive

About 618 N Federal Hwy

Excellent build opportunity in highly sought after Historic Downtown Lake Worth Beach! Minutes to the beach, nestled amongst residential and commercial buildings, sits this gem of a lot, with 50' Federal Highway frontage. Current land use is commercial, zoning is MU-FH (city)/mixed use planned development district, part of the ''Northeast Lucerne Historic District''. This lot was was previously home to a 1300 sq ft duplex, 2/2 up and 2/1 down, which was torn down back in 2011/12. Over the years there has been speculation to build 4-1 bedroom units, 1-SFR, 3-2 story Townhomes, 1-Commercial use for office space, and lastly possibility of a Duplex, live to work build opportunity. This is THE PERFECT location for any of the above possibilities to access everything the Tropics stands for!

Property Details

Property Features

Listing Office:

  • Office Name: True Blue Realty Inc
  • Office Phone: (561) 644-1041
  • Listing Agent: Barbara Lilley

Exterior Features

Exterior Information:

  • View: Other

Virtual/3D Tour

  • Virtual Tour: 618 N Federal Hwy
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Lot Features

Lot Information:

  • Lot: Paved, Sidewalk, Trees

Other

Directions Information:

  • Directions: 10th Ave N E to Federal, turn right to property on left between 6th and 7th Ave N

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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Housing Market Comparison

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

Med. Sold Price

$455.1K

Med. Price/SqFt

$273

Avg. Days On Market

56

# of Sold Homes

107

618 N Federal Hwy vs Lake Worth

294 DAYS ON ROCKET

+238 Days

$399,000

-$56.1K Less

KEY TAKEAWAY

This property is $56.1K less 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-10955844

Listing Office:

  • Office Name: True Blue Realty Inc
  • Office Phone: (561) 644-1041
  • Listing Agent: Barbara Lilley

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, 10:20:49 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

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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.

Nearby Schools

school-card-donut-436696
2
/10
  • Highland Elementary School

  • 500 Highland Ave

  • 0.88 miles

  • Public Magnet Grades EE-5

school-card-donut-436697
5
/10
  • South Grade Elementary School

  • 716 S K St

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-436698
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 2.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,452. The majority of Lake Worth, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 618 N Federal Hwy

What is the listing price of this property?

The listing price of 618 N Federal Hwy property is $399,000.

What type of property is this?

The property 618 N Federal Hwy is land located in Lake Worth Beach, Florida, 33460.

Is this property for sale now?

Active Listing: 618 N Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesFloridaPalm Beach CountyLake Worth33460618 N Federal Hwy

This home is located at 618 N Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the Parrot Cove neighborhood. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $399,000.

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. 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.

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