129 N Federal Highway, Lake Worth Beach, FL

$1,985,000

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8,667

Square feet

0.29

Acres

About 129 N Federal Highway

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.

Commercial property for sale in Lake Worth Beach, FL at 129 N Federal Highway. This Commercial property is priced at $229/sqft

Features of 129 N Federal Highway

MLS® # RX-10908258
Price $1,985,000
Square Footage 8,667
Acres 0.29
Year Built 1928
Type Commercial
Sub-Type Retail, Mixed
Style Free Standing, Lounge, Office/Retail, Restaurant, Retail, Tavern Bar
Status Active

Community Information: Lake Worth Beach

Address 129 N Federal Highway
Area 5600
Subdivision LAKE WORTH TOWN OF
City Lake Worth Beach
County Palm Beach
State FL
Zip Code 33460

Amenities of 129 N Federal Highway

Utilities 3-Phase Electric, Cable, Gas Natural, Public Water, 201+ Amp
Is Waterfront No

Interior of 129 N Federal Highway

Appliances Building and Land
Heating Central Individual
Cooling Central Individual
# of Stories 2

Exterior of 129 N Federal Highway

Lot Description DT Commercial
Roof Tar/Gravel, Wood Joist

Additional Information On 129 N Federal Highway

Listing Courtesy of Highland Realty Advisors LLC
Date Listed July 31st, 2023
Zoning DT(cit
RE / Bank Owned No

Listing Details

OfficeHighland Realty Advisors LLC

Listing Map

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