Rare opportunity to acquire almost an acre of land in East Lake Worth Beach two blocks off the intracoastal waterway. Centrally located to Downtown Delray Beach and West Palm Beach. Zoning letter is attached to build up to 37 units, along with Survey, Phase 1 and Soil Borings. Buyer to do their own Due Diligence.
This property is $1.1M 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-10984383
Listing Office:
Office Name: Highland Realty Advisors LLC
Office Phone: (561) 307-2452
Listing Agent: Robert M Miller
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: 5/31/2024, 11:20:32 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,003
Per Month
Principal & Interest
$7,936
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
$4,833
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.
Elementary School
2
/10
Barton Elementary School
1700 Barton Rd
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Middle School
3
/10
Lantana Middle School
1225 W Drew St
Distance between this listing and this school1.27 miles
Public Magnet Grades 6-8
High School
3
/10
Lake Worth High School
1701 Lake Worth Rd
Distance between this listing and this school1.57 miles
Public Magnet Grades 9-12
Assigned Schools
2
/10
Barton Elementary School
1700 Barton Rd
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Nearby Schools
5
/10
South Grade Elementary School
716 S K St
Distance between this listing and this school0.75 miles
Public District Grades PK-5
5
/10
Lantana Elementary School
710 W Ocean Ave
Distance between this listing and this school0.96 miles
Public District Grades PK-5
Assigned Schools
3
/10
Lantana Middle School
1225 W Drew St
Distance between this listing and this school1.27 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Academy For Positive Learning
1200 N Dixie Hwy
Distance between this listing and this school2.36 miles
Public Charter Grades KG-8
1
/10
Lake Worth Middle School
1300 Barnett Dr
Distance between this listing and this school2.74 miles
Public Magnet Grades 6-8
Assigned Schools
3
/10
Lake Worth High School
1701 Lake Worth Rd
Distance between this listing and this school1.57 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
South Area Secondary Intensive Transition Program
1509 Barton Rd
Distance between this listing and this school0.92 miles
Public District Grades 6-12
1
/10
Mavericks High School At Palm Springs
3525 S Congress Ave
Distance between this listing and this school3.03 miles
The neighbors living near this home have an average income of $42,143. Residents of Lake Worth, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1600 S Federal Hwy
What is the listing price of this property?
The listing price of 1600 S Federal Hwy property is $1,590,000.
What type of property is this?
The property 1600 S Federal Hwy is land located in Lake Worth Beach, Florida, 33460.
Is this property for sale now?
Active Listing: 1600 S Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1600 S Federal Hwy are: Barton Elementary School: GreatSchools Rating 2/10Lantana Middle School: GreatSchools Rating 3/10Lake Worth High School: GreatSchools Rating 3/10
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 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 1600 S Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the South Palm Park neighborhood. This home sits on a 0.82 acre lot. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $1,590,000.
Lake Worth, FL housing market in April 2024 saw over 21 listings sold above listed price, more than 29 sold at listed price and over 124 sold below. The number of homes for sale in Lake Worth, FL increased by 9.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $451,281, while the average time on the real estate market was 46 days.
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. 
Pro Boxing
Pro Boxing
Music Concerts
Tennis
IKEA
H&M
Crate & Barrel
Quiznos
Chipotle
Starbucks
Lexus
Volkswagen
BMW
Soft Adult Contemporary
News