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605 N Federal Highway 1, Lake Worth Beach, FL 33460 (MLS# R10702562)

605 N Federal Highway 1, Lake Worth Beach, FL 33460

$1,500,000
Property Type: Commercial Sale Square Footage: 5,768 Status: Closed
Current Price: $1,500,000 List Date: 3/25/2021 Last Modified: 5/02/2026

Overview

Description

NICE 14 UNIT PROPERTY FOR MASTER LEASE , CLOSE TO DOWNTOWN , THE BEACH , SHOPPING ETC..

Listing Details MLS# R10702562

General Property Information

Number Of Units Total
14
Building Area Main
5768
Building Area Source
Other
Year Built
1955
Lot Size Area
252648000
Lot Size Acres
5800
Stories
2

Property Features

Electric: Three Phase Flooring: Tile Heating: Other Possession: Subject To Tenant Rights Tenant Pays: Cable TV; Electricity; Sewer; Water Cooling: Central Building; Central Individual; Wall/Window Unit(s) Listing Terms: Lease Purchase Roof: Spanish Tile Security Features: Fire Alarm Sewer: Public Sewer Utilities: Cable Available; Natural Gas Available Water Source: Public Showing Requirements: Occupied; Text Listing Agent Contingencies: Other

Contract Information

Comp Sale YN
No
Original List Price
15000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
605
Street Direction Prefix
N
Street Name
Federal
Street Suffix
Highway
Unit Number
Yes
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Area
5600
Geographic Area
PB16
Parcel Number
38434421151720150
Zoning
MU-FH(
Directions
NORTH FED HIGHWAY TO 6TH PROPERTY ON THE CORNER
Property Description
14 UNITS

Financial Information

Tax Annual Amount
22822.1
Tax Year
2020
Tax Legal Description
TOWN OF LAKE WORTH LTS 15 & 16 /LESS E 5 FT/ BLK 172

Status Change Information

Major Change Timestamp
2021-10-06T22:55:24Z
Major Change Type
Status Change
Status Change Date
2021-10-06
Under Contract Date
2021-08-04
Close Date
2021-10-06
Close Price
1500000
Buyer Financing
Cash

More Information

Building and Property Details

# Of Toilets
14
% Air Conditioned
100
Maximum Ceiling Height
10

Price Calculations

Current Price To SqFt
260.05
Original List Price To Close Price
0.01

Originating Details

Originating System Key
20210325141020972359000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Tile
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Sewer
Yes
Water
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes

Heating

Other
Yes

Listing Terms

Lease Purchase
Yes

Roof

Spanish Tile
Yes

Security Features

Fire Alarm
Yes

Water Source

Public
Yes

Cooling

Central Building
Yes
Central Individual
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Occupied
Yes
Text Listing Agent
Yes

Contingencies

Other
Yes
Listing Office: Peak Realty LLC
IDX
Last Updated: May - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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