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Investment Highlights
- ?Hard Corner Location with Traffic Signal
- ?Ample Parking
- .45 Acre Lot
- Flexible Zoning
Executive Summary
202 N Federal Hwy at 202 N Federal Hwy, Lake Worth Beach, FL 33460 offers a rare opportunity to acquire a highly visible freestanding commercial building in the heart of Downtown Lake Worth Beach.? Positioned on the northeast corner of North Federal Highway and 2nd Avenue N, this signalized corner site delivers exceptional frontage, access, and exposure.? The property features a 5,411 SF one-story commercial building situated on a 0.45-acre (19,602 SF) lot, with approximately 150 feet of frontage on Federal Highway and 130 feet on 2nd Avenue N.? Currently configured as a non-medical office building, the site includes on-building signage, 20 surface parking spaces with room for more, open ceilings, exposed smooth concrete floors, and three HVAC units.? Zoned MU-E (Mixed Use East), this asset offers outstanding flexibility for a wide range of uses including retail, restaurant, coffee shop, financial services, professional office, gym, day spa, pet grooming, school, church, lodging, and multifamily residential up to 30 units per acre.? Built in 1929 and located in Flood Zone X, this is an ideal opportunity for an owner-user, investor, or redevelopment play in one of South Florida’s vibrant downtown markets.?
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,411 SF
Building Class
C
Year Built
1929
Price
$3,162,408 CAD
Price Per SF
$584.44 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.45 AC
Zoning
MU-E - MU-E - Mixed Use East geared toward the commercial gateways and thoroughfares that are adjacent to the central commercial core of the city.
Parking
18 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Open Floor Plan, with break room, reception, two bathrooms, and private executive office. Zoning allows restaurant use, office and retail
| Space | Size | Space Use | Position | Available |
| 202 | 5,411 SF | Office | - | Now |
202
| Size |
| 5,411 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
202
| Size | 5,411 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Open Floor Plan, with break room, reception, two bathrooms, and private executive office. Zoning allows restaurant use, office and retail
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 38-43-44-21-15-042-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,286,708 CAD |
Property Taxes
Parcel Number
38-43-44-21-15-042-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,286,708 CAD
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202 N Federal Hwy
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