Unlock a lucrative investment opportunity with our premier property featuring fully entitled and plated lots for 15 townhomes. Benefit from a streamlined development process as the lots come fully entitled, minimizing delays and reducing holding costs. Positioned in a thriving neighborhood, the townhomes enjoy proximity to schools, shopping, and transportation hubs, ensuring a high-demand market. With an upscale resale opportunity. This investment promises a compelling return. Seize the advantage of strategic location, entitlements, and a robust resale value for a profitable venture in the real estate market.
Sold for $1,350,000
$1,350,000
508 S Federal Highway, Lake Worth Beach, FL 33460
--beds
--baths
0.92Acres
Unimproved Land
Built in ----
0.92 Acres Lot
$-- Zestimate®
$--/sqft
$2,049 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,049/mo
Zestimate® history
Owner options
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$2,049/mo
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$2,049/mo
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$9,193/mo
Est. payment
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$9,193/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ahmed Ribhi Abdeldayem PA 305-801-5871,
KW Innovations
Bought with:
Ahmed Ribhi Abdeldayem PA, 3309101
KW Innovations
Ahmed Ribhi Abdeldayem PA, 3309101
KW Innovations
Source: BeachesMLS,MLS#: R10962239
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Property
Lot
- Size: 0.92 Acres
- Features: Cleared, City Lot, Rural Lot, < 1/4 Acre
- Residential vegetation: Grassed, None
Details
- Parcel number: 38434427010030080
- Zoning: MU-FH(
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Sewer Available
Community & HOA
Community
- Subdivision: LAKE WORTH TOWN OF ADD 1
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Tax assessed value: $203,145
- Annual tax amount: $3,333
- Date on market: 2/23/2024
- Cumulative days on market: 181 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Sold | $1,350,000 |
Source:  BeachesMLS #R10962239 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $120 -96.6% | -- |
| 2024 | $3,493 +13.6% | $122,601 +10% |
| 2023 | $3,074 +19.1% | $111,455 +10% |
| 2022 | $2,582 +7.6% | $101,323 +10% |
| 2021 | $2,399 -0.7% | $92,112 |
| 2020 | $2,415 +4.2% | $92,112 +5% |
| 2019 | $2,319 | $87,719 +3% |
| 2018 | $2,319 +4.7% | $85,151 +5% |
| 2017 | $2,214 +4.2% | $81,096 +63.3% |
| 2016 | $2,124 -11.7% | $49,671 +5% |
| 2015 | $2,405 +76% | $47,306 |
| 2014 | $1,367 -75.3% | $47,306 -80.6% |
| 2007 | $5,522 -8.5% | $243,842 |
| 2006 | $6,035 | $243,842 +14% |
| 2005 | -- | $213,826 +44.9% |
| 2004 | $2,476 +678.6% | $147,546 +46.5% |
| 2003 | $318 -89.7% | $100,705 -3.1% |
| 2002 | $3,079 +9.7% | $103,970 +16.1% |
| 2001 | $2,806 -0.4% | $89,535 -1.2% |
| 2000 | $2,817 | $90,664 |
Find assessor info on the county website
Neighborhood: South Palm Park
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Nearby schools
GreatSchools rating
- 5/10South Grade Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Lake Worth Community Middle SchoolGrades: 6-8Distance: 2 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 1 mi
- Florida
- Palm Beach County
- Lake Worth Beach
- 33460
- South Palm Park
- 508 S Federal Highway
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