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  • MLS#: R11139720 ( Single Family )
  • Street Address: Address Not Provided
  • Viewed: 19
  • Price: $699,000
  • Price sqft: $197
  • Waterfront: No
  • Year Built: 1928
  • Bldg sqft: 3544
  • Total Baths: 4
  • Additional Information
  • Geolocation: 27 / -80
  • County: PALM BEACH
  • City: Lake Worth Beach
  • Zipcode: 33460
  • Subdivision: Lake Worth Town Of
  • Provided by: Brown Harris Stevens of PB
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  • Description
    Spectacular Investment Opportunity! Prime income producing triplex ideally located just steps from vibrant Downtown Lake Worth Beach and only minutes from the ocean. Situated on a 0.16 acre lot, this property is zoned 0800 multifamilyallowing for up to five units (or potentially more)! Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from Lucerne and Lake Avenue, an area in high demand with tenants for its walkability and proximity to shops, dining, entertainment, and the Tri Rail station. Current tenants are month to month, full flexibility to either retain them for steady income or renovate and reposition for higher return. Property in need of rehab and upgrades opportunity in one of Lake Worth's most sought after rental corridors! Please drive by only and do not disturb tenants.
Property Features
Possible Terms
  1. Cash
  2. Conventional
Possible Terms
  1. Cash
  2. Conventional
Property Type
  1. Single Family
Views
  1. 19