Homes for sale - 1422 Lucerne AVE, Lake Worth, FL 33460

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Derek Ratliff

derek.ratliff@riserealtyadvisors.com +1(386) 438-9355

Listed by LPT Realty, LLC

$ 1,600,000

Est. payment | -/mo

3 Baths

2,458 SqFt

Save Virtual Tour

$ 1,600,000

Est. payment | -/mo

Save Virtual Tour

3 Baths

2,458 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,458 sqft

Price per Sqft $650

Subdivision Lake Worth Town Of

MLS Listing ID RX-11034028

Construction Status Resale

Year Built 1950

Annual Tax Amount $4,581

Tax Year 2023

Lot Size 0.310 Acres

Property Description

Lake Worth Beach Development Opportunity. .31 acre parcel with Mixed Use East (MU-E) Zoning. Corner location allows for a broad range of commercial and residential applications. This district is home to a burgeoning arts scene and an array of mixed use developments projects. Potential uses include and are not limited to residential, office, retail, showroom, bakery, art studios, restaurant, personal services and more. Maximum base density for the parcel allows for 8 residential units. Incorporating specific city programs would increase density and allow for the development of up to 22 residential dwelling units. Currently an 800 sf. free standing commercial building and a 1700 sf. single family home (both CBS), with leases in place, occupy the property, generating $5700 per month.

Location

State FL

County Palm Beach

Area 5620

Zoning MU-E

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Laminate, Other, Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Electric

Roof Type Comp Rolled

Building

Story 100.00

Foundation CBS, Concrete

Construction Status Resale

Others

Acceptable Financing Cash, Conventional, Owner

Listing Terms Cash, Conventional, Owner

Financing Cash,Conventional,Owner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 438-9355

derek.ratliff@riserealtyadvisors.com

10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA

1422 Lucerne AVE Lake Worth, FL 33460