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1422 Lucerne, Lake Worth, FL 33460

Commercial For Sale
$1,600,000

BTC: 16.08848829

ETH: 467.83625731

21 days
0 room(s)
2,458 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Florida • Lake Worth • 33460 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1950
Lot:
No Data
Heating:
No Data
Price/sqft:
$651
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 38434421150060280

    • Zoning: MU-E

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $4,582

  • Source details

    • MLS ID: RX-11034028

    Other facts

    • Direction Faces: Lucerne Avenue West to corner of North ''C'' Street. Drive around block as ''C'' Street is one way.

    • Garage: Yes

    • Living Area: 2458

    • Subdivision Name: LAKE WORTH TOWN OF

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty, LLC