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$669,000
4 Baths R11139720 MLS 33460 Zip Code
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 multifamily—allowing 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.

19 S E Street, Lake Worth Beach

$399,000
R10955844 MLS 33460 Zip Code
Excellent build opportunity in highly sought after Historic Downtown Lake Worth Beach! Minutes to the beach, nestled amongst residential and commercial buildings, sits this gem of a lot, with 50' Federal Highway frontage. Current land use is commercial, zoning is MU-FH (city)/mixed use planned development district, part of the ''Northeast Lucerne Historic District''. This lot was was previously home to a 1300 sq ft duplex, 2/2 up and 2/1 down, which was torn down back in 2011/12. Over the years there has been speculation to build 4-1 bedroom units, 1-SFR, 3-2 story Townhomes, 1-Commercial use for office space, and lastly possibility of a Duplex, live to work build opportunity. This is THE PERFECT location for any of the above possibilities to access everything the Tropics stands for! This PRIME location offers super close proximity to our fabulous S FL beaches, water front eateries, a true life style of Historic Downtown Lake Worth Beach living, with our very own 1920's playhouse, excellent restuarants, water sports, public dock, public 18 hole championship golf course, active amphitheater, walking trails, and so much more! Futher benefits are the 15 min proximity to PBIA, Rosemary Square, the plush shopping and eateriers of PB Island hosting more billionaires per capita than any where in the country! If you need any more enticing to come and build here let's not forget about the weather and subshine year round vs. snow and cold! This lot is it. Bring your imagination and make your dreams come true!

618 N Federal Highway, Lake Worth Beach