Prime development opportunity. Rarely available 2 lot package deal. Approximately 1.5 acres in total. Spread out over 2 separate lots conveniently situated next to each other. Currently pending site plan approval. New condos, townhouses, apartment rental complex, single family homes, this property offers endless possibilities. Zoned RM HR MULTI-FAMILY( UNINCORPORATED ). Possible Potential for 18 units plus. Centrally located only a few blocks away from busy Lake Worth Road & Melaleuca Lane. Easy access to both I-95 & FL Turnpike. A short distance to other new redevelopment, restaurants, shopping, downtown areas, beaches, hospitals, airports, schools and colleges. Perfect opportunity for any investor! Listing includes 2 parcels PCN # 00434430010720030 and PCN # 00434430010720041.
Fantastic duplex available in Lake Worth. This is an ideal rental property or potential house hack opportunity. Tenants in place with annual leases. Excellent location minutes to the beach, I95, and shopping/dining.
Top profitable property in Lake Worth Beach completely renovated, fully occupied through next summer ($4,250 in rent), and priced to sell! Three bedrooms/one bathroom in the front unit and a one bedroom apartment with its own entrance from the alley at the rear. New roof (up to the rafters!) installed! Investment dream with artisanal/industrial zoning! New flooring, appliances, and fixtures. Walk to Publix, Starbucks, and Lake Ave, a host of other restaurants and boutiques! Short bike ride to the beach.
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
Courtesy: IMPACT REALTY TAMPA BAY
813-321-1200
Attention Investors!! Looking for a turn key, cash flowing Tri-Plex with long term tenants, walking distance to the golf course, beaches, parks, shopping and some of the best authentic Italian food in your life?? Welcome to 111 Lakeside drive, parked in the desirable Parrot Cove location right by the beach and positioned conveniently by Gulfstream Hotel's new redevelopment. Newer building, solid CBS (1989) with large, modern units. Each with central air, washer and dryer in units and full appliances. Private walled-in pool with gated courtyard all with onsite parking. Only a short stroll, you're able to indulge in what the town has to offer with dining, arts and entertainment!! Current rents are under market. No need for lead based paint tenant disclosures!
Completely remodeled 4/4 DUPLEX with two separate private swim spas located less than 3 miles from the beach. Oversized corner lot completely fenced in for privacy. Huge investment opportunity. Being run now as a brand new turnkey Airbnb property with minimum gross rental income $100,000 yearly. Or live in one side and rent out the other side. Possible additional income with newly added private 60 foot RV or boat pad with electric and water hook up. Also newly installed whole house surge protectors on both units that protect all appliances, AC and electrical equipment. Ready to move in immediately with all the furnishings included.Each unit sleeps six adults with a custom built queen size Murphy Bed, located in the living room. The kitchens have all new solid wood shaker cabinets.
Both units are occupied with long term great paying tenants. Tenants are month to month. Tenants would like to stay if new owner prefers. The units are in great condition and each unit has it's own inside laundry. The kitchens are upgraded in each unit. Both units are easy care neutral tile. The back yard is fenced. Separate electric and water meters for each unit. Tenants pay electric and water. The unit is in a great location close to shopping, restaurants and highways. This is a great investment opportunity!
The Lucerne is comprised of 2 buildings, 5 units with classic Art Deco styling, located in the heart of downtown Lake Worth Beach, Florida. (4) tastefully decorated studios are located in one two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage is located within a second detached structure. All units are complete with kitchen, bar area, and patio areas. A private courtyard with gazebo & garden between them provides a comfortable amenitynfor guests to relax. Both the lobby and exterior features exude the vibrant, unmistakable Art Deco architecture Bathrooms and kitchens have been updated. The backyard and common areas have been meticulously landscaped, providing a fresh and clean environment for visitors to enjoy.
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Lake Worth is located in Florida. Lake Worth, Florida has a population of 37,354. Lake Worth is less family-centric than the surrounding county with 21.35% of the households containing married families with children. The county average for households married with children is 26.08%.
The median household income in Lake Worth, Florida is $36,321. The median household income for the surrounding county is $57,256 compared to the national median of $57,652. The median age of people living in Lake Worth is 36.4 years.
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 56.8 degrees. The average rainfall is approximately 60.5 inches per year, with 0 inches of snow per year.
