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 Opportunity In One Of Lake Worth's Most Sought-after Rental Corridors!
please Drive By Only And Do Not Disturb Tenants.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: None
Interior, Heating and Cooling
Heating Description: Other
Cooling Description: Other
Building and Construction
Floor Description: Other
Construction Type: Triplex
Year Built: 1928
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Elementary School: South Grade
Middle School: Lake Worth
Senior High School: Lake Worth
Other Property Info
Listing Date: 2025-11-10T19:00:00.000-00:00
Taxes, Fees & More
Taxes: 10446
Total Units in Building: 3
Total Units in Complex: 3
Apples-to-Apples Comparables
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