Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City's Future Land Use Map, permitting up to 45' maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.
| MLS # | A11975247 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 187 |
| Listing Provided By | Elite Sales Group | Daniel Echague |
| SQ Feet | 1,806 |
|---|---|
| Story(s) | 1 |
| Zoning | MU-FH (c |
| Lot Features | Less Than Quarter Acre |
|---|
| Tax Annual Amount | 13486 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth |
| Zip Code | 33460 |
| Area | 5610 |
| Subarea | Palm Beach 5600; 5610; 5620; 5630; 5640 |
| Community Name | BLACKWELL PARK REV PL |
| Listing VS Median (in BLACKWELL PARK REV PL) | |
Price: $925,000 low | high Med: $1,012,500 sqft: 1,806 low | high Med: 2,581 $ / sqft: $512 low | high Med: $420 On site: 187 low | high Med: 201.5 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth |
| Zip Code | 33460 |
| Area | 5610 |
| Subarea | Palm Beach 5600; 5610; 5620; 5630; 5640 |
| Community Name | BLACKWELL PARK REV PL |
| Listing VS Median (in BLACKWELL PARK REV PL) | |
Price: $925,000 low | high Med: $1,012,500 sqft: 1,806 low | high Med: 2,581 $ / sqft: $512 low | high Med: $420 On site: 187 low | high Med: 201.5 | |