Active
1422 Lucerne Avenue
Lake Worth Beach FL, 33460
$1,600,000
Active
Commercial
Built in 1950
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.
R11034028
MLSⓇ ID
November 4, 2024
Listed
November 6, 2024
Updated
Map
1422 Lucerne Avenue
Lake Worth Beach FL, 33460
Interior Features
Total Stories
1
Floor Description
Laminate, Other, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.31 Acres
Lot Features
City Lot
Roof
Composition
Other Property Details
Area Name
5620
Taxes
$4,582
Tax Frequency
Annually
Days on Market
4
Garage
No
View
No
County
Palm Beach
Pool
No
Listed by: LPT Realty, LLC
Listing Contact:
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Data last updated 3:48 AM UTC, 11/6/2024