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 22, 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 7:09 PM UTC, 11/22/2024

 

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