Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1934
Sq.Footage
2,077
Rare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.
Features & Amenities
Interior
-
Other Interior Features
Cathedral Ceiling(s), Pantry
-
Total Bedrooms
4
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Attic Fan, Ceiling Fan(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Main Level Bedrooms
2
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Other Exterior Features
Barbecue, Garden
-
Parking
Attached Carport, Carport, Driveway, Unpaved
-
Patio and Porch Features
Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Other
Area & Lot
-
Lot Features
Corner Lot, Cul-De-Sac, Irregular Lot, Landscaped, Many Trees, Garden
-
Lot Size(acres)
0.62
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
AFrame, Other
Price
-
Sales Price
$600,000
-
Tax Amount
$3,124.44
-
Sq. Footage
2,077
-
Price/SqFt
$288
HOA
-
Association
No
School District
-
Elementary School
Highland
-
Middle School
Lake Worth
-
High School
Lake Worth
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Highland
Middle School
Lake Worth
High School
Lake Worth
Listing Courtesy of Nola E Brown , Keller Williams Realty/P B
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