1422 Lucerne Avenue
Lake Worth, FL 33460
2458 sqft | #RX-11034028
Description
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.
Interior Details
- CoolingElectric
Property Details
- Square Feet2458
Construction Details
- Property TypePurchase
Condition
- Year Built1950
Material information
- RoofComp Rolled
Community and Neighborhood Details
- SubdivisionLAKE WORTH TOWN OF
Location
- CountyPalm Beach
- ZoningMU-E
Financial Details
- Original List Price$1,600,000
- Taxes Annual$4,581
Other
- MLS #RX-11034028
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Michael William Luciano (#442019020)
Listing Office: LPT Realty, LLC (#276771746)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
