Spectacular Investment Opportunity!Prime income-producing triplex ideally located just steps from vibrant Downtown Lake Worth Beach and only minutes from the ocean. Situated on a 0.16-acre lot, this property is zoned 0800 multifamily--allowing for up to five units (or potentially more)!Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from Lucerne and Lake Avenue, an area in high demand ...Spectacular Investment Opportunity!Prime income-producing triplex ideally located just steps from vibrant Downtown Lake Worth Beach and only minutes from the ocean. Situated on a 0.16-acre lot, this property is zoned 0800 multifamily--allowing for up to five units (or potentially more)!Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from Lucerne and Lake Avenue, an area in high demand with tenants for its walkability and proximity to shops, dining, entertainment, and the Tri-Rail station.Current tenants are month-to-month, full flexibility to either retain them for steady income or renovate and reposition for higher return. Property in need of rehab and upgrades
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Agency Name: Brown Harris Stevens of PB
Agency Phone: (561) 805-5050
Agent Name: Gisela Moro
Presented by
Agent Name: Jeff Hallas
Agent Phone: 561.568.9226
Agency Title: Illustrated Properties
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19 S E Street, Lake Worth Beach, FL 33460.
Email 19 S E Street, Lake Worth Beach, FL 33460
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