Listing Snapshot

About This Home

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 opportunity in one of Lake Worth's most sought-after rental corridors! Please drive by only and do not disturb tenants.

General Features

Property Type

ResidentialIncome

Sub-type

Triplex

Zoning

SF-TF-14

Subdivision

LAKE WORTH TOWN OF

Interior Features

Flooring

Other

Heating

Other

Cooling

Other

Exterior Features

Construction

Frame

Exterior Features

None

Roof

Other

Lot Features

LessThanQuarterAcre

Pool

No

Waterfront

No

Waterfront Features

None

Community Features

Association Amenities

Sidewalks

MLS Area

5630

Schools

Map

Virtual Tour