Listing Snapshot

List Price	$385,000
Price / Sq Ft	$207
Beds	3
Baths	2
Living Area	1,856 sqft
Lot Size	0.41 acres

Year Built	1981
Property Tax	$7,710.13/yr
MLS #	1158730165
Status	Active
Days on Market	1

About This Home

Situated on a 0.41-acre canal-front parcel in Lake Worth, this architecturally distinctive A-frame offers a compelling value-add and redevelopment opportunity. The 3BR/2BA home features vaulted ceilings, exposed beams, and an open layout with two bedrooms on the main level and a lofted primary suite above. Expansive windows and French doors lead to a large deck overlooking the canal. Property includes two HVAC systems, laundry, utility space, driveway, and carport. Zoned to allow subdivision into two single-family lots, offering multiple strategies: renovate, redevelop, or hold as a covered land play. Ideal for investors, builders, or end-users seeking a waterfront opportunity with upside. The seller is working on providing marketable tile as the property has a lien. Positioned on an oversized 0.41-acre parcel along a tranquil canal in Lake Worth, this architecturally distinctive A-frame residence presents a compelling value-add and redevelopment opportunity in a supply-constrained submarket. The existing improvements feature a 3-bedroom, 2-bath wood-frame home with a highly desirable open floor plan anchored by soaring vaulted ceilings, exposed timber trusses, and tongue-and-groove wood decking, delivering volume and character rarely found at this price point. The layout includes two bedrooms on the main level and a second-floor loft and primary suite, creating functional separation and flexible living configurations. Natural light pours into the main living area through expansive glazing, seamlessly connecting the interior to a large wood deck overlooking the canal, accessed via French doors—an ideal canvas for repositioning into a lifestyle-driven product. Operationally, the property is supported by two HVAC systems, a dedicated laundry room, utility space, concrete driveway, and carport. From an investment perspective, the true upside lies in the land. The 0.41-acre site offers sufficient density, per zoning, to subdivide into two single-family parcels, providing multiple exit strategies: Renovate and capitalize on the existing structure Redevelop into two new construction homes Hold as a covered land play with future appreciation The property is in fair condition and primed for renovation, making it well-suited for fix-and-flip investors, builders, or end-users seeking to create a custom waterfront residence. This is a rare opportunity to control a large, subdividable homesite with architectural character and waterfront exposure—a combination that continues to outperform in today's market.

General Features

Property Type: Residential
Sub-type: SingleFamilyResidence
Style: Other
Stories: 2
Direction Faces: South
Parking Spaces: 4
Parking: AttachedCarport,Concrete,Covered,Carport,Driveway
Zoning: RS
Security: None
Utilities: CableAvailable,WaterConnected
Subdivision: HYPOLUXO VILLAGE 2

Interior Features

Appliances: Dryer,Dishwasher,ElectricRange,Microwave,Range,Refrigerator,Washer
Flooring: Carpet,CeramicTile,Tile
Heating: Central,Individual
Cooling: CentralAir
Interior Features: BedroomOnMainLevel,HighCeilings,LivingDiningRoom,VaultedCeilings
Laundry: Inside,InCarport,Outside
Window Features: Sliding