1422 Lucerne Avenue, Lake Worth, FL, 33460
1422 Lucerne Avenue, Lake Worth, FL, 33460Basics
- Year built: 1950
- Status: Active
- Price per sqft: $650.94
- Date added: Added 1 week ago
- Building size (SF): 2458.00 sq ft
- Acres: 0.31 sq ft
- For Sale: Yes
- For Lease: No
- Listing Office Name: LPT Realty, LLC
Description
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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.
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Location
- County: Palm Beach
- Subdivision: LAKE WORTH TOWN OF
- State: Florida
- City / Department: Lake Worth Beach
- Legal Description: LAKE WORTH TOWN OF LTS 28 THRU 31 (LESS S 5 FT LUCERNE AVE R/W) BLK 6
- Zoning: MU-E
- Land Use: Mixed
- Parcel ID: 38434421150060280
- Utilities: Electric
Building Details
- Type: Mixed Use
- Building Type: Free Standing, Income, Other, Retail
- Heating: Central, Electric
- Construction: CBS, Concrete
- Floor covering: Laminate, Other, Tile
- Roof: Comp Rolled
- Real Estate Taxes: $4,581.75
- Tax Year: 2023
- Cooling: Central,Electric
- Docs Available: Aerial,Survey
- Info Available: Books & Records,Copies of Lease,Existing Survey
Additional Info
- Listing Agent: Michael William Luciano
- Listing Agent Phone: (561) 536-3725
- Agent Id: 442019020
- Listing Office: LPT Realty, LLC
- MLS ID: RX-11034028
- MLS Source: Realtor Association of the Palm Beaches (RAPB)