Property 202 Lucerne Avenue 1-14, Lake Worth, FL 33460 with MLS# A12001661
Well-located 14-unit multifamily property in the heart of downtown Lake Worth Beach at 202 Lucerne Avenue. The asset consists of thirteen 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all featuring central A/C, private balconies, and ample natural light, along with an on-site laundry facility for additional income. Built in 1974 with concrete block construction and a stucco exterior, the property is currently operated as annual rentals and also holds a valuable transitory license, allowing for potential conversion to short-term rentals and increased revenue. Positioned just steps from Lake Avenue, the property offers exceptional walkability to dining, retail, and entertainment, and is located just minutes from the Intracoastal Waterway, Lake Worth Beach Park, and JFK Medical Center. Strong in-place income with clear upside through rental growth and operational improvements in a highly active and improving downtown submarket supported by ongoing redevelopment and long-term demand drivers.
202 Lucerne Avenue 1-14, Lake Worth, FL 33460
- Price:
- $2,950,000.00
- Original List Price:
- $2,980,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $305.79
- Close Price:
- $2,850,000.00
- Transaction closed on:
- September 1, 2026
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- September 1, 2026 4:00 am
- Built-Up Area:
- 9,320 Sqft
- Lot Size Acres:
- 0.31
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Central Individual
- Year Built:
- 1974
- Roof:
- Built-up
- Number of Buildings:
- 1
- Number of Units Total:
- 2
- Construction Materials:
- Block
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $52,941.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Tax Legal Description:
- TOWN OF LAKE WORTH LTS 15 & 16 BLK 30
- Real Estate Folio Number (Parcel Number):
- 38434421150300150
- Zoning:
- DT (city
- Active on the market since:
- May 2, 2026
- Listing Agreement executed on:
- May 2, 2026
- Purchase Contract Date:
- August 31, 2026
- Price change occurred on:
- May 29, 2026 7:51 pm
- Listing Status Last Changed On:
- September 1, 2026 4:00 am
- Photos updated on:
- September 1, 2026 5:23 pm
- Last Modified:
- September 1, 2026 5:23 pm
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- Lucerne
- Street Number:
- 202
- Unit Number:
- 1-14
- City:
- Lake Worth
- State:
- Florida
- Zip Code:
- 33460
- County:
- Palm Beach
- Latitude:
- N26° 36' 60''
- Longitude:
- W81° 56' 57.5''
- Street Suffix:
- Avenue
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 202 Lucerne Avenue 1-14, Lake Worth, FL 33460
