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Listed price in listed location currency (USD).
$2,980,000

000

MLS® A12001661

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $52,941
Days Active 0
Lot Size 
Approx. Age 1974
MLS® Number A12001661

Property Address: 1-14-202 Lucerne Ave, Lake Worth, FL, 33460-3946

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA12001661
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1974
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 3, 2026List Date
$2,980,000List Price
  • Commute

Commute

Starting Address
Destination Address
202 Lucerne Ave, Lake Worth, FL

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