Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1979
Sq.Footage
3,920
LAND LAND LAND - Exceptional value-add investment opportunity in the heart of Lake Worth! Situated on an oversized nearly 0.80-acre lot, this income-producing property offers tremendous upside potential for investors, developers, and portfolio builders alike. Professionally managed and positioned on one of the area's largest residential parcels, the property provides ample room for future expansion, additional units, or redevelopment opportunities—potentially allowing occupancy to be doubled. All units have an additional "spare or flex" room good for an office or for a kid's room! A unique feature of the property is the existing buried swimming pool, which may be restored and brought back to life, creating additional value and tenant appeal. Adding to the property's long-term desirability, there are currently no future development plans for the lots directly north of the property, helping preserve privacy and open space. Conveniently located near I-95, Palm Beach International Airport, downtown Lake Worth Beach, and major employment centers, this property offers strong rental demand and excellent accessibility. Residents enjoy proximity to beautiful beaches, John Prince Park, golf courses, boating, shopping, dining, and entertainment. Just minutes away, downtown Lake Worth Beach features vibrant restaurants, art galleries, live music venues, breweries, and year-round community events. The nearby Lake Worth Beach Municipal Golf Course, waterfront parks, fishing piers, and Atlantic Ocean beaches provide endless outdoor recreation opportunities. Whether you're seeking immediate cash flow, future redevelopment potential, or a long-term hold in a rapidly growing Palm Beach County market, this property presents a rare opportunity with significant upside.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Other Exterior Features
Courtyard, None, Uncovered Courtyard
-
Patio and Porch Features
Patio
-
Pool
Yes
-
Pool Features
Gunite, Private
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.8
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,700,000
-
Tax Amount
$13,715.78
-
Sq. Footage
3, 920
-
Price/SqFt
$433
HOA
-
Association
No
School District
-
Elementary School
Starlight Cove
-
Middle School
Tradewinds
-
High School
Lake Worth
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Starlight Cove
Middle School
Tradewinds
High School
Lake Worth
Listing Courtesy of Sandro Marcel Herrera , Three Palms Realty
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