626 Washington Avenue,Lake Worth Beach, FL 33460
Lake Worth Beach, FL 33460
Description
626 Washington Ave, Lake Worth, FL 33460 presents a unique opportunity to acquire a freestanding 789-square-foot commercial property positioned within an established residential area of Lake Worth Beach. Offered at $315,000, the property sits on approximately 0.19 acres and benefits from a location directly across from a major shopping center. One of the property's key advantages is its SFTF14 zoning, described in the listing as allowing single-family, multifamily, and commercial uses, with grandfathered residential and commercial zoning. This flexibility creates potential for an owner-user seeking office, retail, or another non-industrial business location, while also providing an investor with an adaptable commercial asset in a residential setting. The building is configured as a barber shop/hair salon, but it currently being used as owner's office and includes an updated bathroom, dedicated storage room, and large private backyard. Five parking spaces, signage, and approximately 35 feet of frontage along Washington Avenue further support the property's functionality for a small business seeking a standalone location with its own identity. Located in a part of Lake Worth Beach that the listing describes as undergoing significant development, the property combines commercial utility with neighborhood positioning and adaptable zoning. It is also situated within an Opportunity Zone, adding another noteworthy characteristic for buyers evaluating the property's investment potential.
Details
| MLS # | B26092540 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 8 |
| Listing Provided By | Peters Realty | Victoria Ashrapova |
Features
| SQ Feet | 792 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | SF-TF-14 (city) |
| Acreage | 0.19 |
Exterior
| Lot Features | City Lot, Less Than Quarter Acre |
|---|
Parking
| Parking Features | Common, Free Parking, Guest, On Street |
|---|
Taxes
| Tax Annual Amount | 3093.87 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5640 |
| Subarea | PB16 |
| Listing VS Median (in 33460) | |
Price: $315,000 low | high Med: $166,000 sqft: 792 low | high Med: 375 $ / sqft: $398 low | high Med: $443 On site: 8 low | high Med: 82 | |
Market Activity 33460
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5640 |
| Subarea | PB16 |
| Listing VS Median (in 33460) | |
Price: $315,000 low | high Med: $166,000 sqft: 792 low | high Med: 375 $ / sqft: $398 low | high Med: $443 On site: 8 low | high Med: 82 | |
