New ListingExciting opportunity for investors and developers! PURCHASE IN THE PATH OF PROGRESS! This concrete-block house, in the desirable North side of LAKE WORTH BEACH, sits on a sizable 50' x 135' lot which is ZONED MU-DIXIE... That's one of the city's highest-density zoning designations. Directly behind is a $25 million, newly-built, 91-unit, five-story apartment complex, nearing completion... A testament to the economic vitality of this location. Come develop a large multifamily residence on this parcel, to generate massive monthly income, and simultaneously grow equity-appreciation wealth, as this immediate area rapidly transforms. Walking-distance to Walgreens, 7-Eleven, and many other conveniences. Tenants will pay top-dollar rent, for such desirable, easy living.
| MLS # | B26093360 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 4 |
| Listing Provided By | Southdale Properties Inc. | Bret R Taylor |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 986 |
| Story(s) | 1 |
| Zoning | MU-DIXIE |
| Acreage | 0.15 |
| Lot Features | Less Than Quarter Acre |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| Tax Annual Amount | 5495 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5620 |
| Subarea | PB16 |
| Community Name | Town Of Lake Worth |
| Listing VS Median (in Town Of Lake Worth) | |
Price: $375,000 low | high Med: $440,000 sqft: 986 low | high Med: 1,835 $ / sqft: $380 low | high Med: $240 On site: 4 low | high Med: 409 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth Beach |
| Zip Code | 33460 |
| Area | 5620 |
| Subarea | PB16 |
| Community Name | Town Of Lake Worth |
| Listing VS Median (in Town Of Lake Worth) | |
Price: $375,000 low | high Med: $440,000 sqft: 986 low | high Med: 1,835 $ / sqft: $380 low | high Med: $240 On site: 4 low | high Med: 409 | |