About 1422 Lucerne Avenue
OWNER FINANCING AVAILABLE. Lake Worth Beach Development Opportunity. .31 acre parcel with Mixed Use East (MU-E) Zoning. Corner location allows for a broad range of commercial and residential applications. This district is home to a burgeoning arts scene and an array of mixed use developments projects. Maximum base density for the parcel allows for 8 residential units. Incorporating specific city programs would increase density and allow for the development of up to 22 residential dwelling units. Currently an 800 sf. free standing commercial building and a 1700 sf. single family home (both CBS), with leases in place, occupy the property, generating $5895 per month
Features of 1422 Lucerne Avenue
| MLS® # | RX-11091817 |
|---|---|
| Price | $1,600,000 |
| Square Footage | 2,458 |
| Acres | 0.31 |
| Year Built | 1950 |
| Type | Commercial |
| Sub-Type | Mixed, Other |
| Style | Free Standing, Office/Retail, Income, Resident. Single Fam |
| Status | Active |
Community Information
| Address | 1422 Lucerne Avenue |
|---|---|
| Area | 5620 |
| Subdivision | LAKE WORTH TOWN OF |
| City | Lake Worth Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33460 |
Amenities
| Utilities | 3-Phase Electric, Municipal Water, Public Sewer, Separate Meter |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | Building and Land |
|---|---|
| Heating | Central |
| Cooling | Central, Electric |
| # of Stories | 1 |
Exterior
| Lot Description | Commerical & Residen |
|---|---|
| Roof | Comp Rolled |
| Construction | CBS |
Additional Information
| Zoning | MU-E |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | LPT Realty, LLC |
|---|