1422 Lucerne Avenue, Lake Worth, FL, 33460

1422 Lucerne Avenue, Lake Worth, FL, 33460

1950

2,458 sqft

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. Potential uses include and are not limited to residential, office, retail, showroom, bakery, art studios, restaurant, personal services and more. 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 $5700 per month.


Status:

Active

Type:

Commercial

Units:

2

Zoning:

MU-E

Complex:

LAKE WORTH TOWN OF

Building Type:

Free Standing,Income,Other,Retail

Heating:

Central, Electric

Cooling:

Central, Electric

Levels:

1

Acreage:

0.31

Est. Taxes:

$4,582

Current Use

Mixed

Construction

CBS,Concrete

Utilities

Electric

Lease Term Type:

Annual

Owner Pays:

Cable,Electric,Insurance

MLS #:

RX-11034028


Community Info

School Info

Walk Score

Yelp


Copyright ©2024 Beaches Multiple Listing Service, Inc
Listing courtesy of LPT REALTY, LLC Phone: (561) 540-8979