About This Property

Rare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.

Key Features

• 27,007.2 sq ft Lot
• Built in 1934

Property Details

• Type: Single Family Home
• Year Built: 1934
• Lot Size: 27,007.2 sq ft
• Sq Ft: 2,077
• Price / Sq Ft: $282
• HOA: Contact Agent
• Bedrooms: 4
• Bathrooms: 2
• Feature: 27,007.2 sq ft Lot
• Feature: Built in 1934
• Status: Active
• MLS Number: 1188693592
• Days on Market: 35
• Listed By: Keller Williams Realty/P B · Nola E Brown
• Zip Code: 33460