Mixed Use For Sale

1422 Lucerne Avenue, Lake Worth Beach, FL 33460

$1,600,000
Property Description

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

Basic Details
Listing Type : For Sale
Price : $1,600,000
Property Sub Type : Mixed Use
Features
: Electric, Central Air
Public Sewer
Central
Laminate, Other, Tile
Smoke Detector(s)
Composition
Location
US
FL
Palm Beach
Lake Worth Beach
33460
Lucerne Avenue West to corner of North ''C'' Street. Drive around block as ''C'' Street is one way.
5620
1422 Lucerne Avenue, Lake Worth Beach, Florida 33460
Extended Details
Virtual Tour URL
LAKE WORTH TOWN OF
11.16.2025
Block
Cash, Conventional
Electricity Available,Sewer Available,Water Available
City Lot
2
MU-E
2024
Close Of Escrow
$0
LPT Realty, LLC
Mike Luciano
Separate Meters
One
Expired
2025-05-19
Office, Retail
2025-11-16T00:00:00Z
1
4576.0
https://www.propertypanorama.com/1422-Lucerne-Avenue-Lake-Worth-FL-33460/unbranded
FTL
Property TypeMixed Use
StatusExpired
Listing IDR11091817
Year Built1950
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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