Mixed-Use Property in Lake
922 S Dixie Highway, Lake Worth, FL 33460
COMMERCIAL - Lake Worth Beach, FL
Property size:
2,226 SFLot size:
0.15 AcresPrice / SF:
$278/SF- Added:
- May 22, 2023
- Days on Market:
- 1108
- Last Refresh:
- Jun 2 at 12:06 pm
Property Features for 922 S Dixie Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MU-DH(
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 38434427010250030
- Size
- 2,226 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- ADD 1 TO TOWN OF LAKE WORTH LT 3 BLK 25
- Tax Annual Amount
- 7604
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
Listing agent Jon E Faust License #590401 (561) 722-9643
Listing office Coastline Realty, Inc. 511 Lake Avenue, Lake Worth, FL (561) 588-2900
Listing date May 22, 2023
MLS# R10891698
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two properties included: a commercial space at 922 S Dixie and a single‑family home at 921 S J St.
- 921 S J St: Features 4 bedrooms, 2 bathrooms, laundry room, and garage.
- 921 S J St: Enjoy the updated electric and kitchen with granite counters.
- 922 S Dixie: Commercial space with 4 bays/entrances and existing bath/plumbing for additional baths.
- 922 S Dixie: Benefit from the 4 meters on the building.
- Central heating and central air conditioning.
Overview
The property at 922 S Dixie consists of an approximately 46x19 space with 4 bays, meaning it has 4 front entrances. The space includes an existing bath and plumbing for possibly additional baths, and it is equipped with 4 meters. Also located on the property is 921 S J St, a single-family home featuring 4 bedrooms, 2 bathrooms, a laundry room, and a garage. The home has updated electric and a kitchen with granite counters. There are 2 off-street parking spaces available. The property is located in Lake Worth Beach, FL, and has a lot size of 0.15 acres. The building size is 2,226 square feet. The zoning is MU-DH.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.8k | $30.00 |
| − Vacancy | −$5.3k | −$2.40 |
| EGI | $61.4k | $27.60 |
| − OpEx | −$23.0k | −$10.35 |
| NOI | $38.4k | $17.25 |
2,226 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$548.6K
$480.0K – $640.0K
NOI $38,399 @ 7.0% cap · market cap 6.19%
Second Best
Retail
$537.7K
$470.5K – $627.3K
NOI $37,640 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,737 @ 7.0% cap · market cap 17.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.057466
- Latitude
- 26.604166
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail space and a single-family home.
Where is this mixed-use property located?
The property is located at 922 S Dixie Highway Lake Worth, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two properties included: a commercial space at 922 S Dixie and a single‑family home at 921 S J St.; 921 S J St: Features 4 bedrooms, 2 bathrooms, laundry room, and garage.; 921 S J St: Enjoy the updated electric and kitchen with granite counters.
