14-Unit Apartment
For Sale
$2,950,000
1-14-202 Lucerne Ave, Lake Worth, FL 33460
Multifamily property with private balconies, central A/C, and an on-site laundry facility.
Property SizeContact for details
Days on Market123
Property Features for 1-14-202 Lucerne Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$52,941
Listing Agency:
Fausto Commercial Realty Consultants Inc
(954) 743-7594
Listed By:
Elior Levi · License #3574869
(954) 743-7594
Source:
Exprealty
Added: May 3
Changed: Aug 29
Last Checked: Sep 2 at 2:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
This 14-unit apartment property contains thirteen 1-bedroom/1-bath residences and one 2-bedroom/1-bath residence. Each unit includes central A/C and a private balcony, with natural light throughout. An on-site laundry facility provides an additional income source. Constructed in 1974, the building features concrete block construction and a stucco exterior. The property is currently operated as annual rentals and includes a transitory license that allows potential conversion to short-term rentals.
The asset is located at 202 Lucerne Avenue in downtown Lake Worth Beach, steps from Lake Avenue and its dining, retail, and entertainment options. Lake Worth Beach Park, the Intracoastal Waterway, and JFK Medical Center are minutes away.
The asset is located at 202 Lucerne Avenue in downtown Lake Worth Beach, steps from Lake Avenue and its dining, retail, and entertainment options. Lake Worth Beach Park, the Intracoastal Waterway, and JFK Medical Center are minutes away.
Key Highlights
- 14‑unit multifamily property with thirteen 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
- Private balconies and central A/C in every unit
- On‑site laundry facility provides an additional income source
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,782
Businesses Nearby
Explore this area
Business Placement
Demographics for 33460, FL
36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with private balconies, central A/C, and an on-site laundry facility.
Where is this apartment building located?
The property is located at 1-14-202 Lucerne Ave Lake Worth, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 14‑unit multifamily property with thirteen 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Private balconies and central A/C in every unit; On‑site laundry facility provides an additional income source
