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114-202 Lucerne Ave, Lake Worth, FL, 33460
Downtown Multifamily Apartment Building

114-202 Lucerne Ave Lake Worth, FL 33460

For Sale
$2,950,000

Fourteen apartment units include central A/C, private balconies, and an on-site laundry facility.

Days on Market46

Property Features for 114-202 Lucerne Ave

General Information

Standard status
Active
Listing Agency: Fausto Commercial Realty Consultants Inc
Listed By: Elior Levi · License #A11952813
Source: Exprealty
Added: Jun 9 Changed: Jul 23 Last Checked: Jul 23 at 5:42PM

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.

Well-located 14-unit multifamily property in downtown Lake Worth Beach. The building offers thirteen 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, with central A/C, private balconies, and ample natural light throughout. A dedicated on-site laundry facility provides additional income. Built in 1974 with concrete block construction and a stucco exterior, the property is currently operated as annual rentals and also holds a transitory license.

The property is positioned just steps from Lake Avenue and is within minutes of the Intracoastal Waterway, Lake Worth Beach Park, and JFK Medical Center.

With its unit mix, existing residential income operation, and on-site laundry, the property supports straightforward multifamily ownership and management under its current licensing/operations.

Key Highlights

  • 14‑unit multifamily at 202 Lucerne Avenue in downtown Lake Worth Beach, operated as annual rentals
  • Unit mix: thirteen 1 bed/1 bath units and one 2 bed/1 bath unit
  • All units feature central A/C, private balconies, and ample natural light

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Wine and Liquor Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fourteen apartment units include central A/C, private balconies, and an on-site laundry facility.
Where is this apartment building located?
The property is located at 114-202 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 at 202 Lucerne Avenue in downtown Lake Worth Beach, operated as annual rentals; Unit mix: thirteen 1 bed/1 bath units and one 2 bed/1 bath unit; All units feature central A/C, private balconies, and ample natural light
More about this property
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