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    705 Lake Ave Lake Worth, FL 33460

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    For Sale
    $1,200,000

    2,500 SF single-tenant retail in historic downtown Lake Worth.

    Property size:
    2,500 SF
    Lot size:
    0.08 Acres

    Property Features for 705 Lake Ave

    General Information

    Size
    2,500 SF
    Lot size
    0.08 Acres

    Source: Lee & Associates | Broward/Palm Beach Agent C. Todd Everett, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Lake Worth Retail Investment

    This 2,500 square foot single-tenant retail property is located in historic downtown Lake Worth. The property benefits from exceptional pedestrian traffic due to its frontage on Lake Avenue and Lucerne Avenue. The surrounding area features historic charm and a vibrant cultural scene, including galleries and theaters. Its proximity to beaches, parks, and popular attractions ensures steady foot traffic. The property is currently occupied by a long-term, popular boutique tenant that is a local favorite amongst local artisans and tourists.
    Insight Report Location Intelligence

    Current Use by Public Records

    Eclective Boutique Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Similar Places Nearby

    Liriann Flowers Design, Fleur De Lis, Liriann Flowers Designs, Celestial Roses

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0556224
    Latitude
    26.6155935

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    FAQs

    What type of property is this?
    Storefront property - 2,500 SF single-tenant retail in historic downtown Lake Worth.
    Where is this storefront property located?
    The property is located at 705 Lake Ave Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Exceptional pedestrian traffic on Lake and Lucerne Avenues.; - Long-term, popular boutique tenant.; - **2,500 SF Single-Tenant Retail Investment.**
    (954) 399-6299
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    705 Lake Ave Lake Worth, FL 33460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Lake Ave Lake Worth, FL 33460
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