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    805 Lucerne Ave Lake Worth, FL 33460

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    For Sale
    $1,200,000

    Single-tenant retail storefront in historic downtown Lake Worth, Florida.

    Property size:
    2,550 SF
    Lot size:
    0.08 Acres

    Property Features for 805 Lucerne Ave

    General Information

    Size
    2,550 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 Storefront

    This 2,550 square foot single-tenant retail storefront is located in historic downtown Lake Worth. The property is currently 100% occupied and leased to a long-standing local dance studio. The tenant is currently on a month-to-month lease. The property benefits from exceptional pedestrian traffic, fronting Lake Avenue and Lucerne Avenue. It is located amidst historic charm and a vibrant cultural scene with galleries and theaters. Proximity to beaches, parks, and popular attractions ensures steady foot traffic. Ample street parking and an adjacent public parking lot provide customer convenience.
    Insight Report Location Intelligence

    Current Use by Public Records

    Soul Entertainment Art Training Centre The Gathering Place Worship ... Church Downtown Dance Dance School

    Suggested Use

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

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

    Similar Places Nearby

    Liriann Flowers Design, Liriann Flowers Designs, Celestial Roses

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0566542
    Latitude
    26.6163863

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    FAQs

    What type of property is this?
    Storefront property - Single-tenant retail storefront in historic downtown Lake Worth, Florida.
    Where is this storefront property located?
    The property is located at 805 Lucerne 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.; - Prime location in historic downtown Lake Worth, near beaches, parks, and attractions.; - 2,550 SF Single-Tenant Retail Storefront.
    (954) 399-6299
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    805 Lucerne Ave Lake Worth, FL 33460
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    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
    805 Lucerne Ave Lake Worth, FL 33460
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