Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    201 S Lakeside Dr Lake Worth, FL 33460

    For Sale
    $2,400,000

    Ten units with penthouse potential near Lake Worth Beach.

    Lot size:
    0.30 Acres

    Property Features for 201 S Lakeside Dr

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1967

    Source: True Blue Realty Inc Agent Tigger Lilley

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

    Overview

    Lake Worth Beach Investment Opportunity

    This property presents an investment opportunity with ten one-bedroom, one-bathroom units within a condominium. There is potential for building out a third-floor penthouse. The penthouse space is approximately 3,500 square feet and includes three bedrooms, three bathrooms, a large outdoor patio, a catwalk, and 10-foot ceilings. The property is located in the heart of historic Lake Worth Beach, near beaches, shopping, dining, and golfing. On-site amenities include a coin laundry, off-street parking for all ten units, a 900-square-foot recreational room, space for a community pool, and additional storage rooms.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0498859
    Latitude
    26.6130857

    Nearby Similar for Sale

    • $1,350,000
      3,858 SF

      Lake Worth Beach Quad Plex

      Four updated units with pool, RV carport, and vacant lot.
      907 N A St, Lake Worth, FL 33460
      View Details
    • $1,250,000
      4,528 SF

      Lake Worth Beach Quad Plex

      Four-unit multifamily property in Lake Worth Beach, Florida.
      715 Washington Ave, Lake Worth, FL 33460
      View Details
    • $399,900
      1,418 SF

      Palm Springs Medical/Office Condo

      Investment opportunity with easy access to major roadways.
      3199 Lake Worth Rd, Lake Worth, FL 33461
      View Details
    • $3,000,000
      0.32 Acres

      Lake Worth Automotive Repair Facility

      Automotive repair facility with seven bays and multiple lifts.
      3593 S Military Trl, Lake Worth, FL 33463
      View Details
    • $795,000

      Office Building on Lake Worth

      Commercial office building with high traffic and expansion potential.
      4736 Lake Worth Rd, Lake Worth, FL 33463
      View Details
    • $149,000
      2,000 SF

      Established Salon in Lake Worth

      Well-established salon with loyal clientele and exceptional service reputation.
      Lake Worth, FL 33460
      View Details

    FAQs

    What type of property is this?
    Apartment building - Ten units with penthouse potential near Lake Worth Beach.
    Where is this apartment building located?
    The property is located at 201 S Lakeside Dr Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime location in the heart of historic Lake Worth Beach, steps from beaches, shopping, dining, and golf.; - Investment opportunity with 10 existing 1-bed, 1-bath units.; - Potential to build out a ~3500 sq ft penthouse with **3 beds, 3 baths, a huge outdoor patio, and a catwalk.**
    (561) 644-1041
    Request Owner's contact information
    201 S Lakeside Dr Lake Worth, FL 33460
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 S Lakeside Dr
    Lake Worth, FL 33460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    201 S Lakeside Dr Lake Worth, FL 33460
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.