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19 S E St Lake Worth, FL 33460

For Sale
$699,000

Income-producing triplex near downtown Lake Worth Beach.

Lot size:
0.15 Acres

Property Features for 19 S E St

General Information

Lot size
0.15 Acres

Building Details

Year built
1928

Source: Brown Harris Stevens of PB Agent Guisela Moro

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


Overview

Lake Worth Beach Triplex Opportunity

This income-producing triplex is located steps from downtown Lake Worth Beach and minutes from the ocean. Situated on a 0.16-acre lot, the property is zoned 0800 multifamily, allowing for up to five units or potentially more. The property is half a block from Lucerne and Lake Avenue, an area known for its walkability and proximity to shops, dining, entertainment, and the Tri-Rail station. Current tenants are month-to-month, offering flexibility to retain them for steady income or renovate and reposition for a higher return. The property requires rehabilitation and upgrades. This property presents an investment opportunity to restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

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
-80.061366
Latitude
26.615774

FAQs

What type of property is this?
Triplex - Income-producing triplex near downtown Lake Worth Beach.
Where is this triplex located?
The property is located at 19 S E St Lake Worth, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: - Prime location: Steps from Downtown Lake Worth Beach, close to the ocean, and half a block from Lucerne and Lake Avenue.; - Income-producing triplex with potential for increased rental income.; - Multifamily zoning (0800) allows for up to five units or more.
More about this property
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