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Renovated Turnkey Office Building
For Sale
Contact for pricing
Pending

631 Lucerne Ave, Lake Worth, FL 33460

Fully renovated office building with 23 executive suites, fully occupied, and smart access, security, and high-speed fiber internet.

Property SizeContact for details
Days on Market137

Property Features for 631 Lucerne Ave

General Information

Standard status Pending
Property subtype Office
Occupancy 100%

Additional Details

Furnished Yes
Office Units 23

Amenities

front desk
waiting area
conference room
Idea Lounge
bathrooms
private entry card
office directory
security cameras
high-speed fiber internet

Building Details

Stories 2
Tenancy Multi
Listing Agency: Korman Realty
Listed By: Michael Korman · License #BK3316647
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Aug 24 at 12:16AM

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 Korman Realty

Investment Insights

Based on property information with market context.

This fully furnished, fully renovated office building offers 23 executive suites and is described as fully rented, with annual leases in place. The interior includes a welcoming entry with a front desk and waiting area, along with a conference room and an “Idea Lounge.” The building is laid out across first and second levels and includes four total bathrooms.

Smart technology features are included, including a private entry card system, an office directory, security cameras, and high-speed fiber internet. The property is located at 631 Lucerne Ave in Downtown Lake Worth Beach.

The offering is presented as a turnkey investment with 100% occupancy and includes more than 50 virtual office tenants under the current structure described in the remarks.

Key Highlights

  • Fully renovated office building in Downtown Lake Worth Beach with 23 executive suites
  • 100% occupied with all suites leased under annual leases
  • Includes front desk and waiting area, conference room, and “idea lounge”

Property Analytics

Current Use

Mattie Fore Law ... Law Firm Dreher Law Group Law Firm Cleaner Days Pressure ... Landscaping Paige Kovari - Real ... Real Estate Agency Pegasus Title Services, ... Title Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Fish Market Locksmith Daycare Center Restaurant Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,878
Businesses Nearby

Demographics for 33460, FL

36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully renovated office building with 23 executive suites, fully occupied, and smart access, security, and high-speed fiber internet.
Where is this office building located?
The property is located at 631 Lucerne Ave Lake Worth, FL.
What are key features of this property?
This property features: Fully renovated office building in Downtown Lake Worth Beach with 23 executive suites; 100% occupied with all suites leased under annual leases; Includes front desk and waiting area, conference room, and “idea lounge”
(954) 598-3277 Call to check price and availability
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