Lake Worth Beach Investment
For Sale
$2,400,000
Pending
201 S Lakeside Dr, Lake Worth, FL 33460
Ten units with penthouse potential in Lake Worth Beach.
Property Size693 SF
Lot Size0.30 Acres
Days on Market156
Property Features for 201 S Lakeside Dr
General Information
Standard status
Pending
Size
693 SF
Lot size
0.30 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,171
Building Details
Building Size
693 SF
Year Built
1967
Stories
3
Units
11
Listing Agency:
True Blue Realty, Inc
(561) 644-1041
Listed By:
Barbara Lilley · License #276509748
(561) 644-1041
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 5:04AM
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 True Blue Realty, Inc
Investment Insights
Based on property information with market context.
This property presents an investment opportunity with ten one-bedroom, one-bathroom units within a condominium. There is potential to build out a third-floor penthouse. The penthouse space is approximately 3500 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.
Key Highlights
- 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 large outdoor patio, and 10' ceilings.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten units with penthouse potential in 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 large outdoor patio, and 10' ceilings.**
