Condominium Multifamily with Penthouse

201 S Lakeside Dr, Lake Worth, FL 33460

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For Sale

$2,400,000

10 one-bedroom units plus potential third-floor penthouse, elevator access, laundry, parking, and recreation space.

Type:Commercial

HighLights

Built in 1967, offering 10 one‑bedroom, one‑bath condominium units
Potential third‑floor buildout for a penthouse with elevator access, 3 bed/3 bath just under 3,500 sq ft
On‑site coin laundry plus an additional 900 sq ft recreational room
Off‑street parking available for all 10 units
10' ceilings and a large outdoor patio with its own catwalk for the penthouse concept
Room for a community pool, with additional storage rooms on site

We can help!

Listing Contact

Barbara Lilley

Learn more

For Sale

$2,400,000

10 one-bedroom units plus potential third-floor penthouse, elevator access, laundry, parking, and recreation space.

Type:Commercial

Added:: Jun 14, 2026
Days on Market:: 9
Last Refresh:: Jun 16 at 2:58 am

Property Features for 201 S Lakeside Dr

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1967

We can help!

Listing Contact

Barbara Lilley

Listing agent Barbara Lilley License #276509748

Listing office True Blue Realty, Inc

Listing date Jun 14, 2026

Source Elliman

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

HighLights

Built in 1967, offering 10 one‑bedroom, one‑bath condominium units
Potential third‑floor buildout for a penthouse with elevator access, 3 bed/3 bath just under 3,500 sq ft
On‑site coin laundry plus an additional 900 sq ft recreational room
Off‑street parking available for all 10 units
10' ceilings and a large outdoor patio with its own catwalk for the penthouse concept
Room for a community pool, with additional storage rooms on site

Overview

This condominium multifamily property offers 10 one-bedroom, one-bath units, with elevator access. The building features 10' ceilings and off-street parking for all 10 units. On-site amenities include a coin laundry, a 900 sq ft recreational room, and additional storage rooms. The listing also describes a potential third-floor build-out with a penthouse configuration that includes 3 bedrooms and 3 baths, with an outdoor patio, a cat walk, and space stated as just under 3,500 sq ft.

Located at 201 S Lakeside Dr in Lake Worth, the property is described as in historic Lake Worth Beach, with proximity to Lake Ave activity and easy access to beaches, shopping, dining, and golfing. Bike and walkability metrics are provided as a 84 BikeScore and a 94 WalkScore.

For buyers seeking an income-producing multifamily with on-site laundry and shared recreation space, this setup is designed around 10 separate 1-bedroom units. The described third-floor penthouse concept adds an additional residential configuration option, while the existing elevator access supports accessibility across the building. Off-street parking and storage are included for convenience, and there is also room described for a community pool.

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Local Demand

City: Lake Worth
County: Palm Beach
State: Florida
Longitude: -80.0498859
Latitude: 26.6130857

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For sale
Apartment buildings
FL
Lake Worth
33460
201 S Lakeside Dr

What type of property is this?

Apartment building - 10 one-bedroom units plus potential third-floor penthouse, elevator access, laundry, parking, and recreation space.

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: Built in 1967, offering 10 one‑bedroom, one‑bath condominium units; Potential third‑floor buildout for a penthouse with elevator access, 3 bed/3 bath just under 3,500 sq ft; On‑site coin laundry plus an additional 900 sq ft recreational room