Prime Lake Worth Redevelopment
For Sale
Contact for pricing
409 Lake Ave, Lake Worth, FL 33460
Land parcel in Lake Worth Beach, redevelopment potential.
Property Size9,778 SF
Lot Size0.43 Acres
Price / SF$408.57
Days on Market1322
Property Features for 409 Lake Ave
General Information
Standard status
Active
Size
9,778 SF
Class
B
Lot size
0.43 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1957
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Ocean Delray Real Estate
Listed By:
Christopher S. Nicotra
Source:
Crexi
Added: Jan 19, 2023
Changed: Aug 28
Last Checked: Sep 1 at 6:43PM
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 Ocean Delray Real Estate
Investment Insights
Based on property information with market context.
This parcel is located across from the town green and City Hall in Lake Worth Beach, Florida. The property is situated minutes from the intracoastal waterway and I-95. The lot size is approximately 140' x 135'. The property offers long-term income via continued income stream with existing tenants or massive potential redevelopment of a mixed-use, multi-story residential building. The property is a commercial land, retail property, and commercial real estate.
Key Highlights
- Prime location directly across from the town green and City Hall in Lake Worth Beach, FL.
- Significant redevelopment potential for a mixed‑use, multi‑story residential building.
- Existing tenants provide a continued income stream.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,878
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land parcel in Lake Worth Beach, redevelopment potential.
Where is this commercial land located?
The property is located at 409 Lake Ave Lake Worth, FL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Prime location directly across from the town green and City Hall in Lake Worth Beach, FL.; Significant redevelopment potential for a mixed‑use, multi‑story residential building.; Existing tenants provide a continued income stream.
