716 Lake Ave, Lake Worth, FL
7,460 SF vacant retail in historic downtown location.
- Added:
- Oct 28, 2025
- Days on Market:
- 228
- Last Refresh:
- May 20 at 9:07 pm
Property Features for 716 Lake Ave
General Information
- Standard status
- Active
- Size
- 7,460 SF
- Lot size
- 0.16 Acres
- Property subtype
- RETAIL
Listing agent C. Todd Everett, SIOR
Listing office Lee & Associates | Broward/Palm Beach (954) 399-6299
Listing date Oct 28, 2025
Source Moodyscre
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 Lee & Associates | Broward/Palm Beach
HighLights
- 7,460 SF vacant retail storefront in Historic Downtown Lake Worth Beach.
- Boasts 77 feet of storefront exposure along iconic Lake Avenue.
- Great opportunity for Owner/User or Investors.
- Located amidst historic charm and a vibrant cultural scene.
- Proximity to beaches, parks, and popular attractions ensures steady foot traffic.
- Capitalize on Downtown Lake Worth's dynamic energy.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $196.9k | $26.40 |
| − Vacancy | −$16.7k | −$2.24 |
| EGI | $180.2k | $24.16 |
| − OpEx | −$54.1k | −$7.25 |
| NOI | $126.1k | $16.91 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Liriann Flowers Design — 901 N Dixie Hwy, Lake Worth Beach, FL 33460
- Liriann Flowers Designs — 901 N Dixie Hwy suite 14, Lake Worth, FL 33460
- Celestial Roses — 415 N Dixie Hwy Ste 2, Lake Worth Beach, FL 33460
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0558
- Latitude
- 26.6161