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    20 Buffalo St Lake Worth, FL 33461

    Sponsored
    For Sale
    $549,000

    Prime Location, Versatile Space, $549,000

    Property size:
    1,792 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1,792 square foot mixed-use property in Lake Worth, Florida, presents a unique investment opportunity. Situated on a sizable lot (exact dimensions not specified), this 1946-built building offers incredible versatility. Currently configured as a single unit, the floor plan's flexibility allows for easy subdivision into multiple living or work areas, catering to a wide range of uses. The property is zoned CN, permitting a variety of commercial applications, making it ideal for residential, rental, commercial, or mixed-use ventures. Recent updates include porcelain tile floors and a kitchen boasting granite countertops. All windows are energy-efficient, impact-resistant Simonton PVC clad, dual-pane windows with solar reflective coating. A significant advantage is the large asphalted parking area, providing ample space for vehicles and potential expansion. The property is fully enclosed by a chain-link fence, enhanced by mature privacy hedges and several fruit trees. A detached building offers additional space, perfect for workshop or storage needs. Its central location provides easy access to various points of interest within the rapidly developing area. This property represents a rare blend of functionality, modern updates, and significant potential in a thriving Florida market. The asking price is $549,000.

    Property Features for 20 Buffalo St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,792 SF

    Building Details

    Year Built
    1946
    Units
    1

    HighLights

    • $549,000 asking price.
    • Mixed‑use property totaling 1,792 square feet.
    • Located at 20 N Buffalo Street, Lake Worth, FL 33461.
    • Built in 1946, situated on a 0 sq ft lot (check for potential error in lot size data).
    • Features updated kitchen with granite counters and porcelain tile floors, energy‑efficient impact windows, and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.073551
    Latitude
    26.6174043

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, Versatile Space, $549,000
    Where is this mixed-use property located?
    The property is located at 20 Buffalo St Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: $549,000 asking price.; Mixed-use property totaling 1,792 square feet.; Located at 20 N Buffalo Street, Lake Worth, FL 33461.
    Request Owner's contact information
    20 Buffalo St Lake Worth, FL 33461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Buffalo St Lake Worth, FL 33461
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