Flex Space with Four Bay
922 S Dixie Highway, Lake Worth, FL 33460
For Sale
$680,000
Commercial Sale, Lake Worth Beach, FL
Property Size2,226 SF
Lot Size0.15 Acres
Price / SF$305.48
Days on Market1268
Property Features for 922 S Dixie Highway
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Listing Agency:
Coastline Realty, Inc.
(561) 588-2900
Listed By:
Jon E Faust · License FL #590401
(561) 722-9643
Added: May 22, 2023
Changed: Oct 24
Last Checked: Nov 9 at 6:06PM
MLS# R10891698
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
922 S Dixie is an approximate 46x19 flex space configured as four bays, with four front entrances. The building includes existing bath and plumbing for the possibility of additional baths, and has four meters on the building. The property also features two off-street parking spaces.
In addition to 922 S Dixie Highway, the offering includes 921 S J St, a 4-bedroom, 2-bath single-family home with a laundry room and garage. The home has updated electric and a kitchen with granite counters.
In addition to 922 S Dixie Highway, the offering includes 921 S J St, a 4-bedroom, 2-bath single-family home with a laundry room and garage. The home has updated electric and a kitchen with granite counters.
Key Highlights
- Approx 46x19 building with 4 bays and 4 front entrances
- Bathroom and plumbing in place for potentially adding more baths
- Central heating and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,015
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,300
$680.3K
Cap Rate 7%
$485,929
$485.9K
Cap Rate 9%
$377,944
$377.9K
Market Conditions
NOI Build-Up for 2,226 SF
Gross rent
$65.4K $29.40/SF
− Vacancy
−$3.6K −$1.62/SF
EGI
$61.8K $27.78/SF
− OpEx
−$27.8K −$12.50/SF
NOI
$34.0K $15.28/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,300
Cap Rate 7%
$485,929
Cap Rate 9%
$377,944
Alternative Uses
Best Use
Apartment 5plus
$485.9K
$425.2K – $566.9K
NOI $34,015 @ 7.0% cap · market cap 5.00%
Second Best
Mixed Use
$448.4K
$392.3K – $523.1K
NOI $31,387 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,737 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 31%
Groceries 20%
Electronics 1%
Bravo Supermarkets
Groceries
9,962 visits/mo
0.3 miles
Chevron
Shops & Services
9,958 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,743 visits/mo
0.3 miles
Checkers
Dining
6,666 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,293 visits/mo
0.2 miles
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
$333,200
Median Home Value
Check the figures for this property
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Market
Average Price Trend$/SF for Mixed-use properties in Palm Beach County, FL
Properties on Market for Mixed-use properties in Palm Beach County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Approx. 46x19 flex space with four front entrances, existing bath/plumbing, and 4 meters, plus two off-street parking spaces.
Where is this mixed-use property located?
The property is located at 922 S Dixie Highway Lake Worth, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Approx 46x19 building with 4 bays and 4 front entrances; Bathroom and plumbing in place for potentially adding more baths; Central heating and central air
