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    120 Dixie Hwy Lake Worth Beach, FL 33460

    Sponsored
    For Sale
    $1,990,000

    7,109 SF Retail Space, Dixie Hwy

    Property size:
    7,109 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Prime retail storefront located at 120 S Dixie Hwy, Lake Worth Beach, FL 33460. This 7,109 square foot, single-story building boasts a freshly renovated interior and sits on a 0.23-acre lot with six parking spaces. Built in 1936, the property features a 16-foot ceiling height and is zoned MU, allowing for a variety of uses. The building includes two large doors (one electric), two new offices facing Dixie Highway, and a separate bathroom in the rear warehouse area. Recent upgrades include a new roof and air conditioning window units in the office. The property benefits from high visibility and traffic on South Dixie Highway, just four blocks from Downtown Lake Avenue, and within walking distance of new Starbucks and restaurants. Previously used as a car and auto sales location, this versatile space is ideal for businesses such as AC companies, fence companies, or window companies. The asking price is $1,990,000, resulting in a price per square foot of $279.93. The property's APN is 38434421150510050.

    Property Features for 120 Dixie Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,109 SF
    Class
    C
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1936
    Buildings
    1
    Stories
    1

    HighLights

    • 7,109 square feet on Dixie Highway
    • Mixed‑use zoning
    • Excellent downtown location
    • Recently renovated
    • 0.56 parking spaces per 1,000 square feet
    • Two drive‑in/grade‑level doors
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Wells Fargo Bank Bank Wells Fargo ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0571375
    Latitude
    26.6139272

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    FAQs

    What type of property is this?
    Individual retail property - 7,109 SF Retail Space, Dixie Hwy
    Where is this individual retail property located?
    The property is located at 120 Dixie Hwy Lake Worth Beach, FL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: 7,109 square feet on Dixie Highway; Mixed-use zoning; Excellent downtown location
    Request Owner's contact information
    120 Dixie Hwy Lake Worth Beach, FL 33460
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    Lake Worth Beach, FL 33460
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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
    120 Dixie Hwy Lake Worth Beach, FL 33460
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