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    805 Lk Ave Lake Worth Beach, FL 33460

    Sponsored
    For Lease
    $51 SF/Yr

    Downtown gem, renovated, single tenant.

    Lot size:
    1,168 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,168 square foot special purpose property, located at 805 Lake Avenue, presents a unique investment opportunity. Situated in a thriving downtown (DT) zoning area, this completely renovated historic building boasts brand new floors, roof, studs and beams, drywall, electrical, plumbing, and hot water heater. The renovation also includes two brand new bathrooms, updated gutters, and a new air conditioning system. The property benefits from its prime location on Lake Avenue, an area experiencing significant revitalization, characterized by high traffic volume and regular community events. Adding to its appeal are four to five parking spaces, and the proximity to attractive neighboring restaurants and storefronts. Currently occupied by a month-to-month tenant, this property offers flexibility and potential for immediate income generation. The Assessor's Parcel Number (APN) is 38434421150170191. The lot size is not specified. This is a single-tenant property with zero building suites. This is a rare opportunity to acquire a meticulously renovated historic building in a vibrant and growing downtown location.

    Property Features for 805 Lk Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,168 SF

    Unit(s) available at that property

    Space
    Size
    1,168 SF
    Rate per SF
    $51

    HighLights

    • Special Purpose Property, Single‑Tenant Occupancy.
    • 1,168 square foot building.
    • Downtown (DT) Zoning.
    • Completely renovated with new roof, floors, studs, beams, drywall, electrical, plumbing, and hot water heater.
    • Two new bathrooms, new gutters, and new A/C.
    • Four to five parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Artefact Pardo Gallery Art Gallery Amores Pet grooming ... Pet Groomer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.0566225
    Latitude
    26.61571

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    FAQs

    What type of property is this?
    Specialty property - Downtown gem, renovated, single tenant.
    Where is this specialty property located?
    The property is located at 805 Lk Ave Lake Worth Beach, FL.
    What is the lease rate?
    The lease rate is $51 SF/Yr.
    What are key features of this property?
    This property features: Special Purpose Property, Single-Tenant Occupancy.; 1,168 square foot building.; Downtown (DT) Zoning.
    Request Owner's contact information
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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
    805 Lk Ave Lake Worth Beach, FL 33460
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