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    1751-1755 4 Ave Lake Worth Beach, FL 33460

    Sponsored
    For Sale
    $1,128,000

    Five-unit property, excellent investment.

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity in Lake Worth Beach, Florida, presents a unique multi-family compound at 1751-1755 4 Avenue N, encompassing a total of 2,800 square feet. Built in 1958, the property consists of a single-family home and two duplexes, totaling five units. The single-family residence offers two bedrooms and two bathrooms. One duplex unit features two bedrooms and two bathrooms, while the remaining three units each provide one bedroom and one bathroom. Situated on a substantial lot (lot size not specified), this property is a rare find in the East Lake Worth Beach area, offering significant potential. The property is zoned R-20, allowing for the possibility of adding additional units, further enhancing its investment appeal. The asking price is $1,128,000. This property is anticipated to generate considerable interest, making prompt inquiry highly recommended. The property's location in Palm Beach County, Florida, zip code 33460, offers convenient access to local amenities and attractions. This is a prime opportunity for investors seeking a strong return on investment in a desirable location.

    Property Features for 1751-1755 4 Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    2,800 SF

    Building Details

    Year Built
    1958
    Units
    5

    HighLights

    • Exceptional multi‑family investment opportunity in Lake Worth Beach, FL.
    • 2,800 sq ft compound at 1751‑1755 4 Avenue N, including a single‑family home and two duplexes (five units total).
    • Unit mix: one 2/2 single‑family home, one 2/2 duplex unit, and three 1/1 units.
    • Located on a large lot in desirable East Lake Worth Beach, zoned R‑20, allowing for potential expansion.
    • Asking price: $1,128,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -80.0669278
    Latitude
    26.620249

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    FAQs

    What type of property is this?
    Specialty property - Five-unit property, excellent investment.
    Where is this specialty property located?
    The property is located at 1751-1755 4 Ave Lake Worth Beach, FL.
    What is the asking price?
    The asking price for this property is $1,128,000.
    What are key features of this property?
    This property features: Exceptional multi-family investment opportunity in Lake Worth Beach, FL.; 2,800 sq ft compound at 1751-1755 4 Avenue N, including a single-family home and two duplexes (five units total).; Unit mix: one 2/2 single-family home, one 2/2 duplex unit, and three 1/1 units.
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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
    1751-1755 4 Ave Lake Worth Beach, FL 33460
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