220 Lake Shore Dr Lake Park, FL 33403
This exceptional 5,300 square foot retail space is ideally situated on Lake Shore Drive in Lake Park, Florida, within Palm Beach County. Located on the ground floor of a new development featuring 330 luxury residences, this multi-tenant property offers unparalleled visibility and access. The development also boasts a new waterfront restaurant, SeaHawk Prime by David Burke, a 7,500 square foot establishment with indoor and outdoor seating, adding significant foot traffic and appeal. Further enhancing the location's desirability is the on-site Lake Park Harbor Marina, accommodating vessels up to 100 feet with 100 slips. This prime retail space benefits from its proximity to a planned 16-story apartment complex with 595 units, restaurants, and stores, representing a significant future increase in the surrounding population and consumer base. The property's strategic location at the western gateway of Lake Park's historic downtown ensures high visibility and accessibility. This presents a unique opportunity for a medical or spa business seeking a high-profile location within a thriving and rapidly developing community. The space is currently available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.