20 Buffalo St, Lake Worth, FL 33461
This exceptional 1,792 square foot mixed-use property in Lake Worth, Florida, presents a unique investment opportunity. Situated on a sizable lot (exact dimensions not specified), this 1946-built building offers incredible versatility. Currently configured as a single unit, the floor plan's flexibility allows for easy subdivision into multiple living or work areas, catering to a wide range of uses. The property is zoned CN, permitting a variety of commercial applications, making it ideal for residential, rental, commercial, or mixed-use ventures. Recent updates include porcelain tile floors and a kitchen boasting granite countertops. All windows are energy-efficient, impact-resistant Simonton PVC clad, dual-pane windows with solar reflective coating. A significant advantage is the large asphalted parking area, providing ample space for vehicles and potential expansion. The property is fully enclosed by a chain-link fence, enhanced by mature privacy hedges and several fruit trees. A detached building offers additional space, perfect for workshop or storage needs. Its central location provides easy access to various points of interest within the rapidly developing area. This property represents a rare blend of functionality, modern updates, and significant potential in a thriving Florida market. The asking price is $549,000.
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.