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    Mixed-use properties

    20 Buffalo St, Lake Worth, FL 33461

    1,792 SF Built 1946
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1946
    Total area 1,792 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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