Individually Owned 
For Lease
1 / 16
$6,150/Mo
1744 Lake Worth Rd, Lake Worth, FL 33460
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Property summary
AI-generated overview
This exceptional single-tenant office building at 1744 Lake Worth Road in Lake Worth Beach, Florida, presents a unique leasing opportunity. The property boasts a 1,800 square foot, one-story standalone structure situated on a sizable, fenced lot exceeding 22,000 square feet. Ample parking is provided with 11 spaces readily available for tenants and their clients. The building is currently ready for tenant build-out, offering flexibility to customize the space to meet specific business needs. Its strategic location directly on Lake Worth Road ensures high visibility and accessibility, further enhanced by its proximity to Lake Worth High School. The zoning designation is MF-20(c), and the property's APN is 38434421020350062. This property is ideal for a variety of businesses, particularly those seeking a high-profile location with significant parking and the ability to create a customized workspace. The address is 1744 Lake Worth Road, Lake Worth Beach, FL 33460. This is a rare opportunity to secure a prominent location in a thriving area. The lot size is not explicitly stated, but the building sits on a large fenced lot. The property is zoned for mixed-use, offering potential for various business types.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1966
Construction
CONCRETE
Total area
1,800 SF
Lot
0.51 ac (22,072 SF)
Zoning code
MF-20
APN
38-43-44-21-02-035-0062
UPID
US18-4073087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$410k
Owner & transaction history
since 2020
Last sale
$290,000
1 recorded transaction
Zoning & alternative use
MF-20 · Lake Worth, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 13 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$410k
Value range
$369k – $451k
±10% around blend
Estimated value / SF
$228 / SF
Confidence
High
13 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$369k
blend $410k
$451k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,800 SF
Lot area
0.51 ac
Year built
1966
Stories
1
APN
38-43-44-21-02-035-0062
Zoning
MF-20
Assessed value
$287,524
Annual tax
$7,143
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$7,143
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$852k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.7 mi away · 1,418 SF
2.1 mi away · 1,565 SF
4.0 mi away · 1,600 SF
5.2 mi away · 2,126 SF
6.2 mi away · 1,968 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$410k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$323
-29%
Submarket 47 sales
$441
-48%
County 950 sales
$397
-43%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $228/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$435k
Move the market yield to see immediate price impact.
Value / SF
$242
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$27k
$548k
$391k
$304k
$30k
$609k
$435k
$338k
$33k
$670k
$478k
$372k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$950k
1.1 mi · Feb 2026 · $583/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,143
Tax year 2023
Assessed value
$287,524
Assessed 2023
Previous assessed
$274,538
+4.7% YoY
Effective rate
2.48%
On assessed value
Assessed land
$175,677
Assessed improvement
$111,847
Land market value
$175,677
Improvement market value
$111,847
Total market value
$287,524
Applied tax rate
38,453.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1966
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,800 SF
Lot
0.51 ac (22,072 SF)
Zoning code
MF-20
APN
38-43-44-21-02-035-0062
UPID
US18-4073087
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MF-20 · Lake Worth, FLZoning MF-20 · permitted uses
MF-20 · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MF-20
Jurisdiction
Lake Worth, FL
Recorded code
MF-20
Ownership Intelligence
Find the owner behind the property.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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