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Property profile & analytics
OFF-MARKET Estimated value $1,475,000
Office buildings

301 Lk Ave Lake Worth, FL 33460-3906

1,242 SF 0.31 ac lot Built 1973
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-4295117
Property summary
AI-generated overview

This exceptional 850-square-foot beauty salon is available for lease in the vibrant heart of Downtown Lake Worth Beach, Florida. Located at 301 Lake Avenue, zip code 33460, this single-tenant property (APN 38434421150270090) offers a turnkey opportunity for a discerning salon owner. The space boasts six styling stations, each complete with cabinetry and full-sized mirrors, ensuring a professional and efficient workflow. Two shampoo stations further enhance operational efficiency. A significant advantage is the inclusion of a new washer and dryer, adding to the convenience and functionality of the salon. The property is zoned DT(cit) and is situated within walking distance of the beach, providing unparalleled access to a high-traffic area and a desirable clientele. The monthly rent is $4,200. This well-appointed salon is ready for immediate occupancy, presenting a rare chance to establish or relocate your business in a prime Lake Worth Beach location. The total building size is 4,752 square feet, though the salon occupies only 850 square feet. The lot size is not specified. This special purpose property offers a unique opportunity for a thriving beauty business.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1973
Construction CONCRETE
Total area 1,242 SF
Lot 0.31 ac (13,499 SF)
Zoning code DT
APN 38-43-44-21-15-027-0090
UPID US18-4295117
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
Current use
Occupant on record · Public records
  • Nails by Erica at Palm Beach Hair Nail Salon
  • Shear Indulgence Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.48M
Owner & transaction history
301 Lake Ave LLC · 4 yrs held
301 Lake Ave LLC
since 2022
Last sale
$1.5M
6 recorded transactions
2024
Price N/A
2022
$1.5M
2013
$520,000
2004
$850,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DT · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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