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Property profile & analytics
FOR SALE
Strip malls

409 Lake Ave Lake Worth, FL 33460

9,288 SF 0.43 ac lot Built 1957
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-2181455
409 Lake Ave, Lake Worth, FL 33460 For Sale
Contact for pricing 9,288 SF
409 Lake Ave, Lake Worth, FL 33460
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Property summary
AI-generated overview

This exceptional single-tenant retail property at 409 Lake Avenue in Lake Worth Beach, Florida, presents a unique investment opportunity. The property, zoned DT(cit), features a total of 9,288 square feet situated on a lot with dimensions not specified in the provided information. The building consists of a single suite, ideal for a variety of retail businesses. The property's location offers high visibility and easy accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. The property is offered as a Triple Net Lease at a competitive rate of $40 per square foot. The address is 409 Lake Avenue, Lake Worth Beach, FL 33460, with coordinates 26.6155847 latitude and -80.0529793 longitude. The property's APN is 38434421150250060. While the marketing materials mention a 900 sq ft end-cap space, the total building size is listed as 9,288 sq ft. This discrepancy requires clarification. This property is a special purpose building, suitable for a business seeking a prominent location in a busy area. Further details are available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1957
Construction CONCRETE
Total area 9,288 SF
Lot 0.43 ac (18,901 SF)
Zoning code DT
APN 38-43-44-21-15-025-0060
UPID US18-2181455
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
  • Acorn Safe & Lock Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.18M
CAP Approach CAP
$2.75M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.14M
Owner & transaction history
409 Lake LLC · 1 yrs held
409 Lake LLC
since 2025
Last sale
$2.2M
7 recorded transactions
2025
$3.5M
2022
$2.2M
2011
$1.8M
2005
$700,000
1997
$450,000
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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