Realmo Analytics

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Financial
Distress signals
Property profile

409 Lake Ave Lake Worth, FL 33460

FOR SALE
Strip malls
Property ID
US18-2181455
9,288 SF 0.43 ac lot Built 1957
Last sale Jul 2025 · $3,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value$1.83M
Assessed land$751k
Assessed improvement$1.08M
Effective rate2.69%

Value estimate

· Oct 2026
$2.06M
$1.85M – $2.27M
AI approach$2.18M
CAP approach$2.75M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$364/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$176 – $637

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DT
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.0
Watch Repair Shop8.9
Shoe Repair8.7

Location

409 Lake Ave Lake Worth, FL 33460
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1800 Dixie, Lake Worth, FL 33460-5853 $800,000 Feb 2025 4,188 SF
1600 Dixie, Lake Worth, FL 33460-5890 $1,350,000 Feb 2025 7,750 SF
1604 Dixie, Lake Worth, FL 33460 $500,000 Dec 2024 4,049 SF
621 Lk, Lake Worth, FL 33460-3810 $3,000,000 Sep 2021 10,229 SF
409 Dixie, Lake Worth, FL 33460-4404 $760,000 Dec 2019 5,400 SF
500 Lk, Lake Worth, FL 33460-3809 $1,092,650 May 2019 3,971 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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