Financial
Distress signals
Property profile

500 Lk Ave Lake Worth, FL 33460

OFF-MARKET
Strip malls
Property ID
US18-5118960
3,971 SF 0.15 ac lot Built 1950
Last sale May 2019 · $1,092,650
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a downtown retail shopping center located in the central area of downtown Lake Worth Beach, featuring storefront units with off-street parking. A currently designated endcap retail suite is configured for customer-facing use with a distinct storefront presence consistent with an endcap format. The shopping center is situated in an area with walkable and bikeable access (noted as Bikeable with a score of 57 and Somewhat Walkable with a score of 67), supporting pedestrian-oriented

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.04M
Assessed land$388k
Assessed improvement$650k
Effective rate2.26%

Value estimate

· Sep 2026
$1.15M
$1.03M – $1.26M
CAP approach$1.18M

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

500 Lk Ave Lake Worth, FL 33460-3809
County assessor Recorded deeds · 2 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
9 H, Lake Worth, FL 33460-3701 $80,000 Jan 2025 3,720 SF
1604 Dixie, Lake Worth, FL 33460 $500,000 Dec 2024 4,049 SF
209 Dixie, Lake Worth, FL 33460-3361 $801,500 Dec 2023 3,514 SF
330 Dixie, Lake Worth, FL 33460-4400 $830,000 Oct 2019 3,024 SF
14 J, Lake Worth, FL 33460-3705 $750,000 Jun 2019 3,182 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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