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Property profile & analytics

502 Lucerne Ave Lake Worth, FL 33460-3819

  • Retail space
  • 1,040 SF
  • 0.16 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-7803833
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Blueprint Bar & Grill / Restaurant
  • Featherstone LLC / Restaurant

Property Details for 502 Lucerne Ave

Year built
1955
Construction
WOOD
Lot size
0.16 lot acres
Property size
1,040 SF
Zone code
DT
Property type
Retail space
APN
38-43-44-21-15-024-0210
APU
38434421150240210

Description

This exceptional restaurant opportunity is located at 502-504 Lucerne Avenue in Lake Worth Beach, Florida, at the corner of Lucerne Avenue and North M Street. The property boasts a substantial 4,237 square feet of air-conditioned space, complemented by over 6,500 square feet including a significant outdoor area. A rare feature is the expansive outdoor seating directly facing Lucerne Avenue, along with a large, walled-in courtyard featuring an outdoor bar and additional seating. The second floor includes a fully equipped office with a full bath, and a separate, fully renovated one-bedroom loft-style apartment. The entire restaurant underwent a complete renovation in 2021, encompassing all electrical, plumbing, HVAC systems, flooring, bathrooms, bars, and the kitchen. Currently leased to Blueprint Grill, the tenant is exploring other ventures, presenting a unique opportunity for a new operator. The restaurant space is available for $12,000 per month NNN, with the apartment separately available for $2,000 per month. Prospective tenants must contact the owner directly before any site visits. Unauthorized visits will disqualify any potential lease. This property is situated in Palm Beach County, Florida, with a zip code of 33460.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Lake Worth
County
Palm Beach
State
Florida
Longitude
-80.0535
Latitude
26.6168
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,604
$268,364
$428,791
$697,155
-
$268,364
$428,791
$697,155
More about this property
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