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    Property profile & analytics

    512 Lucerne Ave Lake Worth, FL 33460-3819

    • Office buildings
    • 3,343 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $1,520,000
    Last Sale
    Sep 19, 2023
    $1,700,000
    Location Intelligence
    Property ID
    US18-4003996
    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

    • Facilitating Uniqueness / Marketing Consultant
    • Create Now Media / Marketing Agency / Media Company
    • Sperry Tents Miami / Tent Rental Service
    • David Alexander Realty / Real Estate Agency
    • Del Sol Financial llc / Tax Preparation / Notary Public

    Property Details for 512 Lucerne Ave

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    3,343 SF
    Zone code
    DT
    Property type
    Office buildings
    APN
    38-43-44-21-15-024-0260
    APU
    38434421150240260

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,595,000
      6.5%
      $1,550,000
      7%
      $1,635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,495,000
      Geo Method
      $1,570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,525,000
      Retail
      $1,300,000
      Mixed-Use
      $1,750,000
      Hospitality
      $1,655,000
      Educational
      $1,305,000
      Residential Income
      $1,295,000
      Energy
      $1,665,000
      Income-Based Land
      $1,690,000
      Food Service
      $1,515,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0539
    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
    $19,314
    $295,189
    $546,655
    $841,844
    -
    $295,189
    $546,655
    $841,844

    Comparable in this City

    • Value Estimation by Request
      5,028 SF

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      View Details
    • Value Estimation by Request

      1520 10th Ave N Ste E1

      OFFICE BUILDING
      1520 10th Ave N Ste E1, Lake Worth, FL 33460-2069
      View Details
    • Value Estimation by Request
      13,943 SF

      1032 Dixie Hwy

      OFFICE BUILDING (MULTI-STORY) • 13,943 SF
      1032 Dixie Hwy, Lake Worth, FL 33460-2119
      View Details
    • Value Estimation
      $970,000
      3,632 SF

      1718 Federal Hwy

      OFFICE BUILDING (MULTI-STORY) • 3,632 SF
      1718 Federal Hwy, Lake Worth, FL 33460-6643
      View Details
    • Value Estimation
      $1,455,000
      1,242 SF

      301 Lk Ave

      OFFICE BUILDING (MULTI-STORY) • 1,242 SF
      301 Lk Ave, Lake Worth, FL 33460-3906
      View Details
    • Value Estimation
      $285,000
      4,180 SF

      1010 10th N Ave

      OFFICE BUILDING (MULTI-STORY) • 4,180 SF
      1010 10th N Ave, Lake Worth, FL 33460-2167
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $6,150 /Mo
      22,067 SF

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      One-story building on Lake Worth Road available for lease.
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      View Details
    • $83 SF/Yr
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      Small Professional Office Space Available
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      View Details
    • $4,645 /Mo

      Updated Retail Space on Dixie

      930 SF retail/office space in Lake Worth Beach, FL.
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      View Details
    • $2,475 /Mo

      Versatile Flex Space For Lease

      940 SF flex space with grade-level door, fully air-conditioned.
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      View Details
    • $2,400 /Mo

      Corner Retail/Office Space Available

      840 SF corner space with high visibility near I-95.
      832 N Dixie Hwy, Lake Worth, FL 33460
      View Details
    • Contact for pricing

      Lake Worth Road Office Building

      Prime Lake Worth Beach Office Space
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      View Details
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    512 Lucerne Ave
    Lake Worth, FL 33460-3819
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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