Homes for sale - 101 Lucerne Ave, Lake Worth, FL 33460

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Dean Franck

threeislandsspecialist@gmail.com +1(954) 408-1118

$1,795,000

Est. payment - /mo

2,730 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,730 sqft

Price per Sqft $657

Subdivision Lake Worth Town Of

MLS Listing ID A11821345

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1945

Annual Tax Amount $12,350

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

The Lucerne is a 5-unit Art Deco property featuring 4 studio apartments and a detached 2BD/2BA single-family home, offering privacy and flexibility for personal use or premium STR. Located just minutes from Palm Beach beaches, golf courses, downtown Lake Ave shops and dining, and the iconic Gulfstream Hotel, which is undergoing a $100M+ renovation expected to transform the area's hospitality market. Zoned Downtown Commercial, this well-maintained property has zero deferred maintenance and all tenants on month-to-month leases, allowing for immediate repositioning. With strong income potential, value-add upside through interior upgrades, and versatile configurations for investors or owner-users, The Lucerne is a rare, high-demand opportunity in a booming market.

Location

State FL

County Palm Beach

Community Lake Worth Town Of

Area 5600

Interior

Heating Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Hardwood, Terrazzo, Tile, Vinyl, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 38434421155130050

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.youtube.com/watch?v=G89shOE81B8

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Listed by ONE Commercial LLC

Learn More About LPT Realty

Dean Franck

+1(954) 408-1118

Agent | License ID: 3589540

Agent License ID: 3589540

101 Lucerne Ave Lake Worth, FL 33460

Dean Franck

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

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101 Lucerne Ave