407 S Dixie, Lake Worth Beach, FL 33460

Property Description

An exceptional opportunity to acquire a well positioned, two story office and retail investment property along the highly traveled S Dixie Highway corridor in Lake Worth Beach, Florida. The property features a versatile mix of professional office suites and retail space, complemented by on site parking, prominent street frontage, and excellent accessibility to Downtown Lake Worth Beach and surrounding commercial districts. A key investment advantage is the property's existing lease structure, with all tenants operating under one-year leases at rental rates currently below market. This provides an incoming investor with significant flexibility and the opportunity to capitalize on rental upside through strategic lease renewals, rent adjustments, and potential property improvements. The smaller suite configurations also appeal to a broad range of professional and service-oriented tenants, supporting diversified tenancy and long-term leasing demand. Strategically situated just south of Lake Avenue, the property benefits from its central location, strong visibility, and proximity to established residential neighborhoods, local businesses, and major transportation routes. With below market rents, short term lease commitments, and multiple avenues for income growth, 407 S Dixie Highway presents a compelling value -add investment opportunity in the heart of Lake Worth Beach.