1740 11th Avenue N, Lake Worth Beach, FL 33460

$600,000
4
BD
2
BA
2,077
SqFt

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List Price
$600,000
MLS#
B26069988
Status
ACTIVE
County
Palm Beach
City
Lake Worth Beach
Subdivision
Groveland Park
Bedrooms
4
Bathrooms
2
Living Area
2,077

Property Description

Rare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.

Additional Information

Days on Market
7
Year Built
1934
Style
A-Frame
Stories
1
Interior Features
Closet Cabinetry, Cathedral Ceiling(s), Kitchen/Dining Combo, Primary Downstairs, Pantry
Cooling
Attic Fan, Ceiling Fan(s)
Heating
Electric
Exterior Features
Fence, Sprinkler/Irrigation, Shutters Electric, Storm/Security Shutters
Roof
Flat Tile, Other
Parking Spaces
1
Elementary School
Highland
Middle School
Lake Worth Community Middle
High School
Lake Worth

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty/P B. Contact: