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1625 Federal Hwy
Palm Beach, Blackwell Park Rev Pl, Lake Worth, FL
FOR SALE
Asking
$945,000
BTC
12.829
ETH
413.34
Home Size
1,806 sq. ft.
Year Built
1950
Prime corner-lot Fourplex in Lake Worth Beach with Mixed Use zoning, exceptional upside and potential for growth. Two one-story buildings with solid concrete block construction, impact doors, and a rolled roof, replaced in 2006. Featuring 3 Studio Units & a 1-Bedroom Apt. Separately metered electric; owner pays water. Unit #2 comes furnished. All units are rented. Excellent location! Just 5 minutes to the beach and under a mile to Lantana Road, near Palm Beach County Park Airport, Lost City Golf Club, Sports Complex, Publix, Costco, The Home Depot, top dining and a short 20 mins drive to Palm Beach. Strategically positioned 9,936 SF lot with designation Mixed Use East (MU-E) under the City’s Future Land Use Map, permitting up to 45’ maximum height and up to 30 units per acre, subject to zoning and City approval. Ideal for an owner-occupant or savvy investor seeking strong, stable cash flow. *Buyer shall be responsible to verify this information with the City of Lake Worth Beach.
LOADING
Location
Market Area
Palm Beach
Neighborhood
BLACKWELL PARK REV PL
Agent
Daniel Echague
+1 310 910 1722