1828 Dixie HwyLake Worth Beach, FL 33460

Property Details for 1828 Dixie Hwy

Year built

1952

Construction

CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

1,200 SF

Zone code

MU-DIXIE

Property type

Retail properties

Property subtype

Retail space

APN

38-43-44-15-16-043-0060

APU

38434415160430060

Description

This exceptional 1,250 square foot retail or office space boasts a highly desirable location on North Dixie Highway in Lake Worth Beach. Situated less than two blocks from both The Mid (a 230-unit luxury apartment complex) and Deco Green (a 125-unit apartment complex), this property ensures high visibility and foot traffic. Enjoy excellent access to Downtown Lake Worth Beach, West Palm Beach, I-95, and a wealth of shopping, dining, and entertainment options. The building features a versatile open layout, durable CBS construction with a concrete roof, and attractive 12-foot exposed concrete ceilings. Practical amenities include two restrooms, dedicated office/storage areas, a convenient 6' x 10' grade-level overhead door, and hurricane impact windows and doors for added security and peace of mind. The MU-DIXIE zoning provides flexibility for a variety of business uses. This property presents a unique opportunity for businesses seeking a high-traffic location with modern features and excellent accessibility. The single-tenant space is ready for immediate occupancy. APN: 38434415160430060.

• CAP approach

  CAP return

  Valuation

  6%

  $453,313

  6.5%

  $418,442

  7%

  $388,554

• Comparable approach

  Method

  Valuation

  Relative Method

  $841,216

  Geo Method

  $841,216

• Alternative Use

  Use

  Valuation

  Residential

  $352,972

  Hospitality

  $323,320

  Educational

  $268,999

  Medical

  $278,250

  Retail

  $418,442

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.6385

Longitude

-80.0563

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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