1744 Lk Worth RdLake Worth Beach, FL 33460

Property Details for 1744 Lk Worth Rd

Year built

1966

Construction

CONCRETE

Lot size

0.51 AC

Property size (Sq ft)

1,800 SF

Zone code

MF-20

Property type

Office buildings

APN

38-43-44-21-02-035-0062

APU

38434421020350062

Description

This exceptional single-tenant office building at 1744 Lake Worth Road in Lake Worth Beach, Florida, presents a unique leasing opportunity. The property boasts a 1,800 square foot, one-story standalone structure situated on a sizable, fenced lot exceeding 22,000 square feet. Ample parking is provided with 11 spaces readily available for tenants and their clients. The building is currently ready for tenant build-out, offering flexibility to customize the space to meet specific business needs. Its strategic location directly on Lake Worth Road ensures high visibility and accessibility, further enhanced by its proximity to Lake Worth High School. The zoning designation is MF-20(c), and the property's APN is 38434421020350062. This property is ideal for a variety of businesses, particularly those seeking a high-profile location with significant parking and the ability to create a customized workspace. The address is 1744 Lake Worth Road, Lake Worth Beach, FL 33460. This is a rare opportunity to secure a prominent location in a thriving area. The lot size is not explicitly stated, but the building sits on a large fenced lot. The property is zoned for mixed-use, offering potential for various business types.

• CAP approach

  CAP return

  Valuation

  6%

  $462,564

  6.5%

  $426,982

  7%

  $396,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $500,724

  Geo Method

  $500,724

• Alternative Use

  Use

  Valuation

  Residential

  $529,458

  Hospitality

  $484,981

  Educational

  $403,498

  Medical

  $417,375

  Retail

  $627,664

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.6172

Longitude

-80.0668

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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