406 Lucerne AveLake Worth Beach, FL 33460

Property Details for 406 Lucerne Ave

Year built

1979

Construction

CONCRETE

Lot size

0.30 AC

Property size (Sq ft)

2,152 SF

Zone code

DT

Property type

Retail properties

Property subtype

Retail space

APN

38-43-44-21-15-026-0150

APU

38434421150260150

Description

This exceptional 2,152-square-foot creative office space is situated on a prominent corner lot in the heart of Lake Worth Beach's downtown area, at the northwest intersection of Lucerne Avenue and North Federal Highway. The single-tenant building, constructed in 1979 and renovated in 2010, boasts a Class A designation and features a 10-foot ceiling height. The property sits on 0.3 acres of land within a larger 13,068-square-foot lot, providing ample space and potential for outdoor expansion. With 16 parking spaces available, this property is well-suited for a variety of businesses. The building's zoning is DT - Downtown Zoning, allowing for flexibility in its use. The property taxes are $7.32 per square foot. The building is currently vacant, presenting a unique opportunity for a business to establish itself in a rapidly growing area. The owner is offering assistance with build-out, making this an even more attractive proposition. The location benefits from high visibility due to its placement at a signalized intersection. This property offers a significant advantage over comparable spaces in nearby Delray Beach or West Palm Beach, providing a cost-effective entry point into a thriving market. The proximity to the planned "WMODA Museum and Campus Project" and the redevelopment of the Gulfstream Hotel further enhances the investment potential. This is a rare opportunity to secure a prime location in a dynamic and expanding downtown area. The Palm Beach County property features a single story and no elevators. The APN is 38-43-44-21-15-026-0150.

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.6167

Longitude

-80.0527

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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