Mixed Use · Commercial Sale
505 24th Avenue N, FL 33460
FL, 33460
$2,095,000
Presented by Parvani Commercial Group, Inc.
About This Property
Rare opportunity to acquire a four-parcel assemblage encompassing nearly an entire city block in desirable Lake Worth Beach. This unique offering includes 3 single-family homes, 1 duplex, 1 large apartment with private garage, 1 smaller apartment with a four-car garage, and 1 vacant lot. All structures were comprehensively renovated in 2015 with permits, rebuilt to the frame with new foundations, floor framing, electrical, plumbing, insulation, drywall, roofs, impact windows and doors, and hurricane clip reinforcement to current wind codes. Architectural and structural plans, certifications, and permits are available. All improvements are under termite warranty. A truly rare investment and redevelopment opportunity.
Property Details
- Property Type
- Mixed Use
- Status
- Active
- MLS #
- B26024798
- Building Area
- 6,362 SF
- Leasable Area
- 6,263 SF
- Lot Size
- 0.9 acres
- Year Built
- 1978
- Zoning
- Multiple
- Units
- 7
- Net Operating Income
- $123,456
- Days on Market
- 38
- Price
- $2,095,000