Rare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.
Listed By
Agency Name: Keller Williams Realty/P B
Agency Phone: 561-656-2929
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimated Payment
$ 1,770.67 per month $1,335.34 Principal & Interest $260.33 Property Tax $175.00 Homeowner's Insurance
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1740 11th Avenue N | MLS# B26069988
This single family home located at 1740 11th Avenue N, Lake Worth Beach, FL 33460 is currently listed for sale with an asking price of $600,000. This property was built in 1934 and has 4 bedrooms and 2 full baths with 3899 sq. ft. 11th Avenue N is located in the GROVELAND PARK subdivision. Search GROVELAND PARK real estate on www.realtymark.net today.