FL > Lake Worth Beach > One Luxury Condo
Lake Worth Beach, FL 33460,Tbd S Confidential 101, 102, 103
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Kelli Davidson

Kelli Davidson

+1(561) 696-1314
Listed by KMF Business Advisors
$ 1,700,000
Est. payment | /mo

3 Baths

511 SqFt

Save
$ 1,700,000
Est. payment | /mo
Save

3 Baths

511 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 511 sqft

Price per Sqft $3,326

Subdivision One Luxury Condo

MLS Listing ID RX-11138693

Year Built 2018

Annual Tax Amount $41,467

Tax Year 2024

Lot Size 4,356 Sqft

Property Sub-Type Retail

Property Description

3-Unit Commercial Condo Portfolio - Lake Worth Beach (South Palmway area)8.47% Cap RateStabilized, income-producing portfolio of three condos, each leased at $4,000/month with long-term tenants and steady income (~$144K/yr). Located in the desirable South Palmway/Bryant Park district, steps from the Intracoastal, downtown Lake Ave, and the beach.The area is booming with new developments and the Gulfstream Hotel renovation (2025-26), adding 140+ rooms, apartments, and rooftop dining--expected to boost local demand. Supported by CRA-backed projects and pro-growth zoning updates, property values are rising.Each unit is fee-simple, well-maintained, with established tenants. Easy access to US-1 & I-95. Buyer to verify condo docs and zoning. Great long-term income and appreciatio

Location

State FL

County Palm Beach

Area 5600

Zoning DT--DOWNTOWN (38

Interior

Heating No Heat

Cooling Central Building

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm

Exterior

Utilities Available Cable, Public Water

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional, Cryptocurrency

Listing Terms Cash, Conventional, Cryptocurrency

Financing Cash,Conventional,Cryptocurrency

Kelli Davidson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 696-1314

kelli@sellsfloridaliving.com

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Tbd S Confidential 101, 102, 103