Tbd S Confidential
$1,700,000
Tbd S Confidential, Lake Worth Beach, FL 33460
2018
Year Built
DT—DOWNTOWN (38
Zoning
Details:
Highlights:
- Building Area: 511.0
Description:
3-Unit Commercial Condo Portfolio - Lake Worth Beach (South Palmway area)
8.47% Cap Rate
Stabilized, 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