Lake Worth Town Of
$1,850,000
101 Lucerne Ave, Lake Worth Beach, FL 33460
3,277 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Copy Of Lease(S), Other Available Information
- Architectural Style: Detached
- Cooling: Central Air, Wall/Window Unit(s)
- Heating: Window/Wall
- Flooring: Terrazzo, Tile, Vinyl, Wood
- Construction Materials: Concrete Block Construction
Description:
The Lucerne is a 5-unit Art Deco property featuring 4 studio apartments and a detached 2BD/2BA single-family home, offering privacy and flexibility for personal use or premium STR. Located just minutes from Palm Beach beaches, golf courses, downtown Lake Ave shops and dining, and the iconic Gulfstream Hotel, which is undergoing a $100M+ renovation expected to transform the area’s hospitality market. Zoned Downtown Commercial, this well-maintained property has zero deferred maintenance and all tenants on month-to-month leases, allowing for immediate repositioning. With strong income potential, value-add upside through interior upgrades, and versatile configurations for investors or owner-users, The Lucerne is a rare, high-demand opportunity in a booming market.
Location
Gallery
