- MLS®RX-11034028
- StatusActive
- $ 1,600,000
Featured
- Price
- $ 1,600,000
- Year build
- 1950
- Sub-type
- Mixed Use
- Status
- Active
Lake Worth Beach Development Opportunity. .31 acre parcel with Mixed Use East (MU-E) Zoning. Corner location allows for a broad range of commercial and residential applications. This district is home to a burgeoning arts scene and an array of mixed use developments projects. Potential uses include and are not limited to residential, office, retail, showroom, bakery, art studios, restaurant, personal services and more. Maximum base density for the parcel allows for 8 residential units. Incorporating specific city programs would increase density and allow for the development of up to 22 residential dwelling units. Currently an 800 sf. free standing commercial building and a 1700 sf. single family home (both CBS), with leases in place, occupy the property, generating $5700 per month.
Listing Courtesy of LPT Realty, LLC
