101 Lucerne Ave ,Detached, Quadruplex, Lake Worth Town Of for Sale

101 Lucerne Ave for Sale

Price $1,850,000.00

• Lot size 3277
• Year Build 1945
• Waterfront
• Zip 33460
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

The Lucerne, five units currently operating as Extended stay/monthly rentals boasting Art Deco styling, is located in the heart of downtown Lake Worth Beach, Florida is comprised of four tastefully decorated studios that are located in a two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage that is located within a second detached structure. The property has been maticulously mantained and updated throughout ownership. The Lucerne is within a stones throw away from new development including the Gulfstream Hotel, walkability to beaches, restaurants and the golf course. This is a unique opportunity to buy this historic Art deco trophy property in one of South floridas most desireable locations by Palm Beach. SEE ATTACHMENTS FOR OFFERING PACKAGE

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= Fully occupied with MTM tenants, 4 studios 1 single family 2/2 cottage. A+ Location

TOWN OF LAKE WORTH LT 5 BLK P

Less Than 1/4 Acre Lot

The Lucerne, five units currently operating as Extended stay/monthly rentals boasting Art Deco styling, is located in the heart of downtown Lake Worth Beach, Florida is comprised of four tastefully decorated studios that are located in a two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage that is located within a second detached structure. The property has been maticulously mantained and updated throughout ownership. The Lucerne is within a stones throw away from new development including the Gulfstream Hotel, walkability to beaches, restaurants and the golf course. This is a unique opportunity to buy this historic Art deco trophy property in one of South floridas most desireable locations by Palm Beach. SEE ATTACHMENTS FOR OFFERING PACKAGE

City:Lake Worth,Roof:1:Other,Zoning:DT (city,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Flooring:1:Terrazzo,2:Vinyl,Latitude:26.6162606,Cooling Y N:1,Heating Y N:1,List Price:1850000,Listing Id:A11753404,Longitude:-80.0496041,Mls Status:Active,Year Built:1945,Directions:Lucerne Avenue on the South Side of the Street. From 95 take 6th ave S or 10th ave,Living Area:2730,Postal Code:33460,Street Name:Lucerne Ave,Coordinates:1:26.6162606,Photos Count:29,Building Name:LAKE WORTH TOWN OF,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:5540,M L S Area Major:Lake Worth Town Of,On Market Date:2025-02-27,Parcel Number:38434421155130050,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Sewer,4:Trash Collection,5:Water,Stories Total:2,Street Number:101,M I A M I R E_ Style:Fourplex,Public Remarks:The Lucerne, five units currently operating as Extended stay/monthly rentals boasting Art Deco styling, is located in the heart of downtown Lake Worth Beach, Florida is comprised of four tastefully decorated studios that are located in a two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage that is located within a second detached structure. The property has been maticulously mantained and updated throughout ownership. The Lucerne is within a stones throw away from new development including the Gulfstream Hotel, walkability to beaches, restaurants and the golf course. This is a unique opportunity to buy this historic Art deco trophy property in one of South floridas most desireable locations by Palm Beach. SEE ATTACHMENTS FOR OFFERING PACKAGE,Structure Type:1:Fourplex,County Or Parish:Palm Beach County,List Office Name:ONE Commercial LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:3913,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:LAKE WORTH TOWN OF,Tax Annual Amount:12350,Unparsed Address:101 Lucerne Ave, Lake Worth FL 33460,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:3277,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:677.6557,Original List Price:185000,Previous List Price:185000,Public Survey Range:38,I D X Participation Y N:1,Number Of Units Total:5,Syndication Remarks:The Lucerne, five units currently operating as Extended stay/monthly rentals boasting Art Deco styling, is located in the heart of downtown Lake Worth Beach, Florida is comprised of four tastefully decorated studios that are located in a two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage that is located within a second detached structure. The property has been maticulously mantained and updated throughout ownership. The Lucerne is within a stones throw away from new development including the Gulfstream Hotel, walkability to beaches, restaurants and the golf course. This is a unique opportunity to buy this historic Art deco trophy property in one of South floridas most desireable locations by Palm Beach. SEE ATTACHMENTS FOR OFFERING PACKAGE,Listing Contract Date:2025-02-27,Originating System I D:miamire,Public Survey Section:21,Showing Instructions:Call Listing Agent,Street Number Numeric:101,Tax Legal Description:TOWN OF LAKE WORTH LT 5 BLK P,Public Survey Township:38,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2783,M I A M I R E_ Internet Remarks:Fully occupied with MTM tenants, 4 furished studios, 1 single family 2/2 cottage. A+ Location by Palm Beach SEE ATTACHMENTS FOR OFFERING PACKAGE,Contract Status Change Date:2025-02-27,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:677.66,