101 Lucerne Ave ,Detached, Quadruplex, Lake Worth Town Of en Venta

101 Lucerne Ave en Venta

Precio $1,850,000.00

• Tamaño de lote 3277
• Año de construcción 1945
• Frente al agua
• Zip 33460
• Estilo Detached
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

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TOWN OF LAKE WORTH LT 5 BLK P

Less Than 1/4 Acre Lot

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.

City:Lake Worth,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:Tile,2:Vinyl,3:Wood,Latitude:26.6162724,Cooling Y N:1,Heating Y N:1,List Price:1850000,Listing Id:A11821345,Longitude:-80.0496285,Mls Status:Active,Year Built:1945,Living Area:2730,Postal Code:33460,Street Name:Lucerne Ave,Coordinates:1:26.6162724,Photos Count:23,Building Name:LAKE WORTH TOWN OF,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:5600,M L S Area Major:Lake Worth Town Of,On Market Date:2025-06-12,Parcel Number:38434421155130050,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Pest Control,4:Sewer,5:Water,Stories Total:2,Street Number:101,M I A M I R E_ Style:Fourplex,Public Remarks: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.,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:New,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:1850000,Public Survey Range:38,Documents Available:1:Other Available Information,I D X Participation Y N:1,Number Of Units Total:5,Syndication Remarks: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.,Listing Contract Date:2025-06-12,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:5 Units (4 studios, 2br/2ba Single Family Home)All tenants are month to month, great walkability to beaches, restaurants.Lush garden/common area,lobby,Contract Status Change Date:2025-06-12,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,