1740 11th Avenue North , FL 33460

$600,000
4
Beds
2
Baths
2,077
SQFT
289
$/SQFT
$600,000
4
Beds
2
Baths
2,077   sf
$289 / sf
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Rare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.

Rare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Palm Beach County
  • Area
    Groveland Park
  • Tax Amount
    $3,124
  • Status
    Active
  • Listing #
    B26069988
  • Built
    1934
  • Listed on site
    6 days
  • Listing Agent Id
    FLL276710127
  • Listing Agent Phone
    561-312-8268

Listed by:
Keller Williams Realty/P B

Source:
MIAMI MLS

Property details

Community Features

  • No HOA
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