6 Lucerne Avenue

Lake Worth, FL 33460

$2,595,000
Price
Beds
5,018 Sq. Ft.
$517 / Sq. Ft.
5,018
Sq. Ft.
$517
per Sq. Ft.

Description

Trophy Building in Downtown LWB, across the street from the golf course/Intracoastal/lakeside park, the first building one encounters when crossing the bridge from Palm Beach. New roof, new hurricane impact windows & doors/new stucco repair/new paint inside and out/new a/c. FOUR UNIT BUILDING fully furnished and equipped each 2BR/2BA with excellent short term rental history. Downtown Zoning allows commercial use and short term AirBnb. Can be converted to 8 unit hotel operation. Buyer to complete...Trophy Building in Downtown LWB, across the street from the golf course/Intracoastal/lakeside park, the first building one encounters when crossing the bridge from Palm Beach. New roof, new hurricane impact windows & doors/new stucco repair/new paint inside and out/new a/c. FOUR UNIT BUILDING fully furnished and equipped each 2BR/2BA with excellent short term rental history. Downtown Zoning allows commercial use and short term AirBnb. Can be converted to 8 unit hotel operation. Buyer to complete due diligence and independently verify with City of LWB zoning and usage/development potential. No other rental/investment property in PB County in this price range has this curb appeal, location and potential.
  1. Listed by Jeffrey A. Cloninger • Sotheby's Intl. Realty, Inc.

Property Details for 6 Lucerne Avenue

Subdivision
LAKE WORTH TOWN OF
Waterfront
No
Waterfront Details
None
View
Golf
Style
No Pool/No Water

Location

Listing Courtesy of Sotheby's Intl. Realty, Inc.
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LISTING UPDATED: 08/29/2023 01:12 PM

Property Details for 6 Lucerne Avenue

StatusActive
MLS #RX-10891169
Days on Market350
Taxes$29,260 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1972
Lot Size0.16 AC / 6,753 SF
CountyPalm Beach County

Building

SIX LUCERNE

2 StoriesBuilt in 1972

Location

Listing Courtesy of Sotheby's Intl. Realty, Inc.
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Building Information for 6 Lucerne Avenue

Stories2Residences-Year Built1972Building Size-Lot Size0.16 AC / 6,753 SF

Payment Calculator

$16,600 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,162

Property Taxes

$2,438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6 Lucerne Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 6
  • Subdivision Complex Bldg: LAKE WORTH TOWN OF
  • Municipal Code: Lake Worth
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5600
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2022
  • Maintenance Fee Incl: None
Property
Lot Information
  • Area: 5600
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 135.0 ft x 50.0 ft
  • Parcel ID: 38434421150340160
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 5,760
  • Square Ft Source: Tax Rolls
  • Zoning: CAC(ci
Property and Assessments
  • Legal Desc: LAKE WORTH TOWN OF LT 16 BLK 34
  • Sq Ft Liv Area: 5018.0
  • Legal Description: LAKE WORTH TOWN OF LT 16 BLK 34
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Concrete Block Construction, Concrete Block With Brick
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Tar/Gravel
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Central Individual
  • Flooring: Carpet, Ceramic Tile, Clay Tile, Vinyl Floor
  • Heating: Central Individual
  • Window Treatments: Blinds, Casement, Drapes, Hurricane Windows, Impact Glass
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $1.00
  • Income & Expenses: Annual Total Expense: $1.00
  • Income & Expenses: Gross Operating Inc: $1.00
  • Tenant Pays: None
Unit 1
  • Unit 1 Desc: A/C Unit, Dishwasher, Electric Meter, Foyer, Kitchen, Microwave, Patio, Range - Electric, Refrigerator
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Monthly Income: 7,000
  • Unit 1 Info: SqFt: 1254.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Dishwasher, Electric Meter, Foyer, Kitchen, Microwave, Patio, Range - Electric, Refrigerator
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 2
  • Unit 2 Info: Furnished: Yes
  • Unit 2 Info: Monthly Income: $7,000
  • Unit 2 Info: SqFt: 1254.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Dishwasher, Kitchen, Microwave, Patio, Range - Electric, Refrigerator
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 2
  • Unit 3 Info: Furnished: Yes
  • Unit 3 Info: Monthly Income: $7,000.00
  • Unit 3 Info: SqFt: 1254.0
  • Unit 3 Parking: Open Parking, Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Dishwasher, Microwave, Patio, Range - Electric, Refrigerator
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Furnished: Yes
  • Unit 4 Info: Monthly Income: $7,000.00
  • Unit 4 Info: SqFt: 1254.0
  • Unit 4 Parking: Open Parking, Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 6 Lucerne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6 Lucerne Avenue

Taxable ValueLand$353,518Additions$917,888Total$1,271,406
Tax Record2023$29,068 ($2,422 / month)
Home Facts
Baths2Total Finished SqFt5,018 SqFtAbove Grade Finished SqFt5,018 SqFtStories2Lot Size6,752 SqFtStyleQuadraplexYear Built1972Year Renovated2015ZoningDTCountyPALM BEACHAPN38-43-44-21-15-034-0160

Schools near 6 Lucerne Avenue

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 8
Public - 6 to 8
Charter - K to 8
Rating
School
Distance
Lake Worth High School
PublicPK to 12

North Grade Elementary School
PublicK to 8

Lake Worth Community Middle School
Public6 to 8

Palm Beach Maritime Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6 Lucerne Avenue is a multi-family home for sale in Lake Worth, FL 33460. This property was listed for sale on May 19, 2023 by Sotheby's Intl. Realty, Inc., it's currently listed at $2,595,000. It has been on the market for a total of 350 days and was last sold on December 30, 2021. This listing's school district is Palm Beach. Nearby schools include Lake Worth High School, North Grade Elementary School and Lake Worth Community Middle School. 6 Lucerne Avenue is a 0-bed, 0-bath, 5,018 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's Intl. Realty, Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.