Address
505 24th Avenue N, Lake Worth Beach, FL
Price
$ 2,095,000
Property Attributes
- MLS#B26024798
- TypeSingle Family
- Listing Status Active
- CountyPalm Beach
- CityLake Worth Beach
- Area5620
- Zip
- Style
- Year Built1978
- Taxes$ 13764
- Price$ 2,095,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6362
- Lot Size0.9 Acres
Data Source:
Beaches MLS (FL)
Property Description
Rare opportunity to acquire a four-parcel assemblage encompassing nearly an entire city block in desirable Lake Worth Beach. This unique offering includes 3 single-family homes, 1 duplex, 1 large apartment with private garage, 1 smaller apartment with a four-car garage, and 1 vacant lot. All structures were comprehensively renovated in 2015 with permits, rebuilt to the frame with new foundations, floor framing, electrical, plumbing, insulation, drywall, roofs, impact windows and doors, and hurricane clip reinforcement to current wind codes. Architectural and structural plans, certifications, and permits are available. All improvements are under termite warranty. A truly rare investment and redevelopment opportunity.
| Price History | |
|---|---|
| 5/6/2026 | Listed $2,095,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central |
| Cooling | CentralAir,CeilingFans |
| Utilities | CableAvailable,ElectricityAvailable,PhoneAvailable,WaterAvailable |
| Possession | CloseOfEscrow |
| Roof | Mixed |
| Security Features | None |
| Construction Materials | Block |
| Year Built | 1978 |
| Electric | Other |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | MixedUse |
| Tax Year | 2025 |
| Gross Income | 156000 |
| Accessibility | AccessibilityFeatures |
| County | Palm Beach |
| Net Operating Income | 123456 |
| Operating Expense | 32544 |
| Insurance Expense | 13500 |
| New Construction | false |
| Property Type | CommercialSale |
| Status | Active |
| City | Lake Worth Beach |
| Number Of Units Total | 7 |
| MLS Area | 5620 |
| Tax Annual Amount | 13764 |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/505-24th-Avenue-N-Lake-Worth-Beach-FL/unbranded |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | MixedUse |
| PostalCity | Lake Worth Beach |
| Legal Description | WORTHMORE PARK LTS 6 THRU 10 BLK 11 WORTHMORE PARK LTS 11 & 12 BLK 11 WORTHMORE PARK LTS 13 THRU 16 BLK 11 WORTHMORE PARK LTS 3 THRU 5 BLK 1 |
Interior Features
| Flooring | CeramicTile,Linoleum,Vinyl |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Parking Features | Assigned,AccessibleParking,Common,Guest |
|---|---|
| Water Source | MultipleMeters,Public |
| Total Parking | 20 |
| Lot Size Area | 39203 |
| Foundation Details | Slab |
| Number of Buildings | 6 |
| Building Area Total | 6362 |
| Lot Size Acres | 0.9 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
