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.
Property Details
- Interior
- Closet Cabinetry, Pantry
- Cooling
- 1
- Heating
- Electric
- Cooling Features
- Attic Fan, Ceiling Fan(s)
- Bedrooms
- 4
- Bathrooms
- 2.0
- Full Baths
- 2
- View
- Other,Other Water View
- Lot Features
- Lake Worth, 1/2 To Less Than 3/4 Acre Lot, Corner Lot, Cul-De-Sac, Irregular Lot, Less Than 1 Acre, Oversized Lot, West Of US 1,
- Stories
- 1
- Lot Description
- Lake Worth, 1/2 To Less Than 3/4 Acre Lot, Corner Lot, Cul-De-Sac, Irregular Lot, Less Than 1 Acre, Oversized Lot, West Of US 1,
- Exterior Features
- West Of Us1, Barbeque, Fruit Trees, Room For Pool
- Exterior Materials
- West Of Us1, Barbeque, Fruit Trees, Room For Pool
- Acres
- 0.62
- Square Feet
- 2077
- Parking Features
- 2 Or More Spaces, Driveway, Unpaved
- Parking Spaces
- 3
- Parking Type
- Driveway
- Parking Carport Spaces
- 1
- Property Type
- Purchase
- Style
- Other, One Story
- Year Built
- 1934
- Roof
- Other Roof/Roof Structure, Flat Tile, Flat Roof With Facade Front, Other
- Sewer Information
- At Site, Public Sewer, Other, Public Sanitation, Sewer
- Utility Source
- Public
- Utility Features
- Phone Connected, Sewer Connected, Electricity Available, Phone Available, Sewer Available, Water Available
- Appliances
- Dryer, Electric Range, Refrigerator
- Subdivision
- GROVELAND PARK
- Community Features
- Paved Road
- Middle School
- Lake Worth Community Middle
- High School
- Lake Worth
- County
- Palm Beach County
- Zoning
- SF-R (city)
- Original List Price
- $600,000
- Taxes Annual
- $3,124
Location
Legal
MIAMI ASSOCIATION OF REALTORS® 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 to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: Sep 2, 2026 7:04 PM. Source: MAOR
Provided By
Listed by Nola E Brown (#FLL276710127), Email: nolabr65@gmail.com
Listing Office: Keller Williams Realty/P B (#FLL607508)
