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505 24th Avenue N Lake Worth Beach, FL $ 2,095,000
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$ 2,095,000 Get more info
505 24th Avenue N
$ 2,095,000
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505 24th Avenue N

Lake Worth Beach, FL
$ 2,095,000
Bedrooms-- Baths-- Sq 6,362

Monthly Estimate*

$ 12,899

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View a Virtual Tour
Commercial Property for sale in Lake Worth Beach, FL for $2,095,000. This 6,362 square foot building was built in 1978 on a lot size of 0.9.

Incredible assemblage of 4 contiguous parcels. Sale includes almost an entire city block in the highly sought-after Lake Worth Beach area. This unique offering includes: 3 Single-Family Homes,1 Duplex, 1 Large Apartment Building, 4-Car Garage and 1 Vacant Lot. All under termite warrantee. All buildings completely renovated 2015 to the frame including new foundations and floor frames. Hurricane clipped at all wood joints to current wind code. Architectural and Structural Engineer Drawings and certifications for all buildings. All impact windows and doors. New electric service, wiring, plumbing, insulation, crawl space has liner, sheetrock, roofs and more. These are basically ALL NEW structures with permits to prove it. Opportunities like this are rarely available in this location.

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Commercial Active

Price

$ 2,095,000

Property Type

Commercial

Taxes

$ 13,764

Style

Lot Size

0.9

Year Built

1978

Town/City

Lake Worth Beach

County/Region

Palm Beach

MLS | Web ID

B26024798
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available Electricity Available Phone Available Water Available
Possession Close Of Escrow
Roof Mixed
Security Features None
Construction Materials Block
Year Built 1978
Electric Other
Stories Count 2
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Gross Income 156000
Accessibility Accessibility Features
County Palm Beach
Net Operating Income 123456
Operating Expense 32544
Insurance Expense 13500
New Construction false
Property Type Commercial Sale
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 Mixed Use
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
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Interior
Flooring Ceramic Tile Linoleum Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Assigned Accessible Parking Common Guest
Water Source Multiple Meters 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
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* Excluded Features
List By
Cole D Leavitt

Listing Agent

Affordability Calculator

$14,046
Per Month
92%
8%
0%
Monthly Principal & Interest
$12,899
Monthly Property Taxes
$1,147
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/6/2026$2,095,000 Listed Price

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505 24th Avenue N, Lake Worth Beach, FL, is a Commercial Property for sale at $2,095,000 with 6,362 sqft and a lot size of 0.9. 505 24th Avenue N was built in 1978. The property's zip code is which is in Lake Worth Beach, FL

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