Basic Information

  • MLS # A11821345
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Lake Worth Town Of
  • Year Built 1945
  • Total Sqft 2,730
  • Date Listed 06/12/2025
  • Days on Market 10
Description

The Lucerne is a 5-unit Art Deco property featuring 4 studio apartments and a detached 2BD/2BA single-family home, offering privacy and flexibility for personal use or premium STR. Located just minutes from Palm Beach beaches, golf courses, downtown Lake Ave shops and dining, and the iconic Gulfstream Hotel, which is undergoing a $100M+ renovation expected to transform the area’s hospitality market. Zoned Downtown Commercial, this well-maintained property has zero deferred maintenance and all tenants on month-to-month leases, allowing for immediate repositioning. With strong income potential, value-add upside through interior upgrades, and versatile configurations for investors or owner-users, The Lucerne is a rare, high-demand opportunity in a booming market.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Flat, Tile
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,730Sq.Ft
  • Cooling Description Central Air, Wall Window Units
  • Floor Description Hardwood, Terrazzo, Tile, Vinyl, Wood
  • Heating Description Wall Furnace
  • Sqft 2,730 Sq.Ft

Property Features

  • Address 101 Lucerne Ave
  • Aprox. Lot Size 3,277
  • Architectural Style Fourplex
  • City Lake Worth
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional, Owner May Carry
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Lake Worth
  • Public Survey Section Two
  • Public Survey Township 38
  • Roof Flat, Tile
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Lake Worth Town Of
  • Tax Amount $12,350
  • Tax Legal desc T O W N O F L A K E W O R T H L T5 B L K P
  • Tax Year 2024
  • Terms Considered Cash, Conventional, Owner May Carry
  • Type of Property Quadruplex
  • Year Built Details Resale

101 Lucerne Ave

Lake Worth, FL 33460

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ONE Commercial LLC. tel: 305-666-0562

Real Estate IDX Powered by: TREMGROUP