201 S Lakeside DR new

Lake Worth,FL 33460

$ 2900000

- Bed

10 Baths

12500 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $232

Subdivision Linden Arms Condo

MLS Listing ID RX-11117845

Year Built 1967

Annual Tax Amount $2,004

Tax Year 2024

Lot Size 0.300 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

Exceptional investment opportunity! This 3-story, 10-unit apartment complex sits on a corner lot just two blocks from the Intracoastal, minutes from downtown dining, shopping, and only 5 minutes to the beach. Ten 1BR/1BA units with central A/C rent for $1,900/month, plus a stunning 3,440 SF rooftop penthouse with 3BR/3BA. The building offers elevator access, a 900 SF recreation room, community laundry, and plenty of parking. Strong rental income, prime location, and rare penthouse highlight make this a must-see property with outstanding long-term potential.

Location

State FL

County Palm Beach

Area 5610

Zoning MF-30(

Interior

Heating Central

Cooling Central

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm

Exterior

Utilities Available Cable,Electric,Public Sewer,Public Water

Roof Type Other

Building

Story 100.00

Foundation CBS,Concrete

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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