11 Units Multifamily - Lake Worth Beach Listing Details & Market Data

Lake Worth Beach is a coastal city of 7 square miles, located in Palm Beach County, Florida. Downtown Lake Worth Beach is the artistic soul of Palm Beach County with a historic theater and a museum, live music clubs, coffee houses, art galleries, antique malls, retail stores, and many restaurants. The City of Lake Worth Beach has adopted a variety of innovative and significant incentives to encourage private investment and to facilitate a robust, sustainable city. Density, Intensity, Height, Financial and Transfer of Development Rights are all incentives that the City has embraced to foster a healthy climate for investment and sustained economic growth. 915 S Dixie Hwy is located on S Dixie Hwy Hwy and just south of 6th Ave S, in Lake Worth Beach, FL. This property offers easy access to I-95, US-1 and Downtown Lake Worth. It is located in a dense residential area with a 5-mile radius population of about . Nearby real estate consists of a variety of residential dwellings, retail and restaurant spaces, automotive shops and much more. There is a large amount of new development of residential and commercial buildings nearby, please click on the link here to view: https://arcg.is/1rf5550The Keyes Compny is excited to present an excellent opportunity to purchase an 11-unit multi-family property in Lake Worth Beach, FL. This income producing property has excellent visibility with frontage on S Dixie Hwy, which has an AADT of 14,900 (2022 FDOT) and very easy access to I-95, US-1 and Downtown Lake Worth. Additionally, it is located in a demographically dense area with a 5-mile population just shy of. The windows, doors, ceramic tile floors, electric, kitchen cabinets & vanities, lighting fixtures, landscaping, driveway, have all been upgraded in 2004. Units are usually occupied with long term tenants on anual leases. Of the 11 units, 10 are studios and one is a 1 bedroom/1 bathroom. Zoning is Mixed Use - Dixie, which can accomodate commercial uses such as offices, eating/drinking establishments, retail, automotive and much more.