Charming 1/1 Condo in Old Lucerne Historic District - Steps from the Beach!Don't miss this incredible investment opportunity in the heart of downtown Lake Worth! This first-floor 1-bedroom, 1-bathroom condo is located in the Old Lucerne Historic District, just minutes from the beach and surrounded by the best of Florida's outdoor lifestyle. CASH ONLY.Location, Location, Location!-Steps from Snook Islands Natural Area, Bryant Park, and Lake Worth Lagoon - Perfect for kayaking, paddle boarding, fishing, and golfing at the nearby Lake Worth Municipal Golf Course.- Less than 1 mile to the beach!- Prime investment property - This unit (Unit 5) is to be sold together with Unit 6 (second floor).Total price of both unit is $335, 000 both units are currently rented at $1, 600/month each, Both unit generates total income of $3, 200/month making this an excellent income-producing opportunity. Property Features: Newer roof (2019) Tankless water heater (2019) Bathroom remodeled (2019) Low condo fee - $167/month or $1, 000 bi-annually (Includes water, sewer, and trash) New railing will be installed soon and will be paid by the owner before closing. Serious inquiries only - Proof of funds required. Showings available at inspection appointment only. This is a rarely available opportunity to own in this highly sought-after area. Act now before it's gone!
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
- Primary Bedroom Level: M
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Primary Bathroom Features: Separate Shower
Interior Features
- Entry Lvl Lvng Area
- Furnished Description: Unfurnished
- Flooring: Tile
Appliances
- Dryer
- Range - Electric
- Refrigerator
- Washer
- Water Heater - Gas
Heating and Cooling
- Cooling Features: Wall-Win A/C
- Heating Features: No Heat
Kitchen and Dining
Other Rooms
Land Info
- Lot Description: < 1/4 Acre
- Lot Size Acres: 0.1550275
- Lot Size Square Feet: 6753
Garage and Parking
- Parking Features: Driveway, Street
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 167
- Association Fee Amenities: Sewer, Trash Removal, Water
- Calculated Total Monthly Association Fees: 167
- Association Name: Mandatory
- Pets Allowed: Yes
- Pet Description: Size Limit
Multi-Unit Info
Rental Info
Other Property Info
- Annual Tax Amount: 2622.00
- Source Listing Status: Active
- County: Palm Beach
- Directions: North on Federal Hwy, turn right one block past Lucerne on 2nd Ave N. East to N Lakeside Drive, Turn Right on N Lakeside to property on right. Bldg is on West side of the block near alley.
- Tax Year: 2024
- Restrictions: Lease OK
- Source Property Type: Residential
- Area: 5600
- Property Subtype: condo
- Source Neighborhood: NORTH LAKESIDE CONDO
- Subdivision: NORTH LAKESIDE CONDO
- Zoning: MF-20
- Property Subtype: Condo/Coop
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 503
- Year Built: 1925
- Direction Faces: East
- Entry Level: 1
- Living Area Source: Tax Rolls
- Property Age: 100
- Property Condition: Resale
- Levels or Stories: 2.00
- House Style: < 4 Floors, Other Arch
- Total Area Sqft: 503
- Year Built Details: Resale
Utilities