USD 2,900,000

231 S Palmway
Lake Worth, Florida 33460

Beds
Baths 0

Property Description

The Wedgewood poses an incredible opportunity to purchase a unique oasis in the heart of downtown Lake Worth Beach, Florida. The Wedgewood is comprised of eight private villas and a bonus income-producing studio unit, on two parcels, located just two blocks from Lake Avenue and a short mile from the beautiful beaches. It is more fitting to call the units villas, rather than apartments, as they feel like spacious homes, offering dual entrances with private gardens. The property offers a true value-add opportunity to increase rents to market. Additionally, the footprint and location are ideal for vacation rentals.
PLEASE DO NOT ENTER THE PROPERTY AND DISTURB TENANTS WITHOUT LISITING AGENT PRESENT. GO TO LINKS TO VIEW OM WITH CURRENT AND PRO FORMA FINANCIALS

Listed by ONE Commercial LLC

Property Details

ID #
A11253339
Status
Sale
Type
House, Residential, Duplex, Triplex
Zip Code
33460
Building Area
7,251ft2
Year Built
1947
Parking Spaces
9
Building Feature
Air Conditioning, Cable Tv
Septic
City sewer
Boat Services
Community Marina, Community Ramp
Construction
Concrete Block Construction
Cooling
Ceiling Fans
Floor
Tile Floors, Wood Floors
Lot
1/4 To Less Than 1/2 Acre Lot
Occupancy
Tenant Occupied
Roof
Flat Tile Roof
Utilities
Internet
Zoning Information
MF-20 (c
Exterior Features
Exterior Lights, Extra Building/Shed, Fence, Laundry Facility, Patio
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

Similar Listings