Date
Details
Price
Change
Source
9/01/2026
Sold
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,850,000
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Property Description
Well-located 14-unit multifamily property in the heart of downtown Lake Worth Beach at 202 Lucerne Avenue. The asset consists of thirteen 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all featuring central A/C, private balconies, and ample natural light, along with an on-site laundry facility for additional income. Built in 1974 with concrete block construction and a stucco exterior, the property is currently operated as annual rentals and also holds a valuable transitory license, allowing for potential conversion to short-term rentals and increased revenue. Positioned just steps from Lake Avenue, the property offers exceptional walkability to dining, retail, and entertainment, and is located just minutes from the Intracoastal Waterway, Lake Worth Beach Park, and JFK Medical Center. Strong in-place income with clear upside through rental growth and operational improvements in a highly active and improving downtown submarket supported by ongoing redevelopment and long-term deman
Full Property Details
Full Property Details for 202 Lucerne #1-14
General
- Sold For: $2,850,000
- Taxes: $52,941 (2025)
- Status: Closed
- Type: Commercial
- Source: Martin_County
- MLS ID: A12001661
- Added to Site: 124 day(s) ago
Rental Information
- Lease/Rent Term: Other
Location
- Area: 5600 Lake Worth - East of 95
- County: Palm Beach
Community
- Community Name: 5600 Lake Worth - East of 95
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Individual
Utilities
- Water: Public
- Utility Description: Water Connected
Structural Information
- Construction: Block, Concrete
- Roof: Built-Up
- Stories/Levels: 2
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,505
- Lot Size: .31
- Lot Dimensions: 13505
- Zoning: DT (city
Financial Considerations
- Tax Amount: $52,941
- Tax Year: 2025
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: TOWN OF LAKE WORTH LTS 15 & 16 BLK 30
- Property ID: 38434421150300150
Listed and Sold by Fausto Commercial Realty Consultants Inc
Listing agent
— 202 Lucerne #1-14 —
Fausto Commercial Realty Consultants Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 202 Lucerne #1-14
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
North Grade Elementary School 824 N K St, Lake Worth Beach, FL 33460 | K-8 | 0.7 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 1 mi |
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461 | 6-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 202 Lucerne #1-14
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 880Sq. Ft.
- Single Family
- Active
- Updated 5 hours ago
- 3Beds
- 2Total Baths
- 1,152Sq. Ft.
- Single Family
- Active
- Updated 8 hours ago
- 4Beds
- 2Total Baths
- 1,316Sq. Ft.
- Condo
- Active
- Updated 5 hours ago
- 1Bed
- 1Total Bath
- 660Sq. Ft.
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- Townhouse
- Active
- Updated 30 minutes ago
- 3Beds
- 3Total Baths
- 1,540Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,528Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,298Sq. Ft.
- Single Family
- Active
- Updated 30 minutes ago
- 4Beds
- 3Total Baths
- 1,790Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,427Sq. Ft.
Sold by Claudia Aros
202 Lucerne #1-14, Lake Worth, FL 33460 (MLS# A12001661) is a Commercial property that was sold at $2,850,000 on September 01, 2026. Want to learn more about 202 Lucerne #1-14? Do you have questions about finding other Commercial real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.