Lake Worth, Florida 33460, United States

MLS#: A11611108

$2,250,000 USD

Listed By CBRE, Inc.

The Commercial for Sale located at Lake Worth Florida 33460 with Total Parking is currently for Sale, Lake Worth Florida 33460 is listed for $2,250,000. If the property located at Lake Worth Florida 33460 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Lake Worth .

The details

Property features

Date Updated: Jul 17, 2024

Key features

Total Parking

Construction details

Year built
1990

Description

Casa Loma is an excellent 2-story concrete block boutique apartment building with 14 units in Lake Worth Beach. Built in 1990, the property has been recently renovated with a brand-new roof, impact windows and doors, new signage, security cameras, and more. All unit interiors have been renovated with stainless steel appliances, granite countertops, porcelain flooring, window blinds, and modern kitchen cabinets. In addition, current ownership has recently installed 12 new Mitsubishi mini-split AC units in 12 of the units.
The property provides a new owner the flexibility to operate short-term or long-term leases as it comes with a transient license. The property has been historically operating at or near 100% occupancies with effective rents of $1,678 per unit.

Location

Lake Worth, Florida 33460, United States
map image
Courtesy of Periklis Synanidis CBRE, Inc.