500 S D Street, Lake Worth Beach, FL 33460
Lake Worth Beach, FL, 33460 · Town Of Lake Worth: Royal Poinciana
$449,000
3 bd · 1 ba · 1,350 sqft
About this home
ATTENTION WEALTH-BUILDING REAL ESTATE INVESTORS, LANDLORDS, AND DEVELOPERS! Prime residential-redevelopment opportunity in LAKE WORTH BEACH, just five blocks from Lake Ave.! Attractively priced! QUADRUPLE-LOT PROPERTY (100' X 135')! Lot 13 and Lot 14 and Lot 15 and Lot 16. Coveted, prized zoning category: MU-E (Mixed Use - East). That enables significant density to be built. Seller states 10-units are allowed (Please verify with city staff). Alternatively, split the parcel into four individual buildable lots. Presently existing on-site is a tenant occupied CONCRETE-BLOCK 3-bedroom house, boasting nearly 1,400 square feet of interior living space... It is in excellent condition. Enjoy immediate rental-income while your redevelopment plans are prepared and approved.