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 demand drivers.
Property Details
Price:
$2,980,000
MLS #:
A12001661
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
May 2, 2026
Total Sq Ft:
9,320
Lot Size:
13,505 sqft / 0.31 acres (approx)
Year Built:
1974
See this Listing
Schools
Interior
Cooling
Central Individual A/C
Heating
Central Individual A/C
Exterior
Construction Materials
Concrete Block Construction
Roof
Built-Up
Stories
2
Financial
Tax Year
2025
Taxes
$52,941
Map
Community
- Address202 Lucerne Ave # 14 Lake Worth FL
- CityLake Worth
- CountyPalm Beach County
- Zip Code33460
Subdivisions in Lake Worth
Market Summary
Current real estate data for Commercial in Lake Worth as of May 04, 2026
2
Commercial Listed
165
Avg DOM
$21,489,995
Avg List Price
Property Summary
- 202 Lucerne Ave # 14 Lake Worth FL is a Commercial for sale in Lake Worth, FL, 33460. It is listed for $2,980,000 To schedule a showing of MLS#a12001661 at 202 Lucerne Ave # 14 in Lake Worth, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby

202 Lucerne Ave # 14
Lake Worth, FL

Recent Comments