Description
One or more photo(s) has been virtually staged. Seller reserves the right to accept an offer prior to the deadline.Rare value-add opportunity in one of Lake Worth Beach's rapidly improving areas, just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the Atlantic Ocean. Priced aggressively, this property offers exceptional upside for investors or savvy buyers looking to renovate and add value in a location where redevelopment, renovation activity, and continued investment are reshaping the surrounding neighborhoods.Situated on a residential street, the property sits on a lot of approximately 6,700+ square feet (per public record) and offers approximately 1,400+ square feet of living space (per public record) across flexible interior layouts. The home is currently livable but in rough condition and would benefit from a full renovation, including flooring, interior paint, kitchen and bathroom updates, and general cosmetic improvements.The interior offers functional living areas that can be reimagined through renovation. Kitchens and bathrooms are basic and dated, creating a strong opportunity for a buyer to modernize the property and unlock additional value. With the right updates, the home has potential to become an attractive primary residence or long-term rental property in a market that continues to see strong demand.The property is currently tenant occupied with a lease in place through 10/01, providing immediate rental income while offering flexibility for future plans. Buyers should verify lease terms and tenant details during the inspection period.Parking is available via a private driveway, and the lot offers additional outdoor space that could be enhanced as part of a renovation.Major system ages including roof, HVAC, and water heater are unknown, and buyers should verify the condition of all systems during their inspection period. Property is being sold as-is.Lake Worth Beach continues to attract buyers due to its coastal location, walkable downtown district, historic charm, arts and cultural scene, and proximity to West Palm Beach and Palm Beach Island. Ongoing public and private investment throughout the area-including downtown revitalization projects, new residential developments, and continued renovation of older homes-is contributing to increased demand and neighborhood improvements.The property also benefits from convenient access to I-95, major employment centers, shopping, dining, parks, and the Lake Worth Beach waterfront, making the area appealing to both homeowners and renters seeking South Florida coastal living at a more attainable price point.With no HOA and no rental restrictions (buyer to verify), the property offers flexibility for investors, renovators, or buyers looking to customize a home in a location that continues to see strong interest and redevelopment.Opportunities to acquire properties with significant renovation potential and aggressive pricing in this part of Lake Worth Beach are becoming increasingly difficult to find.Seller is requesting highest and best offers by 03/20/2026. Serious buyers should act quickly.
Property Features
Annual Net Income: 51600.00
Days on Site: 8
Directions: Head north on I-95 NTake exit 63 for 6th Avenue SSlight right onto the ramp to Lake WorthTurn right onto 6th Ave STurn right onto S C St
Exterior: Wood Siding
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Before Showing
Special Sale Provisions: None
Units: 2
Utilities: Public
Water: Well
Water Access Y/N: No
Zoning: MU-E