About 101 Lucerne Ave
The Lucerne is a 5-unit Art Deco property featuring 4 studio apartments and a detached 2BD/2BA single-family home, offering privacy and flexibility for personal use or premium STR. Located just minutes from Palm Beach beaches, golf courses, downtown Lake Ave shops and dining, and the iconic Gulfstream Hotel, which is undergoing a $100M+ renovation expected to transform the area’s hospitality market. Zoned Downtown Commercial, this well-maintained property has zero deferred maintenance and all tenants on month-to-month leases, allowing for immediate repositioning. With strong income potential, value-add upside through interior upgrades, and versatile configurations for investors or owner-users, The Lucerne is a rare, high-demand opportunity in a booming market.
Residential Income property for sale in Lake Worth, FL at 101 Lucerne Ave. This Residential Income property is priced at $658/sqft
Features of 101 Lucerne Ave
| MLS® # | A11821345 |
|---|---|
| Price | $1,795,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,730 |
| Acres | 0.00 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information: Lake Worth
| Address | 101 Lucerne Ave |
|---|---|
| Area | 5600 |
| Subdivision | LAKE WORTH TOWN OF |
| City | Lake Worth |
| County | Palm Beach |
| State | FL |
| Zip Code | 33460-3913 |
Amenities of 101 Lucerne Ave
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior of 101 Lucerne Ave
| Interior | Hardwood, Tile, Vinyl, Wood, Terrazzo |
|---|---|
| Heating | Wall Furnace |
| Cooling | Central Air, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior of 101 Lucerne Ave
| Roof | Flat, Tile |
|---|---|
| Construction | Block |
Additional Information On 101 Lucerne Ave
| Listing Courtesy of | ONE Commercial LLC |
|---|---|
| Date Listed | June 12th, 2025 |
Listing Details
| Office | ONE Commercial LLC |
|---|