101 Lucerne Ave, Lake Worth, FL 33460

Local realty services provided by:ERA South Dade Realty
101 Lucerne Ave,Lake Worth, FL 33460
$1,795,000
  • - Beds
  • - Baths
  • 2,730 sq. ft.
  • Multi-family
  • Active
Listed by:alexis shapiro
Office:one commercial llc.
MLS#:A11821345
Source:SEFMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$547.76

About this home

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.

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Home facts

  • Year built:1945
  • Listing ID #:A11821345
  • Updated:September 21, 2025 at 07:53 PM

Rooms and interior

  • Living area:2,730 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1945
  • Building area:2,730 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$547.76
  • Tax amount:$12,350 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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