101 Lucerne Ave
Lake Worth, FL 33460
Map
- – beds
- – baths
- 2,730 sqft
- $677 per sqft
- 1945 build
- – on site
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.
Last checked:
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Last updated Jun 12, 2025
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MLS# A11821345 —
The Building
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Year Built:1945
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Year Built Details:Resale
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Construction Materials:Block
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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Roof:Flat, Tile
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Building Area Total:3277.0
Interior
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Flooring:Hardwood, Terrazzo, Tile, Vinyl, Wood
Room Dimensions
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Living Area:2730.0
Financial & Terms
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Possession:CloseOfEscrow
The Property
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Parcel Number:38434421155130050
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:DT (city
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Lot Features:LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (954) 573-4449
- Office phone:
- (305) 666-0562
Taxes
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Tax Year:2024
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Tax Annual Amount:$12,350
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Tax Legal Description:TOWN OF LAKE WORTH LT 5 BLK P
The Listing
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Virtual Tour Unbranded:
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Rent Includes:Electricity,Gardener,HotWater,PestControl,Sewer,Water
Heating & Cooling
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Heating:WallFurnace
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Heating:true
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Cooling:CentralAir, WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Lake Worth Town Of
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Pool Features:None
Parking
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Parking Total:5.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/12/25
Jun 12, 2025
|
Listed / Active | MLSM | $1,850,000 | |
|
2/27/25
Feb 27, 2025
|
Price Changed | MLSM | ||
|
2/27/25
Feb 27, 2025
|
Listed / Active | MLSM |
