Overview
- ResidentialIncome
- 7251.0
- 1947
Description
The Wedgewood poses an incredible opportunity to purchase a unique oasis in the heart of downtown Lake Worth Beach, Florida. The Wedgewood is comprised of eight private villas and a bonus income-producing studio unit, on two parcels, located just two blocks from Lake Avenue and a short mile from the beautiful beaches. It is more fitting to call the units villas, rather than apartments, as they feel like spacious homes, offering dual entrances with private gardens. The property offers a true value-add opportunity to increase rents to market. Additionally, the footprint and location are ideal for vacation rentals.
PLEASE DO NOT ENTER THE PROPERTY AND DISTURB TENANTS WITHOUT LISITING AGENT PRESENT. GO TO LINKS TO VIEW OM WITH CURRENT AND PRO FORMA FINANCIALS
Address
Open on Google Maps- Address 231 S Palmway
- City Lake Worth
- State/county FL
- Zip/Postal Code 33460
- Area LAKE WORTH TOWN OF
- Country United States
Details
Updated on November 28, 2022 at 3:28 am- Property ID: 305963
- Price: $2,900,000
- Property Size: 7251.0 Sqft
- Year Built: 1947
- Property Type: ResidentialIncome
- Property Status: For Sale
- Living Area: 7251.0
- MLS#: A11253339
- Office Name: ONE COMMERCIAL LLC
- Agent Name: Alexis Shapiro
- MLS Status: Active
- Living Area Prefix: Sqft
Additional details
- Roof: Flat,Other,Tile
- Sewer: PublicSewer
- Cooling: CentralAir,CeilingFans
- Heating: Central
- Tax Annual: 24658
- Tax Year: 2022
- Flooring: Tile,Wood
- County: Palm Beach County
- Property SubType: Quadruplex
- Pool: None
- Community Features: LaundryFacilities
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