About this home
Rare opportunity to own an income-producing mixed-use property in the heart of Downtown Lake Worth Beach! Just steps from the city's vibrant restaurants, shops, entertainment, arts and nightlife, this property offers exceptional flexibility and significant upside potential. The building features 8 total spaces, including an approximately 2,000 SF salon space plus 7 individual suites. Current rents are well below potential market rates, creating an attractive value-add opportunity for an investor or owner-user looking to increase income over time. Downtown zoning provides flexibility for a variety of potential commercial uses, while the highly walkable location benefits from strong visibility, year-round events and continued investment throughout the downtown district.
Listing last checked: Listing updated:
Listed by Jordan Sorman · Signature International Real E · MLS #B26085483
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Carpet, Ceramic Tile
Building4 property facts
- Style
- Mixed Use
- Year built
- 1948
- Parking
- 20
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 0.11 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- DT (city)
Financial2 property facts
- Annual taxes
- $13,715
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,495,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,702 / monthAdjust
- Principal & interest
- $7,560
- Property tax
- $1,143
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,715. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 11 N J Street #8
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Request a tour of 11 N J Street #8 and a Bean Group agent will help coordinate an available time with the listing side.
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