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Bean Group
Offered at $2,095,000Active
beds
—
baths
0
sq ft
6,263
Built
1978

505 24th Avenue N

Lake Worth Beach, FL

About this home

Rare opportunity to acquire a four-parcel assemblage encompassing nearly an entire city block in desirable Lake Worth Beach. This unique offering includes 3 single-family homes, 1 duplex, 1 large apartment with private garage, 1 smaller apartment with a four-car garage, and 1 vacant lot. All structures were comprehensively renovated in 2015 with permits, rebuilt to the frame with new foundations, floor framing, electrical, plumbing, insulation, drywall, roofs, impact windows and doors, and hurricane clip reinforcement to current wind codes. Architectural and structural plans, certifications, and permits are available. All improvements are under termite warranty. A truly rare investment and redevelopment opportunity.

Listing last checked: Listing updated:

Listed by Cole D Leavitt · CPRE Organization Inc · MLS #B26024798

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Flooring
Ceramic Tile, Linoleum, Vinyl
Building5 property facts
Style
Mixed Use
Year built
1978
Parking
20
Foundation
Slab
Roof
Mixed
Land & utilities4 property facts
Lot size
0.9 acres
Water
Public
Sewer
Public Sewer
Zoning
Multiple
Financial2 property facts
Annual taxes
$13,764
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $2,095,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$11,740 / monthAdjust
Principal & interest
$10,593
Property tax
$1,147
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $13,764. 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 505 24th Avenue N

Can I request a private showing?

Request a tour of 505 24th Avenue N and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.