About this home
Prime commercial investment or owner-user opportunity located on highly visible Lake Worth Road. Zoned Commercial General (CG), this versatile property offers flexibility for a variety of commercial uses including professional office, retail, service-based businesses, and other permitted uses. The existing building has been well maintained and is suitable for immediate occupancy, while the zoning provides potential future opportunities for expansion or redevelopment, subject to municipal approval. Excellent frontage, ample parking, and convenient access to major roadways make this an attractive option for investors and business owners alike. Rare opportunity to acquire a standalone commercial property in a well-established Palm Beach County location. Buyer to independently verify zoning, permitted uses, and future development potential.
Listing last checked: Listing updated:
Listed by Krystle Lynne Rea, Krystle Lorson · Luxe Key Realty Group, LLC · MLS #B26038489
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Tile
Building5 property facts
- Style
- Mixed Use
- Year built
- 1981
- Parking
- 12
- Foundation
- Slab
- Roof
- Composition
Land & utilities4 property facts
- Lot size
- 0.28 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- CG (city)
Financial2 property facts
- Annual taxes
- $2,645
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $850,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,519 / monthAdjust
- Principal & interest
- $4,298
- Property tax
- $220
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,645. 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.
Price and status timeline
- Ter
$950,000 · May 13, 2024
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About 2935 Lake Worth Road
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