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    523 N Dixie Highway

    Lake Worth Beach, FL 33460
    • $395,000
    • STATUS: Active
    • ON SITE: 219 days
    • ID#: RX-10658760
    UPDATED: 23 min ago
    $395,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,360
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Sold as a package deal with 527 N Dixie and 526 N H St. for $849k. Excellent opportunity to own a unique property with flexible zoning in a redeveloping area. Buildings have been fully renovated. Currently being built out as office but can easily be converted to apartments. Zoning allows almost anything except medical. Includes fully renovated bar at 527 Dixie Hwy and vacant lot at 526 H St. Property sold as-is. Owner financing possible.

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    www.daltonwadesouthflorida.com/homes/110472640
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    523 N Dixie Highway Lake Worth Beach, FL 33460

    • Price: $395,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: RX-10658760
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,360
    SQFT
    $290
    $/SQFT
    1930
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    Sold as a package deal with 527 N Dixie and 526 N H St. for $849k. Excellent opportunity to own a unique property with flexible zoning in a redeveloping area. Buildings have been fully renovated. Currently being built out as office but can easily be converted to apartments. Zoning allows almost anything except medical. Includes fully renovated bar at 527 Dixie Hwy and vacant lot at 526 H St. Property sold as-is. Owner financing possible.
    Exterior Features

    Carport Spaces 2.00 Construction CbsFrame Exterior Features DeckOpen Porch Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Carport - AttachedSpace Parking Unit2 Parking Carport - AttachedSpace Parking Unit3 Parking Carport - AttachedOpen ParkingSpace Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Flooring TileWood Floor Heating Central Unit1 Bedrooms 1 Unit1 Desc French DoorsKitchenPatio Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 700 Unit2 Bedrooms 1 Unit2 Desc Kitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 700 Unit3 Desc KitchenPatioRefrigeratorW/D Hookup Unit3 Full Baths 1 Unit3 Furnished Partial Unit3 Sq Ft 850 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 62448.00 Annual Total Expenses 10200.00 Available Info Investment Analysis Built Desc Resale Contingents 3rd Party Approval Gross Operating Income 72648.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses BooksOwnerProforma Sq Ft Total 1968.00 Subdivision Amenities Business Center Tax Amount 5022.79 Tax Year 2020 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventionalOwner Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Hic-1(

    Listing provided courtesy of Sycamore Realty & Investments. Listing information © 2021 BeachesMLS
     
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    Dalton Wade
    Station House 260 1st Avenue South, 5th floor
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