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1914 N Dixie Hwy
Lake Worth, FL 33460
Retail Property For Sale
Investment Highlights
- Retail lease in place is significantly below market, presenting an opportunity to increase rents by up to 50% upon turnover or renewal.
- Both the two-bedroom, one-bath and studio apartment units have been recently renovated, providing attractive housing options and stable income.
- Positioned along a highly visible corridor of North Dixie Hwy with over 20,300 vehicles passing daily, the property benefits from excellent exposure
- The retail space was recently re-leased with no downtime, demonstrating strong demand and ease of backfilling.
- Ownership has invested substantially in the property, including a new roof, hurricane-impact windows, exterior stucco, and upgraded LED lighting
- Located in a thriving neighborhood with an average household income of $91,467 within a one-mile radius, supporting both retail and residential demand
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,612 SF
Building Class
C
Year Built/Renovated
1952/2000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.11 AC
Zoning
Mu-Dixie - Industrial / Commercial
Parking
6 Spaces (1.48 Spaces per 1,000 SF Leased)
Frontage
45’ on Dixie Hwy
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 38-43-44-15-07-000-8230 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $643,531 |
Property Taxes
Parcel Number
38-43-44-15-07-000-8230
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$643,531
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