Lake Worth, FL 33460

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Presented By: This listing is courtesy of CBRE, Inc.;
  • MLS# A11611108
  • 06/20/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 5,286

Home Details

Casa Loma is an excellent 2-story concrete block boutique apartment building with 14 units in Lake Worth Beach. Built in 1990, the property has been recently renovated with a brand-new roof, impact windows and doors, new signage, security cameras, and more. All unit interiors have been renovated with stainless steel appliances, granite countertops, porcelain flooring, window blinds, and modern kitchen cabinets. In addition, current ownership has recently installed 12 new Mitsubishi mini-split AC units in 12 of the units. The property provides a new owner the flexibility to operate short-term or long-term leases as it comes with a transient license. The property has been historically operating at or near 100% occupancies with effective rents of $1,678 per unit.
Presented By: This listing is courtesy of CBRE, Inc.;

Interior Features for

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLake Worth
Construction MaterialsBlock
CountyPalm Beach
Days on Market4
Electric On Property Y/NNo
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLAKE WORTH TOWN OF ADD 1 LTS 9 & 10 BLK 48
LevelsTwo
Lot Size Square Feet13425.0
Lot Size UnitsSquareFeet
MLS Area5640
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal14
Occupancy TypeCallAgent
PostalCityLake Worth
Private PoolNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Structure TypeApartment, HotelMotel
Tax Annual Amount22680.0
TermsCash, Conventional
Unit Number1
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1990
Zoning DescriptionMU-FH (c

Exterior for

Building Area Total5286.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area13425.0
Number of Buildings1
Number of Separate Electric Meters1
Open Parking Y/NNo
Road Frontage TypeCityStreet
SpaNo
Total Parking15.0

Additional Details

Price History

Worth Clark

Price $2,250,000
MLS#A11611108
List Date 06/20/2024
Property Type Commercial
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