$1,850,000
$2M PRICE INCREASE

101 Lucerne Ave Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated payment $11,335/month

Total Views 1,775
-- Bed
-- Bath
2,730 Sq Ft
$678 Price per Sq Ft

Highlights

  • No HOA
  • Terrazzo Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • 4-minute walk to Bryant Park

About This Home

The Lucerne, five units currently operating as Extended stay/monthly rentals boasting Art Deco styling, is located in the heart of downtown Lake Worth Beach, Florida is comprised of four tastefully decorated studios that are located in a two-story structure with a cozy lobby, and a spacious 2 bedroom 2 bath cottage that is located within a second detached structure. The property has been maticulously mantained and updated throughout ownership. The Lucerne is within a stones throw away from new development including the Gulfstream Hotel, walkability to beaches, restaurants and the golf course. This is a unique opportunity to buy this historic Art deco trophy property in one of South floridas most desireable locations by Palm Beach.
SEE ATTACHMENTS FOR OFFERING PACKAGE

Listing Agent

Alexis Shapiro

ONE Commercial LLC License #3346131

ONE Commercial LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,350

Year Built

  • Built in 1945

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof with Façade front

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Terrazzo
  • Ceramic Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Lake Worth Town Of Condos
  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421155130050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,350

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1945
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: Lucerne Avenue on the South Side of the Street. From 95 take 6th ave S or 10th ave
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAKE WORTH TOWN OF
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Terrazzo, Vinyl
  • Living Area: 2730
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421155130050
  • Zoning: DT (city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12350

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,351 $421,916 -- --
2023 $10,828 $383,560 $193,804 $189,756
2022 $9,561 $321,186 $0 $0
2021 $9,009 $291,987 $158,211 $133,776
2020 $8,779 $280,508 $158,211 $122,297
2019 $8,585 $272,958 $150,661 $122,297
2018 $7,845 $246,514 $146,280 $100,234
2017 $7,718 $239,570 $139,336 $100,234
2016 $7,495 $232,964 $0 $0
2015 $7,488 $226,628 $0 $0
2014 $7,227 $212,412 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $1,850,000 +900.0% $678 / Sq Ft
02/27/2025 02/27/25 For Sale $185,000 -- $68 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,450,000 --
Interfamily Deed Transfer -- None Available
Warranty Deed $540,000 Flagler Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $432,000 Purchase Money Mortgage
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11753404

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-513-0050

Florida Palm Beach County Lake Worth 33460 Parrot Cove

101 Lucerne Ave, Lake Worth, FL

Homes for Sale in Lake Worth, FL

This home is located at 101 Lucerne Ave, Lake Worth, FL 33460 and is currently priced at $1,850,000, approximately $677 per square foot. This property was built in 1945. 101 Lucerne Ave is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Alexis Shapiro
Listing Agent
Alexis Shapiro
Section Image
ONE Commercial LLC
(954) 573-4449