$1,000,000
$200K PRICE DROP

Estimated payment $6,162/month

Total Views 14,100
0.93 Acre
$1,075,269 Price per Acre
40,511 Sq Ft Lot

About This Lot

EXCELLENT OPPORTUNITY FOR SALE OR JOINT VENTURE 0.93 ACRES OF COMMERCIAL LAND IN LAKE WORTH, FL. THIS PARCEL OF LAND HAS APPROX 160' OF DIRECT FRONTAGE ON S MILITARY TRAIL WITH GREAT VISIBILITY. IT IS LOCATED IN A HEAVY TRAFFIC AREA WITH AN AADT OF 36,000 (2022 FDOT) AND JUST SOUTH OF LAKE WORTH RD, WHICH HAS AN AADT OF 43,000. FURTHERMORE, IT IS WITHIN A DEMOGRAPHICALLY DENSE AREA, AS THE 5-MILE POPULATION IS OVER 340,000. ZONED UI-URBAN INFILL, THIS PARCEL CAN ACCOMMODATE -SUBJECT TO COUNTY APPROVAL- DIFFERENT USES, SUCH AS BANKS, AUTO PARTS STORES, OTHER AUTOMOTIVE USES, DAYCARE CENTERS, URGENT MEDICAL CARE, RESTAURANTS, MEDICAL/DENTAL, RETAIL AND MORE. ALSO, THIS PARCEL IS LOCATED IN AN SBA QUALIFIED HUBZONE.

Listing Agent

Federico Rochwerger, PA

The Keyes Company License #3014927

The Keyes Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,971

Year Built

  • 1945

Lot Details

  • 0.93 Acre Lot
  • Property fronts a state road
  • Property is zoned UI-URBAN

Community Details

  • Unincorporated Palm Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424425000005010

Property Details

Property Type

Land

Est. Annual Taxes

$6,971

Year Built

1945

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: TAKE I-95 TO LAKE WORTH RD EXIT, HEADING WEST. HEAD SOUTH ON MILITARY TRAIL AND PARCEL IS ON THE EAST SIDE OF MILITARY TRAIL DOUBLE CORNER WITH VERMONT AVE AND FULLER ST
  • Special Features: VirtualTour
  • Year Built: 1945

Exterior Features

  • Road Frontage Type: County Road, State Road
  • Waterfront: No

Lot Info

  • Parcel #: 00424425000005010
  • Development Status: Raw Land
  • Lot Size Acres: 0.93
  • Lot Size: 1/2 to < 1 Acre,Public R
  • Lot Size Sq Ft: 40555.0
  • Zoning Description: UI-URBAN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6971.0

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 $7,332 $447,465 -- --
2023 $7,340 $441,785 -- --
2022 $6,971 $401,623 -- --
2021 $6,391 $365,112 $365,112 $0
2020 $6,453 $365,112 $365,112 $0
2019 $4,699 $350,913 $350,913 $0
2018 $4,239 $340,771 $340,771 $0
2017 $4,033 $324,544 $324,544 $0
2016 $2,770 $151,482 $0 $0
2015 $2,695 $142,502 $0 $0
2014 $2,929 $132,218 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $1,000,000 -9.1% --
02/16/2024 02/16/24 Price Changed $1,100,000 -8.3% --
10/10/2023 10/10/23 For Sale $1,200,000 +380.0% --
04/12/2013 04/12/13 Sold $250,000 0.0% $221 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $250,000 -- $221 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- Attorney
Warranty Deed $250,000 Harbor Land Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Purchase Money Mortgage
Previous Owner $12,400 Unknown
Source: Public Records

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Source: BeachesMLS

MLS Number: R10926339

BeachesMLS

APN: 00-42-44-25-00-000-5010