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For Sale Available Listing #81984

Commercial For Sale — $2,200,000 — 1422 Lucerne Ave, Lake Worth Beach – #81984

1422 Lucerne Ave · Entire Property · Lake Worth Beach, FL 33460
CommercialProperty type
1950Year built
Quick Unit Specs
For Sale
$2,200,000 Asking Price
— Price / SF
— Cap Rate
— NOI
65 / 278 days Days on market / avg to sell
The Space
— Sq Ft
Commercial Type
Entire Property Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
— Estimated Parking
— Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Description
Approval to expand is all set!
exciting opportunity to build 3 to 4 story additional building on lucerne. approval for 9000 additional sq feet

Frontage Traffic vs. Nearby & Palm Beach County's Busiest Roads

This property fronts Lucerne Ave, which FDOT counts at the figure below (2025).
11,000vehicles / day on Lucerne Ave (AADT)
I-950.3 mi 258,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
SR-805/Dixie Hwy0.4 mi 20,500
◆ Lucerne Ave 11,000
Lake Ave360 ft 9,000
N A St0.1 mi 7,400
This property Nearest FDOT-counted roads (distance) County's busiest roads (approx. peak) Vehicles per day (AADT)
This frontage carries about 4% of I‑95's volume — lighter neighborhood traffic.
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Neighborhood Demographics · Census Tract 004402

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
4,852
Population
$45,962
Median Household Income
36
Median Age
1,652
Households
$232,200
Median Home Value
Household Income of 1,652 households
<$50k935 57%
$50–100k453 27%
$100–150k157 10%
$150k+107 6%
Age of 4,852 residents
Under 181,144 24%
18–341,182 24%
35–541,539 32%
55–64369 8%
65+618 13%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
24,381
population
8,989 households
$68,464 avg income
3 Miles
114,207
population
41,213 households
$96,456 avg income
5 Miles
273,715
population
96,838 households
$89,962 avg income
Street View Click to load · then drag to look around
Asking Price
$2,200,000
Listing Courtesy of David L Rizzo
DR
David Rizzo
David L Rizzo
Inquire about this property
Key highlights
  • Approval in hand
  • 8000 plus mixed use approved plus 2 existing remodeled buildings stay
  • Cash flow
Appraiser Data
Parcel Control No.38434421150060280
MunicipalityLake Worth Beach
Assessed Value$345,316
Land Value$136,500
Improvement Value$98,130
Legal Description
LAKE WORTH TOWN OF
Sale History
Sale 1$10 · 11/2024
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 7.3 mi 13 min drive
Ft. Lauderdale (FLL) 37.9 mi
Miami Intl (MIA) 58.4 mi
⚓ Seaports
Port of Palm Beach 10.7 mi
Port Everglades 36.3 mi
PortMiami 58.4 mi
Building Specifications
CityLake Worth Beach, FL
ZIP Code33460
Zoningcommercial/ residential - mixed use
Year Built1950
Total Building SF800 SF
Land Area13,000 SF
Lot Size0.30 AC
ConstructionSTUCCO ON MASON
Floor Area Ratio0.062
Walk Score70/100