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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
3,314
An exceptional opportunity to acquire a well positioned, two story office and retail investment property along the highly traveled S Dixie Highway corridor in Lake Worth Beach, Florida. The property features a versatile mix of professional office suites and retail space, complemented by on site parking, prominent street frontage, and excellent accessibility to Downtown Lake Worth Beach and surrounding commercial districts. A key investment advantage is the property's existing lease structure, with all tenants operating under one-year leases at rental rates currently below market. This provides an incoming investor with significant flexibility and the opportunity to capitalize on rental upside through strategic lease renewals, rent adjustments, and potential property improvements. The smaller suite configurations also appeal to a broad range of professional and service-oriented tenants, supporting diversified tenancy and long-term leasing demand. Strategically situated just south of Lake Avenue, the property benefits from its central location, strong visibility, and proximity to established residential neighborhoods, local businesses, and major transportation routes. With below market rents, short term lease commitments, and multiple avenues for income growth, 407 S Dixie Highway presents a compelling value -add investment opportunity in the heart of Lake Worth Beach.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(square feet)
13,145
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$2,000,000
-
Tax Amount
$16,142
-
Financing Options
Cash, Conventional
-
Zoning
MU-DH (c
-
Sq. Footage
3,314
-
Price/SqFt
$603
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Zachariah Statlander, ONE Commercial LLC
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Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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