Waterfront - Golf Course
Address
119-121 N Golfview Road Lake Worth Beach, FL
Price
$ 2,300,000
Property Attributes
  • MLS#RX-10695695
  • TypePending
  • CountyPALM BEACH
  • CityLake Worth Beach
  • Area5600
  • NeighborhoodLake Worth Beach
  • Zip33460
  • StyleQuad Plex
  • Year Built1925
  • Taxes27602
  • Price$ 2,300,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5092
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
The Corcoran Group
Data Source:
Beaches MLS
Property Description

The Parrot Cove Inn located across from the Intracoastal Waterway and the Bridge to Lake Worth Beach. 10 units on a 20,250 sq. ft. lot with 150 ft. of frontage and 135 ft. deep. The entire property is not historic and can be demolished to build new up to 45 ft. under current codes. The Zoning is Downtown Zoning with no restrictions except the height and density. Currently the Inn is a long term rental property with 10 units, interior parking and a laundry room. There are 2 two bedroom units, 5 one bedroom units, and 3 studios apartments. The current rent roles are between $12K and $14K a month depending on vacancies. Previously and the highest and best use wold be short term Vacation Rentals. Proximity to downtown, the Beach and all of the local restaurants.All new roofs & impact glass.

Price History
2/27/2021 Listed $2,300,000

General Features

Adult 55+ No Hopa
Area 5600
Auction No
Construction CBS, Frame, Mixed
Contingent Pending
Cooling Central, Wall-Win A/C
Development Name Parrrot Cove Inn
Exterior Features Exterior W/D Hookup, Fence, Open Patio, Shed
Flooring Carpet, Ceramic Tile, Wood Floor
Geo Area PB16
Geo Lat 26.617075
Geo Lon -80.04872
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Central, Window/Wall
Legal Description TOWN OF LAKE WORTH LTS 11 TO 13 INC BLK 34
Possession At Closing
Property Type B
REO No
Restrict None
Roof Mixed
Short Sale No
Source Of Expenses Owner
Status Pending
Stories 2.0
Subdivision Lake Worth Beach
Tax Year 2020
Taxes 27602.60
Tenant Pays None
Terms Considered Cash
Type Quad Plex
Utilities Cable, Electric, Gas Natural, Public Sewer, Public Water
View Golf, Intracoastal
Virtual Tour https://www.propertypanorama.com/119121-N-Golfview-Road-Lake-Worth-Beach-FL-33460/unbranded
Waterfront Intracoastal
Waterfront Yes
Year Built 1925
Zoning MF-20(

Interior Features

SqFt - Living 5092.00
Total # Of Units 10
Unit 1 Desc A/C Unit, Electric Meter, Microwave, Range - Electric, Refrigerator, Walk-in Closets
Unit 2 Desc A/C Unit, Microwave, Range - Electric, Refrigerator, Smoke Detector
Unit 2 Info Efficiency
Window Treatments Blinds

Exterior Features

Boat Services Ramp
Carport Spaces 0.00
Lot Description 1/4 to 1/2 Acre
Lot Dimensions 150.0 ft x 135.0 ft
Number of Garage Spaces 1.00
Private Pool Y/N No
Subdiv Amenities Bike - Jog, Boating, Common Laundry, Golf Course, Pool
Unit 1 Parking Space Parking
Unit 2 Parking Space Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33460

Price
AVG $340K
$2.3M
Taxes
AVG $4,600
$27,602
Visits
AVG 78
29
Year Built
AVG 1960
1925