15

119-121 N Golfview Road

119-121 N Golfview Road, Lake Worth Beach, FL 33460

$2,200,000

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.

LISTING AGENT

Don Todorich

Sales Associate

Specializing in historic homes, waterfront homes, in areas from Jupiter, to Boca Raton.
Contact Agent

Key Features

Flooring

Carpet, Ceramic Tile, Wood

Exterior Features

Fence, Patio, Shed, Patio, Shed(s)

Utilities

Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Sewer

Public Sewer

Roof

Other

Pool

None

Foundation

Block, Frame

Heating

Central, Wall Furnace

Cooling

Central Air, Wall/Window Unit(s)

HOA

Non-Gated

The Location