The Lucerne is a 5-unit Art Deco property featuring 4 studio apartments and a detached 2BD/2BA single-family home, offering privacy and flexibility for personal use or premium STR. Located just minutes from Palm Beach beaches, golf courses, downtown Lake Ave shops and dining, and the iconic Gulfstream Hotel, which is undergoing a $100M+ renovation expected to transform the area’s hospitality market. Zoned Downtown Commercial, this well-maintained property has zero deferred maintenance and all tenants on month-to-month leases, allowing for immediate repositioning. With strong income potential, value-add upside through interior upgrades, and versatile configurations for investors or owner-users, The Lucerne is a rare, high-demand opportunity in a booming market.
For sale
$1,850,000
101 Lucerne Ave, Lake Worth, FL 33460
3beds
3baths
2,730sqft
Est.:
Quadruplex
Built in 1945
-- sqft lot
$-- Zestimate®
$678/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 148 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 02:04pm
Listed by:
Alexis Shapiro 954-573-4449,
ONE Commercial LLC
Source: MIAMI,MLS#: A11821345
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Window/Wall
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Flooring: Terrazzo, Tile, Vinyl, Wood
Interior area
- Total structure area: 3,277
- Total interior livable area: 2,730 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 38434421155130050
- Zoning: DT (city
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Flat Tile
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Lake Worth Town Of
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Price per square foot: $678/sqft
- Annual tax amount: $12,350
- Date on market: 6/12/2025
- Listing terms: All Cash,Conventional,Owner Will Carry
- Loading
- Loading