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101 Lucerne AveLake Worth, FL 33460

For Sale

$1,795,000

Smart Buyer Rebate $17,950

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.

Listed by Alexis Shapiro

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License #3346131

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ONE Commercial LLC

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954-573-4449

Last updated July 16, 2025

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Source: MIAMIRE #A11821345

Listing Facts

  • TypeMulti-family
  • NeighborhoodBryant Park
  • Days on Prevu89
  • Taxes$12,350/year
  • Size2,730 sqft
  • Price per sqft$658

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/16/2025
Price Decreased
$1,795,000
06/12/2025
Listed by ONE Commercial LLC
$1,850,000

Property Details for 101 Lucerne Ave

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Flat Tile
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1945
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: LAKE WORTH TOWN OF
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 3,277
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 38434421155130050
  • Tax Annual Amount: $12,350.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Terrazzo, Tile, Vinyl, Wood

Measurements

  • Living Area: 2,730
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: LAKE WORTH TOWN OF

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Window/Wall
  • Has Heating: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.