Interior
- Bathrooms
- 0
Active · MixedUse
$850,000
2935 Lake Worth Road, Palm Springs, FL 33461
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1981
- Lot size
- 12,127 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Prime commercial investment or owner-user opportunity located on highly visible Lake Worth Road. Zoned Commercial General (CG), this versatile property offers flexibility for a variety of commercial uses including professional office, retail, service-based businesses, and other permitted uses. The existing building has been well maintained and is suitable for immediate occupancy, while the zoning provides potential future opportunities for expansion or redevelopment, subject to municipal approval. Excellent frontage, ample parking, and convenient access to major roadways make this an attractive option for investors and business owners alike. Rare opportunity to acquire a standalone commercial property in a well-established Palm Beach County location. Buyer to independently verify zoning, permitted uses, and future development potential.
Property location
Get Directions2935 Lake Worth Road, Palm Springs, FL 33461
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1981
- Lot size
- 12,127 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- B26038489
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,664
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $4,029/mo
- Down payment
- $212,500
- Loan amount
- $637,500
- Annual NOI
- $28,390
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.