Lake Worth Beach, FL 33460,301 N Dixie Hwy
Lake Worth Beach, FL 33460,301 N Dixie Hwy
Lake Worth Beach, FL 33460,301 N Dixie Hwy
27
$2,000,000
$2,500,000
20.0%
Est.Price: ?

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0.35 Acres Lot

301 N Dixie Hwy Lake Worth Beach, FL 33460

Est. payment /mo
SOLD DATE : 09/10/2024

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Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID F10434730

Sold Date 09/10/24

HOA Y/N No

Total Fin. Sqft 15246

Year Built 1968

Tax Year 2023

Lot Size 0.349 Acres

Property Description

Situated on a generous .35-acre lot, this property features a spacious freestanding building 3,464 square feet, currently a restaurant. Lease is set to expire April 2025.

Strategically located on Dixie Hwy, the property boasts excellent visibility with approximately 22,500 daily vehicle impressions. Convenient access is provided entry point between 6th and 10th Ave, intersecting with US-1 just to the south.

The surrounding area is characterized by a vibrant commercial landscape, with prominent neighbors including a Publix and Burger King. Research shows that residents of this area frequently visit Quick Service Restaurants as they cater to their preferences. Investors with QSR contacts can explore net ground lease opportunities, providing flexibility in maximizing returns.

Location

State FL

County Palm Beach County

Area Palm Beach 5600; 5610; 5620; 5630; 5640

Zoning MU-DH (city)

Exterior

Water Access N

Private Pool No

Others

Pets Allowed No

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Total R E Consultants Inc
Bought with KW Reserve Business Brokerage LLC

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Linda O'Hara

Linda's Team | License ID: CT: 63231 & FL: 3458431

+1(860) 209-7044

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