Mil Lake Estates

Mil Lake Estates is located in Lake Worth Homes
Opportunity for occupant/ builder/ investor to convert to multifamily for highest and best use. RM (Medium Density Multifamily) zoning on a nearly 9,000 sq ft lot in established multifamily neighborhood just off Haverhill Rd in the Greenacres/Lake Worth area. Existing single-family residence currently generates $2,175/month, providing holding income while future redevelopment or expansion plans are explored (buyer to verify zoning, density, and use). Property is fully fenced w/ circular driveway; features a new roof, newer HVAC, updated, fresh paint, move in/ rentable condition, reducing near-term capital expense. Ideal for investors seeking income now with long-term upside, or owner-occupants planning to live now and build later. Strategic asset offering flexibility, potential cash flow.

Details

Mil Lake Estates
676.00 SF
< 1/4 Acre,West of US-1,Paved Road
0.00
Concrete,Tile,Ceramic Tile

Rooms

Bedroom
Master Bath
  • Separate Shower
Dining
  • Dining-Living

Additional Rooms

  • Storage

Interior Features

  • Entry Lvl Lvng Area

Exterior Features

  • Fence
  • Open Patio

Subdivision Information

  • Mil Lake Estates

Property Tax Information

$3,121
2024
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