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$600,000
GROVELAND PARK
Explore the area: Lake Worth Beach homes for sale · Palm Beach County real estate
$3,153 /mo
Principal and interest only, based on $120,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateRare opportunity to acquire an oversized 0.62-acre residential parcel east of I-95 in Lake Worth Beach, surrounded by substantially smaller lots. The property currently features a main residence configured as a duplex, a separate rear cottage/mother-in-law suite, offering multiple income streams and significant upside. The owner occupies one front unit, while the other rents for $1,400/month and the cottage rents for $1,000/month. Investors can explore renovating the existing structures and increasing rents, repositioning the property for a fix-and-flip strategy, or evaluating the potential to redevelop the oversized parcel into a larger single-family residence, subject to zoning and approvals. Excellent location near downtown Lake Worth Beach, beaches, parks, dining & cultural attractions A unique land-value opportunity with multiple potential exit strategies with many fruit trees and a man-made vegetable garden.
Virtual TourAbout the Area
Browse Lake Worth Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Lake Worth Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Lake Worth Beach listings below. Then connect with a Pure Equity Realty agent to schedule a private showing.
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Listing courtesy of Keller Williams Realty/P B
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$600,000
Contact us to schedule a showing or ask a question.
Listed by Nola E Brown, Keller Williams Realty/P B
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