35 S J Street

Lake Worth, FL 33460

Bedrooms

Bathrooms

Living Sq Ft

1923

Year Built

Listing Snapshot

Price: $3,500,000
Days on Site: 22 Days
Bedrooms: 0
Total Baths: 0
Total Sq Ft: 12,750 sqft
Lot Size: 0.2 Acres
Year Built: 1923
Property Type: Commercial
MLS #: A11857160
Property Tax: $71,142
County: Palm Beach
Status: Sold

About This Property

Lake Lofts is a 3-story concrete block boutique apartment building with 25 units only footsteps from Lake & Lucerne Avenues in Lake Worth Beach. The property features an attractive unit mix including one studio, 21 1BR/1BA, two 2BR/1BA and an attached house 3BR/1.5BA with a den.Lake Lofts is offered with a very attractive assumable loan featuring a 2.87% interest rate locked until June 2027. The current outstanding balance is approximately $1,850,000 and the loan has a maturity date of May 2042. The property has been historically operating near 100% occupancies with effective rents of $1,626/unit. Rents include electric, water and gas. Current market rents average $1,682/month allowing to raise rents by ~$17k/yr. A new owner can implement a value-add program for an additional $90k/yr.

Virtual Tour

General Features

Property Type: Commercial
Status: Sold
Year Built: 1923
Parking: On Street
Lot Size (Acres): 0.2
Total Sq Ft: 12,750
Zoning: DT (city

Community & HOA

Financing Terms: Assumable / Cash / Conventional
MLS Area: 5610

Listing courtesy of CBRE, Inc.

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 July 1, 2026.

$3,500,000

Interested in This Property?

Listed by Periklis Synanidis, CBRE, Inc.

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