201 S Lakeside Drive, Lake Worth Beach, FL 33460

New Listing
$2,400,000
Property Type: Commercial Sale Square Footage: 10,500 Status: Active
Current Price: $2,400,000 List Date: 6/20/2026 Last Modified: 6/20/2026

Overview

Description

Fantastic investment opportunity to own 10-1 bed 1 bath units, in a condominium that has so much potenial! Not to mention the possibilities of building out the third floor where there is a massive penthouse, elevator access, 3 bed 3 bath just under 3700 sq ft, with a huge outdoor patio, it's own cat walk, 10' ceilings, ALL right in the heart of historic Lake Worth Beach. but thats not all, there is a coin laundry on site, off street parking for all 10 units, an additional 900 sq ft recreational room, room for a community pool, and additional storage rooms. This is a complete gem in a PRIME location, just steps to our beaches, shopping, eating, golfing, and so much more. The sense of community spirit is evident the minute you hit Lake Ave and see all the activity and local support. PRIME!

Listing Details MLS# B26043480

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
11
Occupant Type
Tenant
Building Area Main
10500
Building Area Source
Owner
Adjusted Area Main
11500
Year Built
1967
Parking Total
11
Lot Size Area
13068
Lot Size Acres
0.3
Accessibility Features YN
No
Stories Total
3
Stories
3

Property Features

Building Features: Elevator(s); Free Standing; Manager On Premises; Rear Access; Storage Common Area Maintenance Includes: Exterior Electric; Exterior Maintenance; Fire Liability Insurance; Lawn Care; Real Estate Tax; Sewer; Trash Collection; Water Documents Available: Copy Of Lease(s); Deed; Owner Managed; Rent Rolls Electric: Separate Meters; Three Phase Fencing: Back Yard; Fenced; None Flooring: Carpet; Ceramic Tile; Tile; Wood Heating: Central Location of Property: City Location Parking Features: Assigned Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Special Listing Conditions: Standard Sprinkler Description: City Sprinkler System Zoning Information: Use Conforms To Zoning Source Of Expenses: Owner Provided Tenant Pays: Cable TV Construction Materials: CBS; Stucco Cooling: Central Air Listing Terms: Cash; Other Lot Features: Landscaped Restrictions: Limited # Vehicles; Parking - No Boat; Parking - No Guest; Parking - No RV; Parking - No Trailer Rail Description: No Rail Service Road Frontage Type: City Street; East of US-1 Traffic Type: Light Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Other Security Features: Smoke Detector(s); Other Sewer: Public Sewer Special Information: Sold As-Is Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Lockbox; Occupied; Schedule Online Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2400000
Negotiable Seller Concessions YN
No
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
201
Street Direction Prefix
S
Street Name
Lakeside
Street Suffix
Drive
City Name
Lake Worth Beach
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33460
Area
5610
Geographic Area
PB16
Parcel Number
38434427630000010
Zoning
MF-30 (city)/MU
Building Name
Linden Arms
Property Description
Mulitfamily

Financial Information

Tax Annual Amount
28000
Tax Year
2026
Tax Legal Description
LINDEN ARMS CONDOMINIUM UNIT 1

Status Change Information

Major Change Timestamp
2026-06-20T13:12:37Z
Major Change Type
New Listing
Status Change Date
2026-06-20

More Information

Distance To Information

Miles to Beach
2
Miles to Expressway
3

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
12
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
12

Unit Details

Number Of Units Leased
5

Description of Unit Type 1

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1700

Description of Unit Type 2

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
Yes

Description of Unit Type 3

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1700

Description of Unit Type 4

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
Yes

Description of Unit Type 5

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1700

Description of Unit Type 6

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1800

Description of Unit Type 7

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
1575

Originating Details

Originating System Key
20260620125446328858000000
Originating System ID
M00000170

Currently Not Used

Ownership Type
Other Ownership

Office/Member Information

DXORIGMLSID
RML

Electric

Separate Meters
Yes
Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Tile
Yes
Wood
Yes

Parking Features

Assigned
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Documents Available

Copy Of Lease(s)
Yes
Deed
Yes
Owner Managed
Yes
Rent Rolls
Yes

Fencing

Back Yard
Yes
Fenced
Yes
None
Yes

Tenant Pays

Cable TV
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Information

Sold As-Is
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Zoning Information

Use Conforms To Zoning
Yes

Building Features

Elevator(s)
Yes
Free Standing
Yes
Manager On Premises
Yes
Rear Access
Yes
Storage
Yes

Common Area Maintenance Includes

Exterior Electric
Yes
Exterior Maintenance
Yes
Fire Liability Insurance
Yes
Lawn Care
Yes
Real Estate Tax
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Land
Yes

Sprinkler Description

City Sprinkler System
Yes

Construction Materials

CBS
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Other
Yes

Lot Features

Landscaped
Yes

Road Frontage Type

City Street
Yes
East of US-1
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Asphalt
Yes

Roof

Other
Yes

Security Features

Smoke Detector(s)
Yes
Other
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

Lockbox
Yes
Occupied
Yes
Schedule Online
Yes

Restrictions

Limited # Vehicles
Yes
Parking - No Boat
Yes
Parking - No Guest
Yes
Parking - No RV
Yes
Parking - No Trailer
Yes

Rail Description

No Rail Service
Yes

Traffic Type

Light
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Less Than 1 Acre Lot
Yes
IDX
Listing Office: True Blue Realty Inc
Last Updated: June - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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