Lake Worth Beach - Beach Property For Sale #7618746

Unlock the full potential of this mid-century modern diamond in the rough in centrally located *College Park.* Whether you're an investor seeking immediate upside or an end user looking to create a custom dream home, this property offers flexibility, value + options. One route is light renovation while maintaining the current layout to quickly build equity and generate **dual income streams** with the separate cottage or Option B - Fully execute the already **approved plans** to transform the property into a stunning 3,500+ sq ft luxury home (Check the comps - the ARV is already exists based on nearby renovated comps) The existing layout is 4 BR, 3.5-bath main residence w/ an expansive upstairs owner's suite w/ en suite (and impact windows.) and 3 bedrooms on main level. (continued) Key updates-such as a 2017 roof, updated kitchen, and 2011 addition-provide a strong foundation for further improvements. A separate-entry 1-bedroom, 1-bath apartment offers excellent income potential, guest accommodations, or flexible living space, with room to add a kitchenette and lounge area. The fully fenced property creates a private outdoor retreat, complete with a pool, expansive party deck, and prime space for a future tiki hut or other style of outdoor entertaining area. Additional features include dual A/C systems, updated electrical panels (main house), gas appliances and natural gas plumbing, refinished original oak floors, and a mix of hurricane panels and impact glass. Located just minutes from the best of the area-bike to local restaurants, shops, and the popular Beach Club Tiki Bar, or enjoy a short drive to downtown and the beach. Endless possibilities. Immediate upside. Prime location.