$2,000,000
FL 33460
MLS# A12121262
3314 sqft

1 / 40
Property Description
An exceptional opportunity to acquire a well positioned, two story office and retail investment property along the highly traveled S Dixie Highway corridor in Lake Worth Beach, Florida. The property features a versatile mix of professional office suites and retail space, complemented by on site parking, prominent street frontage, and excellent accessibility to Downtown Lake Worth Beach and surrounding commercial districts.A key investment advantage is the property's existing lease structure, with all tenants operating under one-year leases at rental rates currently below market. This provides an incoming investor with significant flexibility and the opportunity to capitalize on rental upside through strategic lease renewals, rent adjustments, and potential property improvements. The smaller suite configurations also appeal to a broad range of professional and service-oriented tenants, supporting diversified tenancy and long-term leasing demand.Strategically situated just south of Lake Avenue, the property benefits from its central location, strong visibility, and proximity to established residential neighborhoods, local businesses, and major transportation routes. With below market rents, short term lease commitments, and multiple avenues for income growth, 407 S Dixie Highway presents a compelling value-add investment opportunity in the heart of Lake Worth Beach.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-10
Status: Active
Original List Price: 2000000
List Price: $2,000,000
Current Price: $2,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Municipal Code: 38
Postal Code: 33460
Geographic Area: PB16
Subdivision Number: 15
Flood Zone: X
Country: United States
Street Number: 407
Street Direction Prefix: S
Street Name: Dixie
Street Suffix: Highway
State Or Province: FL
Postal Code +4: 4442
Area: 5630
Parcel Number: 38434421151490170
Zoning: MU-DH (c
General Property Information
Number Of Buildings: 1
Occupant Type: Call Listing Agent
Lot Size Area: 13145
Property Sub Type: Mixed Use
Building Area Main: 3314
Year Built: 1983
Lot Size Acres: 0.3
Office/Member Information
DXORIGMLSID: SEF
Structure Type
Office: 1
Retail: 1
Business Type
Retail: 1
Listing Terms
Cash: 1
Conventional: 1
Price Calculations
Current Price To SqFt: 603.5
Section Details
Parcel Number MLX: 0170
Financial Information
Tax Annual Amount: 16142
Tax Legal Description: LAKE WORTH TOWN OF LT 17 (LESS E 5 FT S DIXIE HWY & RTN CRV AREA R/WS), LT 18 (LESS E 5 FT S DIXIE HWY R/W) & LTS 19 & 20 (LESS E 2 FT
Status Change Information
Major Change Timestamp: 2026-11-10T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-10
Originating Details
Originating System Key: 570561667
Originating System ID: M00000151
Property Features
Business Type: Retail
Listing Terms: Cash; Conventional
Structure Type: Office; Retail
Listing Office: ONE Commercial LLC

Last Updated: November - 10 - 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.

