4110 Lake Ave, West Palm Beach, FL 33405
$310,000
- 3 bed
- 1 bath
- 750 sqft
- Built 1953
- Palm Beach County
Attention investors, flippers, and contractors! Take advantage of this investment opportunity in the desirable 33405 area of West Palm Beach. Located at 4110 Lake Avenue, this 3-bedroom, 1-bathroom concrete block home offers approximately 750 square feet of living space and sits on a roughly 6,240-square-foot lot. The interior has already been completely demolished, providing a blank canvas for a full renovation. The property requires a new roof and complete interior improvements, making it an ideal project for an investor looking to transform a distressed property into a beautifully renovated home. With an estimated $80,000 renovation budget, this property offers an opportunity to capitalize on the area's strong resale market. Renovated homes in the surrounding area are reportedly selling in the mid-$400,000s, suggesting a potential after-repair value (ARV) of approximately $450,000, subject to comparable sales and the quality of renovations. Conveniently located near downtown West Palm Beach, shopping, dining, major highways, and local beaches, this property has excellent potential as a fix-and-flip investment.
