4640 Lucerne Lakes Boulevard W #102
Lake Worth, FL 33467    Directions

Desirable first floor unit with a pool view. New HVAC system and dishwasher. Storage bay included. Clubhouse is in excellent condition and includes renovated locker room, billiards room, sitting area, and a theatre with full kitchen for live productions, parties, and banquets. Unit may be used by an owner-occupant or rented out as an investment property. Currently leased MTM at $1,530 per month, of which $1,200 is paid by the housing authority. Newest HUD rents support $1,800+/month rents. All utility expenses paid by tenant. The condo association takes care of building/common area maintenance, minimizing the involvement needed by the owner. Full hurricane protection, reducing the cost of insurance. Low taxes--county only.Well-funded association with over $300,000 in reserves.