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- 101 Lucerne Ave
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$1,850,000
101 Lucerne Ave
·
Palm Beach
Listed on June 12, 2025
Quadruplex
MLS® # A11821345
Quadruplex
MLS® # A11821345
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$2,730 sqft
Parkings
5
Maintenance Fees
-
Annual Tax
$12,350
Description
The Lucerne is a 5-unit Art Deco property featuring 4 studio apartments and a detached 2BD/2BA single-family home, offering privacy and flexibility for personal use or premium STR. Located just minutes from Palm Beach beaches, golf courses, downtown Lake Ave shops and dining, and the iconic Gulfstream Hotel, which is undergoing a $100M+ renovation expected to transform the area’s hospitality market. Zoned Downtown Commercial, this well-maintained property has zero deferred maintenance and all tenants on month-to-month leases, allowing for immediate repositioning. With strong income potential, value-add upside through interior upgrades, and versatile configurations for investors or owner-users, The Lucerne is a rare, high-demand opportunity in a booming market.
ONE Commercial LLC
Features & Details
Learn about the features and details of 101 Lucerne Ave
Property Details
- Property TypeQuadruplex
- Living Area2,730 sqft
- Year Built1945
- Lot Size-
- Stories-
- Annual Tax$12,350.00
- List Date6/12/2025
- Updated6/14/2025
- Last CheckedRecent
- MLS Number#A11821345
- BrokerageONE Commercial LLC
- Postal Code33460
- AreaPalm Beach
- City-
Additional Property Features
- OccupancyTenant
- List Price$1,850,000.00
- Unit Number-
- ConstructionBlock
- HeatingWallFurnace
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air, Wall Window Units
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Mortgage Calculator
Estimate monthly payments for 101 Lucerne Ave
20.5%100%
Estimated Monthly Payment
$7,452
Cash Flow Analysis
Mortgage Payment:
$7,452
Monthly Payment:
$8,481.17
Break Even Down Payment:
100%
Cash Flow
$0
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About this property
Discover this impressive quadruplex in the heart of Bryant Park. This well-appointed property offers 2,730 square feet of living space. Originally built in 1945. Offered at $1,850,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 101 Lucerne Ave
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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101 Lucerne Ave