Address: 303 Cornell Drive, Lake Worth Beach, FL 33460
Description
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 updatessuch as a 2017 roof, updated kitchen, and 2011 additionprovide 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 areabike 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.
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 updatessuch as a 2017 roof, updated kitchen, and 2011 additionprovide 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 areabike 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.
Features
Building and Construction
Flooring: Wood
Other Structures: Guest House
Roof: Shingle
School Information
High School: Lake Worth
Middle School: Lake Worth
School Elementary: North Grade K-8
Garage and Parking
Parking Features: Attached Garage, Driveway, Garage, On Street
Eco-Communities
Pool Features: In Ground
Water Source: Public
Utilities
Cooling: Central Air
Electric: Three Phase
Heating: Central
Pets Allowed: No Restrictions, Yes
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
Finance and Tax Information
Tax Year: 2025
Other Features
Appliances: Gas Water Heater, Dishwasher, Dryer, Refrigerator, Washer, Water Heater
Furnished: Unfurnished
Interior Features: Kitchen Island, Pantry
Legal Description: COLLEGE PARK LTS 163~ 164 & E 20 FT OF LT 165 BLK 5
An exceptional opportunity to build an estate on this expansive 121 x 150 corner lot. Ideally positioned with the Intracoastal Waterway just across the street, this premier parcel offers an unparallel
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