604 Lake Ave, Lake Worth Beach, FL

604 Lake Ave & 601 - 607 Lucerne Ave, Lake Worth Beach, FL, USA

PROJECT DESCRIPTION: Downtown Lake Worth Beach, Florida is the geographic and artistic center of Palm Beach County. This development project sits in downtown, which is considered the artistic soul of Lake Worth Beach. We are in the process of building out a Cuban inspired restaurant concept by renowned Chef Joe Lallave with architecture and design by award winning local architect Juan Contin.

DEVELOPER: JEL Development

EXPECTED COMPLETION DATE: 2021

STATUS: Active

EXPECTED PROJECT METRICS:

  • CAP Rate: 8-10%
  • ROI: 18-25%
  • Cash-On-Cash Return: 9-11%

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Development Location

See Google Map for 604 Lake Ave in Lake Worth Beach, FL

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