Active developments

607 Lucerne Ave

OVERVIEW

A landmark mixed-use project

607 Lucerne Avenue, a premier ground-up mixed-use development in the heart of Downtown Lake Worth Beach. Set on a prime ±14,000 SF site along the vibrant Lucerne Avenue corridor, the project pairs luxury residential living with curated ground-floor retail—steps from the revived Gulfstream Hotel, the $60M WMODA cultural campus, and one of South Florida’s fastest-rising dining districts. We are actively seeking aligned investors and development partners to help build something enduring at the center of it all.

Location

604 Lake Ave, Lake Worth Beach, FL 33460, USA

DEVELOPER

JEL Development

EXPECTED COMPLETION DATE

June 2022

STATUS

Active

EXPECTED PROJECT METRICS

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