Iconic Tropical Car Wash Mixed-Use Portfolio

Nestled in Lake Worth Beach, this portfolio enjoys exceptional accessibility and a prime position near Dixie Highway’s bustling corridor. Just minutes from downtown and key transit points, it provides a blend of urban convenience and neighborhood charm.Lee & Associates presents the Tropical Car Wash Portfolio, a dynamic investment opportunity in the charming beach town of Lake Worth Beach, Florida. This multi-faceted portfolio includes the well-established Tropical Car Wash at 824 N. Dixie Hwy, complemented by two additional retail tenants: a thriving tint shop and a quaint thrift store under a triple net lease. The car wash facility, spanning 4,735 SF on a 0.29-acre site, has a robust 25-year history and resides in a mixed-use zoning area, offering flexibility for future enhancements. Adjacent to this commercial centerpiece are two residential parcels at 819 N. J St. and 823 N. J St. The first parcel hosts a 2-bedroom/1-bath house and a rental cottage generating monthly income with tenants covering their own utilities. The second parcel is a 50x135 vacant lot, suitable for a two-story duplex with construction documents available. Situated in the heart of Lake Worth Beach, the Tropical Car Wash Portfolio benefits from high visibility along Dixie Highway and proximity to local amenities and transportation hubs. The site is minutes from Lake Worth Beach’s vibrant downtown, a four-minute drive to the commuter rail station, and 12 minutes from Palm Beach International Airport. This walkable area boasts a solid mix of residential and commercial activity, making it a prime location for diverse income streams and long-term appreciation.