Covenant Villas Real Estate

Covenant Villas Real Estate

Welcome to Covenant Villas, a hidden gem nestled in the heart of Lake Worth, Florida, within the vibrant Palm Beach County. This enchanting subdivision offers a perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle in sunny Florida.

Covenant Villas is characterized by its charming tree-lined streets and beautifully landscaped properties, creating an inviting atmosphere that feels like home from the moment you arrive. With a variety of well-designed single-family homes, residents enjoy spacious living areas, modern amenities, and private outdoor spaces perfect for gatherings or quiet evenings under the stars.

One of the standout features of Covenant Villas is its prime location. Just a stone's throw away, you'll find the picturesque Lake Worth beach, where you can soak up the sun or enjoy a leisurely stroll along the shore. The vibrant downtown area is also nearby, offering a delightful mix of boutique shops, art galleries, and a diverse selection of restaurants that cater to every palate.

For families, Covenant Villas is served by top-rated schools and is close to numerous parks and recreational facilities, ensuring that residents have access to a wealth of activities and community events. Whether you’re looking to explore the local art scene, engage in outdoor adventures, or simply relax in your peaceful abode, Covenant Villas provides the perfect backdrop for a fulfilling lifestyle.

Discover your dream home in Covenant Villas, where a warm community spirit meets the beauty of Florida living!

Newest Listings in Covenant Villas

4614 Gulfstream Road, Lake Worth
$1,250,000
B26089883 MLS ⋅ Covenant Villas BLDG.
Bring your vision to unincorporated Lake Worth! A compelling opportunity for investors, builders, and developers to acquire 1.83 acres in the heart of Lake Worth, Florida, with the potential for a 20-unit multifamily development. This property offers a head start for future development, with several key approvals previously secured, significantly advancing the preliminary planning process. Zoning, water utility, right-of-way, drainage, and Health Department permits have already been previously approved, providing a valuable foundation for the next phase of development. Completed building plans are also available and attached to the MLS, offering additional value and a head start for prospective developers. The proposed unit mix consists of 17 two-bedroom, two-bathroom units and 3 one-bedroom, one-bathroom units. Based on comparable rental rates, the projected rental income could reach approximately $44,500 per month, or $534,000 annually, assuming all 20 units are rented at the estimated market rates of $2,300 per month for the two-bedroom units and $1,800 per month for the one-bedroom units. These figures represent potential gross rental income before expenses, vacancy, and other operating costs. Ideal for investors seeking their next project, builders looking to expand their portfolio, or developers pursuing multifamily opportunities in a central Lake Worth location. With substantial preliminary work already completed, this property presents an opportunity to build on the progress made and explore its full development potential. Buyer to independently verify zoning, approvals, development feasibility, and all intended uses with the appropriate authorities. Seller is open to seller financing.

4614 Gulfstream Road, Lake Worth
4614 Gulfstream Road, Lake Worth
$1,250,000
B26089882 MLS ⋅ Covenant Villas BLDG.
Bring your vision to unincorporated Lake Worth! A compelling opportunity for investors, builders, and developers to acquire 1.83 acres in the heart of Lake Worth, Florida, with the potential for a 20-unit multifamily development. This property offers a head start for future development, with several key approvals previously secured, significantly advancing the preliminary planning process. Zoning, water utility, right-of-way, drainage, and Health Department permits have already been previously approved, providing a valuable foundation for the next phase of development. Completed building plans are also available and attached to the MLS, offering additional value and a head start for prospective developers. The proposed unit mix consists of 17 two-bedroom, two-bathroom units and 3 one-bedroom, one-bathroom units. Based on comparable rental rates, the projected rental income could reach approximately $44,500 per month, or $534,000 annually, assuming all 20 units are rented at the estimated market rates of $2,300 per month for the two-bedroom units and $1,800 per month for the one-bedroom units. These figures represent potential gross rental income before expenses, vacancy, and other operating costs. Ideal for investors seeking their next project, builders looking to expand their portfolio, or developers pursuing multifamily opportunities in a central Lake Worth location. With substantial preliminary work already completed, this property presents an opportunity to build on the progress made and explore its full development potential. Buyer to independently verify zoning, approvals, development feasibility, and all intended uses with the appropriate authorities. Seller is open to seller financing.

4614 Gulfstream Road, Lake Worth
Start Your Search

How much is your home worth?

Get instant property value now!