Homes for sale - 2223 Palm Beach Lakes BLVD, West Palm Beach, FL 33...

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Frederick Antonelli

buy@fredantonelli.com +1(954) 801-1840

Listed by H. Alan Welles Real Est, LLC

$12,000,001

20 Baths

27,266 SqFt

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UPDATED:

08/25/2024 05:24 AM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Rent

Square Footage 27,266 sqft

Subdivision Palm Beach Lakes Comm No 3 In

MLS Listing ID RX-10451836

Construction Status Resale

Year Built 2007

Annual Tax Amount $50,034

Tax Year 2017

Lot Size 1.750 Acres

Property Description

CURRENTLY 100% OCCUPIED HOWEVER, TENANTS BOTH HAVE DEFAULTS WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. LANDLORD CAN RE-TENANT BUILDING TO QUICKLY INCREASE VALUE OF BUILDING UP TO $14,500,000 WITH A CREDIT TENANT AT MARKET RENT, BRING ONLY CASH OFFERS. 27, 500 total square feet, 16,500 SF is Leased to a Fitness Gym (Short term lease as there is a new tenant who replaced Rock Fitness and (11,000 SF) Leased to Furniture Direct(5+ locations in S. FL) The Retail property was completely renovated between 2017 - 2018 including a new roof.MINIMUM OF 16,500 SF OF BLDG CAN BE DELIVERED VACANTThe subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks.

Location

State FL

County Palm Beach

Area 5410

Zoning Store , GC

Interior

Heating Central, Electric

Cooling Central Individual, Electric

Flooring Carpet, Marble, Wood Floor

Fireplaces Type Smoke Alarm, Sprinkler

Exterior

Community Features City Jurisdiction, Title Insurance

Utilities Available 201+ Amp, 220, Electric, Public Sewer, Public Water, Separate Meter

Waterfront Description Canal Width 1 - 80,Interior Canal

Roof Type Built-Up,Other,Steel Joist

Present Use City Jurisdiction,Title Insurance

Building

Story 100.00

Foundation Block, CBS, Concrete

Construction Status Resale

Others

HOA Fee Include Insurance-Bldg,Lawn Care,Maintenance-Exterior,Real Estate Tax

Miscellaneous Landscaped

Security Features Security Light

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

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