Active
2223 Palm Beach Lakes Boulevard
West Palm Beach FL, 33409
$12,000,001
Active
Commercial
Built in 2007
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.
R10451836
MLSⓇ ID
July 30, 2018
Listed
November 22, 2024
Updated
Map
2223 Palm Beach Lakes Boulevard
West Palm Beach FL, 33409
Interior Features
Total Stories
1
Floor Description
Carpet, Marble, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
1.75 Acres
Lot Features
City Lot
Roof
Built-Up, Other, Steel Trusses
Sewer
Public Sewer
Other Property Details
Area Name
5410
Taxes
$50,034
Tax Frequency
Annually
Days on Market
2131
Garage
No
View
No
County
Palm Beach
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/24/2024 | Price change | $12,000,001 36% |
3/28/2024 | Price change | $8,805,380 -1% |
9/6/2023 | Price change | $8,861,111 13% |
Listed by: H. Alan Welles Real Est, LLC
Listing Contact:
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Data last updated 6:37 PM UTC, 11/22/2024