MLS# RX-10451867 - 1620 Avenue E, West Palm Beach, FL 33404

$1,000,000
Sqft: 4,146
Est. $3,682 / mo.*
2101 Days On Market

Courtesy of H. Alan Welles Real Est, LLC

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Status: Active
Property Type: Industrial
Year Built: 1966
Days On Website: 2101

Property Details for 1620 Avenue E, West Palm Beach, FL 33404

Investment Property in the path of progress. The property has undergone extensive renovations, including Brand New Roof, Central HVAC, Interior Tile, exterior facade, Hurricane / Accordion Security Shutters and much more. Building consists of 5 units, all of which are leased to small churches. There is a waiting list to get into this property.*** OWNER IS A BROKER AND IS WILLING TO CONTINUE DOING MANAGEMENT AND LEASING FOR NEW BUYER. NOI is $52,780Full price offers only.... 6% CAP

Listing

  • Source: Palm Beach
  • List price: $1,000,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10451867
  • Listing date: 2018-07-30
  • Status: Active
  • For lease?: Yes
  • Lease year: 2018.00
  • 36 minimum lease months
  • $241 per square foot
  • 1-3 Years
  • 4-6 Years
  • 7-10 Years
  • Annual
  • Gross Rent

Bathrooms

  • 5 total bathrooms
  • 1 half bathroom, unit 1

Building

  • 4,146 total building square feet
  • Built in 1966
  • 1 story
  • 5 units in build
  • Year built description: Resale
  • Square footage source: SimpleTemplate
  • Interior ceiling height: 12 feet
  • 5 tenants
  • 5 bays
  • 1 total unit for unit 1
  • Block
  • CBS
  • Concrete
  • Smoke Detector
  • Commercial
  • Income
  • Office Space
  • Office/Retail
  • Retail
  • Shopping Center
  • Strip Store

Cooling

  • Central Individual
  • Electric

Floors

  • Tile

Heating

  • Central Individual
  • Electric

Interior Features

  • Insulated
  • Sheet Rock

Location

  • County: Palm Beach
  • Subdivision: INLET GROVE IN PB 6 P 87 & PB 8 P 14
  • Airport Access
  • City
  • Investment

Lot

  • 0 acres

Miscellaneous

  • Vacancy rate: 0.00
  • Unit 1 description: Shops
  • Annual rent, unit 1: 13200.00
  • Rent period, unit 1: Month
  • Insurance-Bldg
  • Maintenance-Exterior
  • Management Fees
  • Other Tenant Pays
  • Real Estate Tax
  • Trash Removal
  • Landscaped
  • No Lawn Sprinkler
  • Private Restroom
  • Public Restroom
  • Rear Access
  • Traffic Light
  • Common Area Maint.
  • Electric
  • Sewer
  • Water
  • Cash
  • Conventional

Property

  • Property type: E
  • Zoning: CG
  • Waterfront: No

Roof

  • Built-Up

Security Features

  • Security Light

Taxes

  • Real estate taxes: $4,443
  • Year: 2020

Utilities

  • 5.00 meter
  • 1-100 Amp
  • Cable
  • Electric
  • Municipal Water
  • Separate Meter

Map View

$1,000,000 - 1620 Avenue E, West Palm Beach, FL 33404

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Directions

1620 Avenue E
West Palm Beach, FL 33404
County: Palm Beach

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