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415 Federal Hwy

Lake Park, FL 33403
  • $2,250,000
  • STATUS: Active
  • ON SITE: 245 Days
  • MLS #: RX-10719369
$2,250,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,412
    SQFT
  • $304
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

Description

At the New lower price, this will not last long. This is an impeccably maintained office building on Federal Highway in Lake Park. A rare 7,412 sq ft Freestanding Building with ample parking ( 25 parking spaces ). The building is constructed with CBS walls and Concrete Beams in the Roof. Permitted uses include Medical Offices, Law Offices, CPA's, Architects, and Financial Services.95% of the units are rented out now, with the potential income of $13,530 per month , $162,360 per year. The owner has spent over $100,000 in that last two years to update this outstanding building.

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www.ewm.com/homes/117671885
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415 Federal Hwy Lake Park, FL 33403

  • Price: $2,250,000
  • Status: Active
  • On Site: 245 Days
  • MLS #: RX-10719369
0
Beds
0
Baths
0
½ Baths
0.51
Acres
7,412
SQFT
$304
$/SQFT
1971
Built
Neighborhood:
Kelsey City
County:
Palm Beach
Area:
Lake Park
Property Description
At the New lower price, this will not last long. This is an impeccably maintained office building on Federal Highway in Lake Park. A rare 7,412 sq ft Freestanding Building with ample parking ( 25 parking spaces ). The building is constructed with CBS walls and Concrete Beams in the Roof. Permitted uses include Medical Offices, Law Offices, CPA's, Architects, and Financial Services.95% of the units are rented out now, with the potential income of $13,530 per month , $162,360 per year. The owner has spent over $100,000 in that last two years to update this outstanding building.
Exterior Features

Bays 8 Construction CbsConcrete Roof Tar/Gravel Waterfront YN No

Interior Features

Bath Toilets 1.00 Ceiling Acoustic Cooling Central Flooring CarpetVinyl Floor Heating Central Percent Air Conditioned 100.00

Property Features

Auction No Available Docs None Available Info None Built Desc Resale Fire Protection None For Lease No For Sale Yes Lease 1-3 Years List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location City Meters 8.00 Sale Includes None Tax Amount Real Estate Taxes 23873.00 Tax Year 2020 Tenant Pays ElectricWater Terms Considered Cash Type Of Building Office/ProfessionalOffice/RetailOffice/WarehouseRetailStorage/ WarehouseWarehouse Use MixedProfessional OfficeRetail Utilities Public Water Zoning Mu

Listing provided courtesy of Laer Realty Partners Bowen/Wellington. Listing information © 2022 BeachesMLS
 
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