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.Full price offers only....
|
DAYS ON MARKET
|
787
|
LAST UPDATED
|
6/4/2020
|
|
TRACT
|
INLET GROVE IN PB 6 P 87 & PB 8 P 14
|
YEAR BUILT
|
1966
|
|
COUNTY
|
Palm Beach
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
|
Prior to Dec 27, '18
|
$508,000 |
| Dec 27, '18 - Today |
$750,000 |
| # OF METERS |
5.00 |
| # OF STORIES |
1.0 |
| % AIR CONDITIONED |
100.00 |
| ACRES |
0.31 |
| AREA |
5280 |
| AVAIL DOCS |
Survey |
| AVAIL INFO |
Copies of Lease, Full Financials, Owner managed, Photos, Title/ Abstract |
| BATHS - # TOILETS |
5.00 |
| BUILDING INFO: # OF BAYS |
5 |
| BUILDING INFO: # OF TENANTS |
5 |
| BUILDING INFO: INTERIOR CEILING HGT |
12 |
| BUILDING INFO: MILES TO EXPRESSWAY |
3 |
| CEILING |
Insulated, Sheet Rock |
| CITY |
West Palm Beach |
| CONSTRUCTION |
Block, CBS, Concrete |
| COOLING |
Central Individual, Electric |
| COUNTY |
Palm Beach |
| FIRE PROTECT |
Smoke Detector |
| FLOORING |
Tile |
| FOR LEASE |
Yes |
| FOR SALE |
Yes |
| GEO AREA |
PB26 |
| HEATING |
Central Individual, Electric |
| LEASE |
1-3 Years, 4-6 Years, 7-10 Years, Annual, Gross Rent |
| LEASE PRICE SQFT |
15.33 |
| LEASE YEAR |
2018.00 |
| LEGAL DESC |
INLET GROVE LTS 13 & 14 BLK 6 |
| LOCATION |
Airport Access, City, Investment |
| MAINTENANCE FEE INCL |
Insurance-Bldg,Maintenance-Exterior,Management Fees,Other Tenant Pays,Real Estate Tax,Trash Removal |
| MIN LEASE MONTHS |
36.00 |
| MISCELLANEOUS 1 |
Landscaped, No Lawn Sprinkler |
| MISCELLANEOUS 2 |
Private Restroom, Public Restroom, Rear Access, Traffic Light |
| MONETARY INFO: NET OPER INCOME |
43500.00 |
| MONETARY INFO: SOURCE OF EXPENSES |
Books |
| MONETARY INFO: VACANCY RATE |
0.00 |
| MULTIPLE OFRS ACPTD |
Yes |
| PARCEL ID |
56434233040060130 |
| PROPERTY DESC |
church |
| REAL ESTATE TAXES |
4443.00 |
| ROOF |
Built-Up |
| SECURITY |
Security Light |
| SPECIAL INFO |
City Jurisdiction |
| SQFT SOURCE |
Tax Rolls |
| SUBDIVISION |
INLET GROVE IN PB 6 P 87 & PB 8 P 14 |
| TAX YEAR |
2017 |
| TENANT PAYS |
Common Area Maint.,Electric,Sewer,Water |
| TOTAL BUILDING SQFT |
4146.00 |
| TOTAL UNITS |
5 |
| TYPE |
Commercial Industrial |
| TYPE OF BUILDING |
Commercial,Income,Office Space,Office/Retail,Retail,Shopping Center,Strip Store |
| UNIT 1: # OF UNITS |
1 |
| UNIT 1: ANN RENT |
13200.00 |
| UNIT 1: HALF BATHS |
1 |
| UNIT 1: RENT PERIOD |
Month |
| UNIT 1: UNIT DESC |
Shops |
| USE |
Income,Professional Office,Retail |
| UTILITIES |
1-100 Amp, Cable, Electric, Municipal Water, Separate Meter |
| YEAR BUILT |
1966 |
| YEAR BUILT DESC |
Resale |
| ZIP CODE |
33404 |
| ZONING |
DG |
ZESTIMATE
1620 Avenue E, West Palm Beach, FL
RENT ZESTIMATE
1620 Avenue E, West Palm Beach, FL
55 
Somewhat Walkable
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Listed with H. Alan Welles Real Est, LLC
2020 All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2020 BeachesMLS, Inc
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