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
|
901
|
LAST UPDATED
|
12/22/2020
|
|
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
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