Real Estate in West Palm Beach

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

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PRICE $750,000
SIZE n/a
LOT SIZE 13,503 sqft

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 574 LAST UPDATED 8/27/2019
TRACT INLET GROVE IN PB 6 P 87 & PB 8 P 14 YEAR BUILT 1966
COUNTY Palm Beach STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Dec 27, '18 $508,000
Dec 27, '18 - Today $750,000


ADDITIONAL DETAILS
# 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 15.34
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

57 Somewhat Walkable



 
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Listed with H. Alan Welles Real Est, LLC
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Data last updated: 2/25/20 8:00 AM PST.

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