2223 Palm Beach Lakes West Palm Beach, FL 33409

FOR SALE - Active
$12,000,001
$6,255,357 (91.8%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 27,266 ft2/2,533.09 m2
  • Price Per: $440.00 ft2/$4,737.29 m2
  • Type: Commercial/Investment
  • Built: 2007
  • HOA: No info
  • MLS Number: RX-10451836
  • View No info
  • On Site: 739 days
  • Updated: Listing Refreshed: 159 Days Ago

CURRENTLY 100% OCCUPIED HOWEVER, TENANTS BOTH HAVE DEFAULTS WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. LANDLORD CAN RE-TENANT BUILDING TO QUICKLY INCREASE VALUE OF BUILDING UP TO $14,500,000 WITH A CREDIT TENANT AT MARKET RENT, BRING ONLY CASH OFFERS. 27, 500 total square feet, 16,500 SF is Leased to a Fitness Gym (Short term lease as there is a new tenant who replaced Rock Fitness and (11,000 SF) Leased to Furniture Direct(5+ locations in S. FL) The Retail property was completely renovated between 2017 - 2018 including a new roof.MINIMUM OF 16,500 SF OF BLDG CAN BE DELIVERED VACANTThe subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks.

Price History

DateEventPriceChange RatePrice Per
08/24/2024Price Increased$12,000,001.0036.3%$440.11 ft2/$4,737.29 m2
03/28/2024Price Reduced$8,805,380.000.6%$322.94 ft2/$3,476.14 m2
09/05/2023Price Increased$8,861,111.0041.7%$324.99 ft2/$3,498.14 m2
07/30/2018Listed$6,255,357.00$229.42 ft2/$2,469.45 m2

Contact Information

We use cookies to ensure that we give you the best experience on our website.