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Listed by Christina Morrison PA

$ 1,500,000

Est. payment -/mo

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Price Dropped by $60K

3677 S 23rd AVE B107 Lake Worth Beach, FL 33461

2 Baths

4,348 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Flex Space

Listing Status Active

Purchase Type For Sale

Square Footage 4,348 sqft

Price per Sqft $344

Subdivision Marlin Commerce Center Condominium

MLS Listing ID RX-11133808

Construction Status Resale

Year Built 2007

Annual Tax Amount $16,371

Tax Year 2024

Lot Size 4.000 Acres

Property Sub-Type Flex Space

Property Description

21st Century light industrial condo for investor who wants easy income. This property has all concrete exterior walls, impact resistant glass doors and windows, wind tested overhead doors and new roof systems all in place. Interior has offices and restrooms already built.Tenant has a 5-year lease with two 5-year options with first year return of over 5% and rent increases annually.PERFECT for investor since this is a sale-leaseback with a well-established pharma company. If you have a 1031 Buyer, please bring them here - easy income/ownership since Association takes care of everything outside and Tenant takes care of everything inside.Property is in a park-like setting and is fenced and gated. New roof, newly sealed and painted buildings, and reserves in place.

Location

State FL

County Palm Beach

Area 5660

Zoning LTI

Interior

Heating Other

Cooling Electric

Flooring Concrete

Fireplaces Type Smoke Alarm, Smoke Detector, Sprinkler

Exterior

Garage Spaces 14640.0

Community Features City Jurisdiction, Corporate Owned, Presently Leased, Use Conforms to Zone

Utilities Available Electric, Municipal Water, Public Sewer

Roof Type Built-Up

Present Use City Jurisdiction,Corporate Owned,Presently Leased,Use Conforms to Zone

Building

Story 20.00

Foundation Concrete

Construction Status Resale

Others

HOA Fee Include Exterior Electric,Insurance-Bldg,Management Fees,Sewer,Trash Removal,Water

Miscellaneous Landscaped,Sprinkler Water

Security Features Fence,Gate - Unmanned

Acceptable Financing Cash, Leaseback Available

Listing Terms Cash, Leaseback Available

Financing Cash,Leaseback Available

Virtual Tour https://www.propertypanorama.com/3677-23rd-Avenue-B107-Lake-Worth-Beach-FL-33461/unbranded

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

9

Meadow Park Elementary School

Public | KG - 5
7

Academy for Positive Learning

Public | KG - 8
6

Heritage Elementary School

Public | KG - 5
6

North Grade Elementary School

Public | KG - 5
6

Greenacres Elementary School

Public | PK - 5
6

South Olive Elementary School

Public | KG - 5
5

Starlight Cove Elementary School

Public | PK - 5
5

Diamond View Elementary School

Public | KG - 5
5

Jfk Medical Center Charter School

Public | KG - 5
5

John I. Leonard High School

Public | PK - 12
5

C. O. Taylor-Kirklane Elementary School

Public | KG - 5
5

Berkshire Elementary School

Public | PK - 5
4

Highland Elementary School

Public | PK - 5
3

Lantana Elementary School

Public | PK - 5
3

Palm Springs Elementary School

Public | KG - 5
3

Palm Beach Maritime Academy

Public | KG - 9
3

Palmetto Elementary School

Public | KG - 5
2

South Grade Elementary School

Public | PK - 5
1

Royal Palm School

Public | PK - 12
1

Barton Elementary School

Public | PK - 5

Middle Schools 7

5

Tradewinds Middle School

Public | 6 - 8
4

Lantana Middle School

Public | 6 - 8
4

Palm Springs Middle School

Public | 6 - 8
1

Lake Worth Middle School

Public | 6 - 8
0

South Area Secondary Intensive Transition Program

Public | 6 - 12
0

Exceptional Student Program Pre-K

Public | 6 - 12
0

Pace Center for Girls

Public | 6 - 12

High Schools 5

6

G-Star School of the Arts

Public | 9 - 12
4

Forest Hill Community High School

Public | 9 - 12
2

Lake Worth High School

Public | 9 - 12
0

Dibacco School

Private | 9 - 12
0

Mavericks High School at Palm Springs

Public | 9 - 12

School and business data provided by Attom Data.

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