1620 Avenue E West Palm Beach, FL $ 1,000,000
1620 Avenue E
$ 1,000,000
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1620 Avenue E

West Palm Beach, FL, 33404
$ 1,000,000
Baths5.0 Sq 4,146

Monthly Estimate*

$ 6,646

1620 Avenue E, West Palm Beach, FL 33404 - Image 1
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Studio

Commercial Property for sale in West Palm Beach, FL

for $1,000,000 with 5 full baths. This 4,146 square foot building was built in 1966.

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. NOI is $52,780Full price offers only.... 6% CAP

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Commercial Active

Price

$ 1,000,000

Bedrooms

Studio

Full Bath

5

Property Type

Commercial

Taxes

$ 4,443

Style

Income,Professional Office,Retail

Year Built

1966

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX10451867

Features
General
Construction Block CBS Concrete
Heating Central Individual Electric
Cooling Central Individual Electric
Utilities 1-100 Amp Cable Electric Municipal Water Separate Meter
Roof Built-Up
Zoning CG
Security Security Light
Status Active
Year Built 1966
Subdivision INLET GROVE IN PB 6 P 87 & PB 8 P 14
Stories 1.0
Type Industrial
Property Type E
Area 5280
Location Airport Access City Investment
Auction No
Tax Year 2020
Terms Considered Cash Conventional
Use Income Professional Office Retail
Misc. Landscaped No Lawn Sprinkler Private Restroom Public Restroom Rear Access Traffic Light
Special Info City Jurisdiction
Virtual Tour https://www.propertypanorama.com/1620-Avenue-E-West-Palm-Beach-FL-33404/unbranded
Geo Area PB26
Legal Description INLET GROVE LTS 13 & 14 BLK 6
Min Lease Months 36.00
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Exterior
Waterfront No
Lot Size 0.31
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Interior
Flooring Tile
Ceiling Insulated Sheet Rock
Total Number of Units 5
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Internal Only
OriginalMLSID RX-10451867
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* Excluded Features
List By
Howard Alan Welles

Listing Agent

H. Alan Welles Real Est, Llc

Broker

alan@hawre.com

Email

Affordability Calculator

$7,017
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2022$887,000 Listed Price

Map


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1620 Avenue E, West Palm Beach, FL, 33404 is a Commercial Property for sale at $1,000,000 with 4,146 sqft. 1620 Avenue E is a studio with 5.0 baths and was built in 1966. The property's zip code is 33404 which is in West Palm Beach, FL