2223 Palm Beach Lakes Boulevard West Palm Beach, FL $ 8,805,380
2223 Palm Beach Lakes Boulevard
$ 8,805,380
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2223 Palm Beach Lakes Boulevard

West Palm Beach, FL, 33409
$ 8,805,380
Baths20.0 Sq 27,266

Monthly Estimate*

$ 58,523

2223 Palm Beach Lakes Boulevard, West Palm Beach, FL 33409 - Image 1
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Studio

Commercial Property for sale in West Palm Beach, FL

for $8,805,380 with 20 full baths. This 27,266 square foot building was built in 2007.

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.

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Commercial Active

Price

$ 8,805,380

Bedrooms

Studio

Full Bath

20

Property Type

Commercial

Taxes

$ 50,034

Style

Professional Office,Retail

Year Built

2007

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX10451836

Features
General
Construction Block CBS Concrete
Heating Central Electric
Cooling Central Individual Electric
Utilities 201+ Amp 220 Electric Public Sewer Public Water Separate Meter
Possession At Closing Subject to Lease
Roof Built-Up Other Steel Joist
Zoning Store GC
Security Security Light
Status Active
Year Built 2007
Subdivision PALM BEACH LAKES COMM NO 3 IN
Stories 1.0
Type Industrial
Property Type E
Area 5410
Location Airport Access Anchor Center City Investment Shopping Center
Auction No
Tax Year 2017
Terms Considered Cash Conventional Exchange
Use Other Professional Office Retail
Misc. Landscaped Meeting Room Office Private Restroom Public Restroom Rear Access Restaurant Separate Office Area Showroom Traffic Auto Traffic Heavy
Special Info City Jurisdiction Title Insurance
Virtual Tour https://www.propertypanorama.com/2223-Palm-Beach-Lakes-Boulevard-West-Palm-Beach-FL-33409/unbranded
Geo Area PB23
Legal Description PALM BEACH COMMERCIAL PL 3 LTS 3 & 4
Min Lease Months 36.00
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Exterior
Waterfront No Canal Width 1 - 80 Interior Canal
Lot Size 1.75
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Interior
Flooring Carpet Marble Wood Floor
Ceiling Acoustic Insulated Suspended
Total Number of Units 3
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Internal Only
OriginalMLSID RX-10451836
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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

$62,693
Per Month
93%
7%
0%
Monthly Principal & Interest
$58,523
Monthly Property Taxes
$4,170
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$7,800,000 Listed Price

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2223 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33409 is a Commercial Property for sale at $8,805,380 with 27,266 sqft. 2223 Palm Beach Lakes Boulevard is a studio with 20.0 baths and was built in 2007. The property's zip code is 33409 which is in West Palm Beach, FL