FL > Lake Worth Beach > One Luxury Condo
Lake Worth Beach, FL 33460,Tbd S Confidential 101, 102, 103
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Angela Duncan

Angela Duncan

+1(813) 538-9890
Listed by KMF Business Advisors
$ 1,700,000
Est. payment | /mo

3 Baths

511 SqFt

Save
$ 1,700,000
Est. payment | /mo
Save

3 Baths

511 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 511 sqft

Price per Sqft $3,326

Subdivision One Luxury Condo

MLS Listing ID RX-11138693

Year Built 2018

Annual Tax Amount $19,954

Tax Year 2024

Lot Size 3,484 Sqft

Property Sub-Type Retail

Property Description

High-yield, income-producing 3-unit commercial condo portfolio in the South Palmway / Bryant Park corridor of Lake Worth Beach, Florida.Each unit is leased to stable tenants -- a gym, cafe, and barber shop -- on active 3-year leases with annual 5 % rent increases and renewal options.Unit 101 - Gym: 1,022 SF | $4,000 / month | $6,800 annual taxUnit 102 - Cafe: 1,196 SF | $3,000 / month | $6,300 annual taxUnit 103 - Barber: 1,196 SF | $1,800 / month | $3,000 annual taxTenants' monthly payments include the $755 CAM fee (insurance, property taxes & HOA) for hands-off management and predictable cash flow.Built in 2018, the property features modern design, high ceilings, tile floors, and central A/C. Steps from Bryant Park, the Intracoastal Waterway, and

Location

State FL

County Palm Beach

Area 5600

Zoning DT--DOWNTOWN (38

Interior

Heating No Heat

Cooling Central Building

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm

Exterior

Utilities Available Cable, Public Water

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional, Cryptocurrency

Listing Terms Cash, Conventional, Cryptocurrency

Financing Cash,Conventional,Cryptocurrency

Angela Duncan

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(813) 538-9890

angelacduncan@gmail.com

1400 S International Pkwy #1020, Lake Mary, FL, 32746, USA

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Tbd S Confidential 101, 102, 103