2223 Palm Beach Lakes BLVD new Save Request In-Person Tour Request Virtual Tour
West Palm Beach,FL 33409
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 27,200 sqft
Price per Sqft $321
Subdivision Palm Beach Lakes Comm 3
MLS Listing ID RX-11120696
Construction Status Resale
Year Built 1980
Annual Tax Amount $78,788
Tax Year 2024
Lot Size 1.740 Acres
Property Sub-Type Retail
Property Description
The multi-tenant retail storefront is operating with two main units. The building was completely renovated between 2017-2018, roof(2018), and new HVAC's(2025).The first unit (Previously Rock Fitness : 16,000 SF) is vacant and we have had interest from prospective tenants at market rents. The second unit (Furniture Direct : 11,200 SF) is operating and has 3 years remaining on their initial 10 year lease (ending October 2028), which they would like to renew and are amenable to increase their rent to market value. They currently on a NNN lease with 4% annual increases, plus monthly CAM.The 1.74 AC : 76,230 SF Lot, zoned GC, has a wide range of permitted uses. Included but not limited to department store, religious centers, gyms, spas, multifamily, supermarkets, and recreational uses
Location
State FL
County Palm Beach
Area 5410
Zoning GC(cit
Interior
Heating Central Individual,Electric
Cooling Ceiling Fan,Central Individual,Electric
Flooring Concrete
Fireplaces Type Smoke Alarm,Sprinkler
Exterior
Community Features Presently Leased
Utilities Available 201+ Amp,220,Electric,Public Sewer,Public Water,Separate Meter
Waterfront Description None
Roof Type Built-Up,Other,Steel Joist
Present Use Presently Leased
Building
Story 100.00
Foundation Block,CBS,Concrete
Construction Status Resale
Others
HOA Fee Include Exterior Electric,Grounds/ Plants,Insurance-Bldg,Real Estate Tax,Sales Tax,Trash Removal,Water
Miscellaneous Landscaped,Sprinkler Water
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Financing Cash,Conventional,Exchange
Virtual Tour https://www.propertypanorama.com/2223-Palm-Beach-Lakes-Boulevard-West-Palm-Beach-FL-33409/unbranded