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301 E Ocean Avenue , Suite 1 & Suite

Lantana, FL 33462
  • $1,399,000
  • STATUS: Active Under Contract
  • ON SITE: 265 Days
  • ID#: RX-10783064
Under Contract
UPDATED: 69 min ago
$1,399,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Description

Location! Location! Location! Just across the street from The Old Key Lime House. Prime office condos like this rarely become available. These two lovely commercial units in a Florida Keys inspired building are currently occupied by a law firm on a 3 year lease. New buyer has the right to end lease with 60 days notice to the tenant. The two units can easily be separated by closing in a doorway / opening. Renting the two units separately should bring in additional income. The units comes with 4 assigned parking spaces as well as plenty of street parking. Don't miss out on this very unique desirable property.

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www.westpalmhomesearch.com/homes/126604558
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301 E Ocean Avenue , Suite 1 & Suite Lantana, FL 33462

  • Price: $1,399,000
  • Status: Active Under Contract
  • On Site: 265 Days
  • Updated: 69 min ago
  • ID#: RX-10783064
0
Beds
0
Baths
0
½ Baths
1
Acres
2006
Built
Neighborhood:
Olde Village Pointe Condo
County:
Palm Beach
Area:
Lantana
Property Description
Location! Location! Location! Just across the street from The Old Key Lime House. Prime office condos like this rarely become available. These two lovely commercial units in a Florida Keys inspired building are currently occupied by a law firm on a 3 year lease. New buyer has the right to end lease with 60 days notice to the tenant. The two units can easily be separated by closing in a doorway / opening. Renting the two units separately should bring in additional income. The units comes with 4 assigned parking spaces as well as plenty of street parking. Don't miss out on this very unique desirable property.
Exterior Features

Construction CbsConcrete Miles To Beach 1 Miles To Expressway 2 Roof Metal Waterfront Description Intracoastal Waterfront YN Yes

Interior Features

Bath Toilets 2.00 Ceiling Acoustic Cooling Central Individual Flooring Ceramic Tile Heating CentralCentral Individual Percent Air Conditioned 100.00 Unit1 Half Baths 2

Property Features

Auction No Available Docs None Available Info Books & RecordsBy-Laws & DocsCopies Of LeaseDrawingsFull FinancialsOwner ManagedTax ReturnTitle/ Abstract Contingent Active Under Contract Contingents Bckup Cntrct/Call La Expenses Common Area Maint 13500.00 Expenses Insurance 3000.00 Expenses Real Estate Taxes 11500.00 Fire Protection Smoke AlarmSmoke DetectorSprinkler For Lease No For Sale Yes Lease AnnualGross RentLong TermSubject To Lease List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Central Business DstCityInvestment Meters 2.00 Monetary Info Gross Oper Income 90000.00 Monetary Info Net Oper Income 62000.00 Possession At Closing Sale Includes None Special Info Presently LeasedTitle Insurance Tax Amount Real Estate Taxes 9500.00 Tax Year 2021 Tenant Pays CableElectricRepairsWater Terms Considered CashConventionalExchange Type Of Building CommercialCommercial CondoCondoIncomeOffice SpaceOffice/ProfessionalOffice/RetailRetail Unit1 Ann Rent 90000.00 Unit1 Units 2 Use IncomeProfessional OfficeRetail Utilities 220CableElectricMunicipal WaterPublic SewerSeparate Meter Zoning M3(Cit

Listing provided courtesy of South Florida R.E. Connection: (561) 351-3040. Listing information © 2022 BeachesMLS
 
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Ryan Jennings Group at Keller Williams Realty
12008 South Shore Blvd.
Wellington FL, 33414