Commercial property in West Palm Beach, Florida № 103172
82
ID103172
$ 6 255 357
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
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.MLS #: R10451836
West Palm Beach - Statistics
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| Parameters | West Palm Beach |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 700.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 825.00 |
| Apartment (3 bedrooms) in City Centre | $ 4 933.33 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 500.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 284.00 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 284.00 |
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| Parameters | West Palm Beach |
|---|---|
| Crime Index | 57.42 |
| Traffic Commute Time Index | 30.92 |
| Restaurant Price Index | 66.91 |
| Property Price to Income Ratio | 4.62 |
| Climate Index | 88.04 |
| Safety Index | 42.58 |
| Traffic CO₂ Index | 8046.50 |
| Traffic Inefficiency Index | 146.30 |
| Rent Index | 64.99 |
| Health Care Index | 67.18 |
| Traffic Index | 145.22 |
| Pollution Index | 43.01 |
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| Parameters | West Palm Beach |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 17.99 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 80.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 9.00 |
| Domestic Beer (0.5 liter draught) | $ 6.00 |
| Imported Beer (0.33 liter bottle) | $ 6.25 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.83 |
| Water (0.33 liter bottle) | $ 2.33 |
| Cappuccino (regular) | $ 5.00 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.11 |
| Loaf of Fresh White Bread (500g) | $ 3.63 |
| Eggs (regular) (12) | $ 3.94 |
| Local Cheese (1kg) | $ 11.32 |
| Water (1.5 liter bottle) | $ 1.72 |
| Bottle of Wine (Mid-Range) | $ 13.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 3.06 |
| Cigarettes 20 Pack (Marlboro) | $ 8.00 |
| Apples (1kg) | $ 5.03 |
| Chicken Fillets (1kg) | $ 11.31 |
| Oranges (1kg) | $ 5.24 |
| Potato (1kg) | $ 2.83 |
| Lettuce (1 head) | $ 2.08 |
| Rice (white), (1kg) | $ 4.59 |
| Tomato (1kg) | $ 4.24 |
| Banana (1kg) | $ 1.66 |
| Onion (1kg) | $ 2.86 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 14.65 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.00 |
| Monthly Pass (Regular Price) | $ 0.00 |
| Gasoline (1 liter) | $ 0.91 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 26 763.00 |
| Taxi Start (Normal Tariff) | $ 2.50 |
| Taxi 1km (Normal Tariff) | $ 1.90 |
| Taxi 1hour Waiting (Normal Tariff) | $ 35.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 25 182.79 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 167.39 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 60.19 |
| $ 43.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 640.09 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 50.00 |
| Tennis Court Rent (1 Hour on Weekend) | $ 0.00 |
| Cinema, International Release, 1 Seat | $ 15.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 46.84 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 37.50 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 80.41 |
| 1 Pair of Men Leather Business Shoes | $ 100.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 100.00 |
| International Primary School, Yearly for 1 Child | $ 5 250.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityWest Palm Beach
Address2223 Palm Beach Lakes Boulevard
TypeCommercial property
Completion dateIV quarter, 2007
Price
- Price
- per m²
$ 6 255 357
- EUR €
- USD $
- RUB ₽
- GBP £
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