Active

2223 Palm Beach Lakes Boulevard

West Palm Beach FL, 33409

$8,805,380


Active

Commercial

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.

R10451836

MLS ID

July 30, 2018

Listed

March 28, 2024

Updated

Map

2223 Palm Beach Lakes Boulevard
West Palm Beach FL, 33409

Interior Features

Total Stories

1


Floor Description

Carpet, Marble, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

1.75 Acres


Lot Features

City Lot


Roof

Built-Up, Other, Steel Trusses


Sewer

Public Sewer

Other Property Details

Area Name

5410


Taxes

$50,034


Tax Frequency

Annually


Days on Market

1981


Garage

No


View

No


County

Palm Beach County


Water Source

Public


Pool

No


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

3/28/2024

Price Change

$8,805,380

-1%

9/6/2023

Price Change

$8,861,111

13%

Listed by: H. Alan Welles Real Est, LLC
Listing Contact: (561) 301-0600 

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Data last updated 9:34 AM UTC, 3/28/2024

 

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