2223 Palm Beach Lakes Boulevard, West Palm Beach Property Listing: MLS® #RX-10451836
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2223 Palm Beach Lakes Boulevard, West Palm Beach, FL – $5,999,999

  • $6M Price
  • 27,266 Sqft
  • Acres
  • $6M Price
  • 27,266 Sqft
  • Acres

Andrew Brindisi

Cell: 561-290-9543

2223 Palm Beach Lakes Boulevard

9+CAP; CURRENTLY 100% OCCUPIED HOWEVER, DUE TO COVID TENANTS ARE PAYING LOWER RENTS FOR A SHORT TIME AND ARE NOT PAYING PER LEASE AGREEMENT WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. OWNER IS MOTIVATED TO SELL BRING ALL CASH OFFERS. 27, 500 SF (16,500 SF) Leased to Rock Fitness Gym (GYM HAS LEGAL RENT STIPULATION AND IF NOT FOLLOWED WILL BE REMOVED VIA COURT ORDER WITHOUT ANY FURTHER HEARINGS) and (11,000 SF) Leased to Furniture Direct ( STIPULATION CURRENTLY BEING NEGOTIATED)(5 locations in S. FL) Both tenants have new 10+ year leases with options. The Retail property was completely renovated between 2017 - 2018 including a new roof.

Essential Information

  • MLS® #RX-10451836
  • Price$5,999,999
  • Square Footage27,266
  • Acres1.75
  • Year Built2007
  • TypeCommercial
  • StatusActive

Sub-Type

Retail, Professional Office, Other

Style

Commercial, Income, Medical, Office/Retail, Restaurant, Retail, Shopping Center, Special Purpose

Community Information

  • Area5410
  • SubdivisionPALM BEACH LAKES COMM NO 3 IN
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33409

Address

2223 Palm Beach Lakes Boulevard

Amenities

Utilities

3-Phase Electric, Public Sewer, Public Water, 201+ Amp, 220, Separate Meter

Waterfront

Canal Width 1-80 Feet, Interior Canal

Interior

  • AppliancesBuilding and Land, Signs
  • HeatingCentral, Electric
  • CoolingCentral Individual, Electric
  • # of Stories1

Exterior

  • Lot Description5500 SF retail/ofc
  • RoofOther, Built-Up, Steel Joist
  • ConstructionBlock, CBS, Concrete

Additional Information

  • ZoningStore , GC

Listing Details

  • OfficeH. Alan Welles Real Est, LLC
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Price Change History for 2223 Palm Beach Lakes Boulevard, West Palm Beach, FL (MLS® #RX-10451836)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Increased from $5,466,000 to $5,999,999 $533,999 (9.77%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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Listing information last updated on June 13th, 2021 at 4:07pm EDT.

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