Price Reduction
Address
415 Federal Hwy Lake Park, FL
Price
$ 2,750,000
Property Attributes
  • MLS#RX-10719369
  • TypeCommercial
  • CountyPALM BEACH
  • CityLake Park
  • Area5270
  • NeighborhoodKelsey City
  • Zip33403
  • StyleMixed,Professional Office,Retail
  • Year Built1971
  • Taxes$ 23873
  • Price$ 2,750,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage7412
Listing Provided Courtesy Of:
Bowen Realty, Inc./Wellington
Data Source:
Beaches MLS
Property Description

At the New lower price, this will not last long. This is an impeccably maintained office building on Federal Highway in Lake Park. A rare 7,412 sq ft Freestanding Building with ample parking ( 25 parking spaces ). The building is constructed with CBS walls and Concrete Beams in the Roof. Permitted uses include Medical Offices, Law Offices, CPA's, Architects, and Financial Services.95% of the units are rented out now, with the potential income of $13,530 per month , $162,360 per year. The owner has spent over $100,000 in that last two years to update this outstanding building.

Price History
5/28/2021 Listed $3,300,000
7/14/2021 10% - $3,000,000
7/31/2021 9% - $2,750,000

General Features

Area 5270
Auction No
Built Desc Resale
Construction CBS, Concrete
Cooling Central
Flooring Carpet, Vinyl Floor
For Lease No
Geo Area PB26
Geo Lat 26.796113
Geo Lon -80.054124
Heating Central
Legal Description KELSEY CITY LTS 1 THRU 5 (LESS W 20 FT US 1 RD R/W), WLY 96.21 FT OF LTS 18 & 19 & W 95 FT OF LTS 20 THRU 22 BLK 116
Location City
Possession Negotiable
Property Type E
Roof Tar/Gravel
Status Active
Stories 1.0
Subdivision Kelsey City
Tax Year 2020
Tenant Pays Electric, Water
Terms Considered Cash
Type Commercial Industrial
Type Of Building Office/Professional, Office/Retail, Office/Warehouse, Retail, Storage/ Warehouse, Warehouse
Use Mixed, Professional Office, Retail
Utilities Public Water
Virtual Tour https://www.propertypanorama.com/415-Federal-Hwy-Lake-Park-FL-33403/unbranded
Waterfront No
Year Built 1971
Zoning MU

Interior Features

Ceiling Acoustic
Total Number of Units 1

Exterior Features

Sale Includes None
Lot Size 0.51
Property Desc Office/Retail

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33403

Price
AVG $1.07M
$2.75M
Taxes
AVG $17,065
$23,873
Visits
AVG 214
110
Year Built
AVG 1979
1971
Walkscore
AVG 61
71
Data Provided by Walkscore ® not using MLS data