719 Northlake Boulevard, North Palm Beach, FL 33408
Foreclosure
$40.00/SF/year
Active for Sale
| Listing ID |
1000013062 |
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| Property Type |
Commercial |
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| County |
Palm Beach |
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Located in the heart of North Palm Beach, 719 Northlake Boulevard offers a unique commercial opportunity. This 1-story, 2-unit building is situated in a desirable location, with a total of 3,000 square feet of leaseable space. The property features a flat roof and rubber roofing, with sewer and water services provided by the city. The building is currently occupied, and the owner is motivated to sell. The property has a total annual gross income of $120,000, with a net operating income of $113,000. Annual expenses total $7,000, with a reserve expense of $5,000 and a legal expense of $2,000. The property also has an annual tax total of $17,000. Key features of the property include: * 1-story, 2-unit building * 3,000 square feet of leaseable space * City sewer and water services * Flat roof with rubber roofing * Owner financing available This commercial property is being offered for sale at $2,000,000. With its desirable location and potential for income generation, 719 Northlake Boulevard is an attractive opportunity for investors and business owners.
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- Rubber Roof
- Flat Roof
- Municipal Water
- Municipal Sewer
- Simon Gray Realty (Business Name)
- Class: 1 Story, 2 Unit Building
- Uses: Office, Medical, Retail
- 5% Cap. Rate
- Gross Income $120,000
- Net Income $113,000
- Legal Exp $2,000
- Total Exp $7,000
- $17,000 Total Tax
- -$0 per month Maintenance
Listing data is deemed reliable but is NOT guaranteed accurate.
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