Price History

$7,800,000
7/30/2018

$8,861,111
9/5/2023

$8,805,380
3/28/2024

$12,000,001
8/24/2024


2223 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33409

2223 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33409

2007

27,266 sqft

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.


Status:

Active

Type:

Commercial Lease

Units:

3

Zoning:

Store , GC

Complex:

PALM BEACH LAKES COMM NO 3 IN

Building Type:

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

Heating:

Central, Electric

Cooling:

Central Individual, Electric

Levels:

1

Acreage:

1.75

Est. Taxes:

$50,034

Current Use

Other,Professional Office,Retail

Construction

Block,CBS,Concrete

Utilities

201+ Amp,220,Electric,Public Sewer,Public Water,Separate Meter

Lease Term Type:

1-3 Years,4-6 Years,7-10 Years,Gross Rent,Long Term,Option Available

Owner Pays:

Common Area Maint.,Electric,Sewer,Water

MLS #:

RX-10451836


Community Info

School Info

Walk Score

Yelp


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