1309 W Frangipani Cir - Residential Income FOR SALE


Lake Worth, FL 33462
$599,000 USD
561-445-8444
1309 W Frangipani Cir, Lake Worth, FL for Sale
$599,000 USD
Residential Income - FOR SALE
1/15
null | Request Cap Rate

1309 W Frangipani Cir
Lake Worth, FL 33462


HIGHLIGHTS

  • This property is ideally suited for a Car Collector, Boat or RV Owner or small company that needs storage for equipment and vehicles
  • Close to 95 and US1
  • Concrete block construction

OVERVIEW

Property consists of a 3 bedroom 2 full bathroom rental house upfront, occupied until July 2026 (tenant may want to renew lease) and a large storage garage in rear of property suitable for storing cars, Boat, RV, multiple vehicles (possibly 7-8) in the driveway. This is a great garage area for a Car Collector, Boat owner, Landscape or Construction Equipment storage. Property is close to 95 and near US1, great garage for storage, small office, and half bathroom. Ceiling height is approximately 12-13', commercial grade garage door. The house is approximately 1110 sq ft, the garage is also approx 1110 sq ft. The current owner uses the garage for equipment storage, the tenant in the front house has been a tenant for at least 6 years at the property and would be open to renew the lease for the front house.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

House

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

RM

APN/PARCEL ID

00-43-45-09-11-014-0300

ASK ABOUT THIS PROPERTY

Richard AttenbergRICHARD ATTENBERG REAL ESTATE LLCMore Info
561-445-8444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Richard AttenbergRICHARD ATTENBERG REAL ESTATE LLCMore Info
561-445-8444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.