Industrial Space /FL /Palm Beach County /Lake Worth Beach /3677 23rd Ave S
Industrial Space /FL /Palm Beach County /Lake Worth Beach /3677 23rd Ave S

3677 23rd Ave S - Distribution CONDO FOR SALE


Lake Worth Beach, FL 33461 | 
$1,500,000 USD
561-573-7083
3677 23rd Ave S, Lake Worth Beach, FL for Sale
$1,500,000 USD
Distribution CONDO - FOR SALE
1/3
null | 5.25% Cap Rate
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3677 23rd Ave S
Lake Worth Beach, FL 33461

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HIGHLIGHTS

  • 21st Century, storm-ready flex space
  • Offices and restrooms already built
  • Near I95, PBIA and everywhere!

OVERVIEW

2025 rental income is $116,400. 2025 expenses include condo fees of $15,600 and real estate taxes of $16,200. Factoring in a 5% contingency for possible expenses, the cash-on-cash return is just over 5%.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$341 USD /SF

CAP RATE

5.25%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marlin Commerce Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

undefined, Showroom, Light Distribution

TOTAL BUILDING SIZE

13,626 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

I-POC

APN/PARCEL ID

38-43-44-20-28-002-1030

ASK ABOUT THIS PROPERTY

Christina MorrisonChristina Morrison, P.A., CPMMore Info
561-573-7083

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Christina MorrisonChristina Morrison, P.A., CPMMore Info
561-573-7083

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

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