FL > West Palm Beach > Palm Beach Lakes Comm 3
West Palm Beach, FL 33409,2223 Palm Beach Lakes BLVD
West Palm Beach, FL 33409,2223 Palm Beach Lakes BLVD
West Palm Beach, FL 33409,2223 Palm Beach Lakes BLVD
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Team Comerford

Team Comerford

+1(941) 586-3229
Listed by Keller Williams Realty/P B
$8,750,000
Est. payment /mo
8 Baths
27,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 27,200 sqft

Price per Sqft $321

Subdivision Palm Beach Lakes Comm 3

MLS Listing ID RX-11120696

Construction Status Resale

Year Built 1980

Annual Tax Amount $78,788

Tax Year 2024

Lot Size 1.740 Acres

Property Sub-Type Retail

Property Description

The multi-tenant retail storefront is operating with two main units. The building was completely renovated between 2017-2018, roof(2018), and new HVAC's(2025).The first unit (Previously Rock Fitness : 16,000 SF) is vacant and we have had interest from prospective tenants at market rents. The second unit (Furniture Direct : 11,200 SF) is operating and has 3 years remaining on their initial 10 year lease (ending October 2028), which they would like to renew and are amenable to increase their rent to market value. They currently on a NNN lease with 4% annual increases, plus monthly CAM.The 1.74 AC : 76,230 SF Lot, zoned GC, has a wide range of permitted uses. Included but not limited to department store, religious centers, gyms, spas, multifamily, supermarkets, and recreational uses

Location

State FL

County Palm Beach

Area 5410

Zoning GC(cit

Interior

Heating Central Individual, Electric

Cooling Ceiling Fan, Central Individual, Electric

Flooring Concrete

Fireplaces Type Smoke Alarm, Sprinkler

Exterior

Community Features Presently Leased

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

Waterfront Description None

Roof Type Built-Up,Other,Steel Joist

Present Use Presently Leased

Building

Story 100.00

Foundation Block, CBS, Concrete

Construction Status Resale

Others

HOA Fee Include Exterior Electric,Grounds/ Plants,Insurance-Bldg,Real Estate Tax,Sales Tax,Trash Removal,Water

Miscellaneous Landscaped,Sprinkler Water

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Virtual Tour https://www.propertypanorama.com/2223-Palm-Beach-Lakes-Boulevard-West-Palm-Beach-FL-33409/unbranded

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agent
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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