1248 S Military Trail, West Palm Beach, FL 33415
$4,900,000
Property Type:
Comm/Industry
Baths:
2
Square Footage:
2,506
Status:
Active
Current Price:
$4,900,000
Last Modified:
4/12/2024
Description
The property has 2 tenants with 2+ years remaining in their lease.
Additionally there are drawings and permits approved by the county to construct a 16,000+ Square Feet Medical Facility.
More Information MLS# RX-10977306
Contract Information
Status: Active
Original List Price: 4900000
Auction: No
List Price: $4,900,000
Current Price: $4,900,000
List Price/Bldg SqFt: 1955.31
Listing Date: 2024-04-09
Comm/Non-Rep: 2.0%
Comm/Buyer Agent: 2.0%
Comm/Trans Brk: 2.0%
General Property Description
Type: Office
For Sale: Yes
For Lease: No
Property Desc: BLDG W/2+ ACRES LAND
Year Built: 1957
Built Desc: Resale
SqFt - Living: 2506
SqFt Source: Tax Rolls
# of Stories: 1
Total Units: 2
Baths - Total: 2
Acres: 2.12
% Air Conditioned: 85
Waterfront: No
Location, Tax & Legal
Area: 5510
Geo Area: PB22
Country: United States
County: Palm Beach
Parcel ID: 00424412000001020
Street #: 1248
Street Dir: S
Street Name: Military
Street Suffix: Trail
State/Province: FL
Zip Code: 33415
Multiple Ofrs Acptd: Yes
Zoning: CG
Legal Desc: 12-44-42, N 150 FT OF NW 1/4 OF SW 1/4 OF NE 1/4 (LESS W 53 FT S MILITARY TRL R/W)
Tax Year: 2023
Real Estate Taxes: 18193.7
Geo Lat: 26.658747
Geo Lon: -80.111487
Remarks & Misc
Directions: East side of Military Trail, between Foresthill Blvd and Summit Blvd.
Office/Member Info
DXORIGMLNO: RX-10977306
DXORIGMLSID: RML
Building Info
# of Tenants: 2
Miles to Expressway: 6
Miles to Beach: 10
Monetary Info
Gross Sched Income: 144000
Inc/Exp Stmnt Period: 2024
Source of Expenses: Owner
Expenses
R.E. Taxes: 18194
Unit 1
Half Baths: 2
Property Features
Use: Retail
Type of Building: Free Standing; Retail
Construction: CBS
Sale Includes: Building and Land; Signs
Avail Docs: None
Miscellaneous 1: Fenced
Miscellaneous 2: Office; Private Restroom; Rear Access; Traffic Auto
Flooring: Carpet; Ceramic Tile; Wood Floor
Cooling: Central Individual
Heating: Central Individual
Fire Protect: None
Special Info: Presently Leased
Tenant Pays: Janitorial; Water
Utilities: Public Water; Septic; 101-200 Amp
Maintenance Fee Incl: Grounds/ Plants; Insurance-Bldg; Lawn Care
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Lease: Long Term; Month to Month; 1-3 Years
Possession: Funding
Listing Office: Century 21 Tenace Realty
Last Updated: April - 12 - 2024
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