About 3677 23rd Av S #b107
21st Century light industrial condo for investor who wants easy income. This property has all concrete exterior walls, impact resistant glass doors and windows, wind tested overhead doors and new roof systems all in place. Interior has offices and restrooms already built.Tenant has a 5-year lease with two 5-year options with first year return of over 5% and rent increases annually.PERFECT for investor since this is a sale-leaseback with a well-established pharma company. If you have a 1031 Buyer, please bring them here - easy income/ownership since Association takes care of everything outside and Tenant takes care of everything inside.Property is in a park-like setting and is fenced and gated. New roof, newly sealed and painted buildings, and reserves in place.
Features of 3677 23rd Av S #b107
| MLS® # | RX-11133808 |
|---|---|
| Price | $1,560,000 |
| Square Footage | 4,348 |
| Acres | 4.00 |
| Year Built | 2007 |
| Type | Commercial |
| Sub-Type | Industrial, Mixed |
| Style | Commercial Condo, Office/Warehouse, Income |
| Status | New |
Community Information
| Address | 3677 23rd Av S #b107 |
|---|---|
| Area | 5660 |
| Subdivision | MARLIN COMMERCE CENTER CONDOMINIUM |
| City | Lake Worth Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33461 |
Amenities
| Utilities | 3-Phase Electric, Public Sewer, Municipal Water |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | None |
|---|---|
| Heating | Other |
| Cooling | Electric |
| # of Stories | 2 |
Exterior
| Lot Description | Lt. Industrial condo |
|---|---|
| Roof | Built-Up |
| Construction | Concrete |
Additional Information
| Zoning | LTI |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Christina Morrison PA |
|---|