Caviar Global Properties - Pompano Beach & Boca Raton Real Estate | Buy or Sell

Courtesy of Bowen Realty, Inc./Wellington.

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415 Federal Hwy Lake Park, FL 33403
$2,750,000
  • beds
  • 0 baths
  • 7,412 sq ft

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Carola Lueder

Carola Lueder

Founder – Executive Director

LIC#BK3187419

Property Description

At the New lower price, this will not last long. This is an impeccably maintained office building on Federal Highway in Lake Park. A rare 7,412 sq ft Freestanding Building with ample parking ( 25 parking spaces ). The building is constructed with CBS walls and Concrete Beams in the Roof. Permitted uses include Medical Offices, Law Offices, CPA’s, Architects, and Financial Services.95% of the units are rented out now, with the potential income of $13,530 per month , $162,360 per year. The owner has spent over $100,000 in that last two years to update this outstanding building.

Property Details & Features

Property Type

  • Commercial Industrial

Year Built

  • 1971

Listing

  • 1-3 Years
  • Source: Palm Beach
  • List price: $2,750,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10719369
  • Listing date: 2021-05-28
  • Status: Active
  • For lease?: No
  • $371 per square foot

Bathrooms

  • 1 total bathroom

House

  • 7,412 total building square feet
  • Built in 1971
  • 1 story
  • 1 unit in building
  • Year built description: Resale
  • Square footage source: SimpleTemplate
  • 8 bays
  • CBS
  • Concrete
  • None
  • Office/Professional
  • Office/Retail
  • Office/Warehouse
  • Retail
  • Storage/ Warehouse
  • Warehouse

Cooling

  • Central

Floors

  • Carpet
  • Vinyl Floor

Heating

  • Central

Interior Features

  • Acoustic

Location

  • County: Palm Beach
  • Subdivision: Kelsey City
  • City

Lot

  • 0 acres

Miscellaneous

  • Electric
  • Water
  • Cash

Property

  • Property type: E
  • Zoning: MU
  • Waterfront: No

Roof

  • Tar/Gravel

Taxes

  • Real estate taxes: $23,873
  • Year: 2020

Utilities

  • 8.00 meter
  • Public Water

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