Bought with Logan Realty Inc
$5,000,000
$6,100,000
18.0%For more information regarding the value of a property, please contact us for a free consultation.
12 Baths
6,718 SqFt
SOLD DATE : 06/07/2023
Key Details
Sold Price $5,000,000
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 6,718 sqft
Price per Sqft $744
Subdivision Palm Beach Shores
MLS Listing ID RX-10835105
Sold Date 06/07/23
Abv Grd Liv Area 28
Year Built 1962
Annual Tax Amount $43,571
Tax Year 2021
Lot Size 0.490 Acres
Property Description
New roof new, AC, electric, refrigerators, new landscaping and freshly painted inside and outThis 12 unit Pool Apartment Building located within 1 block on the Atlantic Ocean and across the street from the Plam Beach Inlet. There are 9 one bedroom units, and 3 studios. 1 Laundry room w/ 2 washers and Dryers, Office, and an Inground Swimming POOL plenty of room for basketball volleyball or tiki hut. There are new seperate electric meters for each unit plus a house meter. The building sits on one of the largest double lots in Palm Beach Shores. A Rare Triplenet Revenue Making Opportunity! 24,000 per month
Location
State FL
County Palm Beach
Area 5240
Zoning DISTRI
Interior
Heating Electric
Cooling Ceiling Fan, Wall-Win A/C
Flooring Ceramic Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available 101-200 Amp
Roof Type Built-Up
Building
Story 100.00
Foundation Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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