For Sale
$184,990

1920 Palm Beach Lakes BlvdWest Palm Beach, FL 33409

695 SF Office, Great Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This 695-square-foot office building in West Palm Beach, Florida, presents a compelling investment opportunity. Located at 1920 Palm Beach Lakes Boulevard, zip code 33409, this single-unit property, built in 1976, is currently leased. The tenant is under a lease agreement extending until July 31, 2025, with a monthly rent of $1400 until July 31, 2024, and $1500 thereafter. There is a possibility of early lease termination by mutual agreement between the tenant and the buyer. The asking price for this property is $184,990. The property's location in West Palm Beach offers convenient access to major roadways and amenities. This is an excellent opportunity for investors seeking a stable income stream with potential for future growth. The property sits on a lot with zero square footage, indicating the building likely shares land with other structures. This turnkey investment is ready for a new owner to step in and benefit from the existing lease. The property's age provides an opportunity for potential future renovations or upgrades to increase value. Serious inquiries are encouraged.

Highlights

  • $184,990 asking price for this office property.
  • 695 square foot office space.
  • Single-unit office building.
  • Built in 1976.
  • Located at 1920 Palm Beach Lakes Boulevard, West Palm Beach, FL 33409.
  • Tenant occupied with lease expiring 7/31/25; current rent $1400/month (7/31/24) and $1500/month (7/31/25); early termination possible by mutual agreement.

Property Details for 1920 Palm Beach Lakes Blvd

Property type
Office properties
Square Feet
695 SF
Year Built
1976
Units
1

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7163763
Longitude
-80.0909143
1920 Palm Beach Lakes Blvd, West Palm Beach, Florida

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1920 Palm Beach Lakes Blvd
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