1920 Palm Beach Lakes BlvdWest Palm Beach, FL 33409

Property Details for 1920 Palm Beach Lakes Blvd

Year built

1976

Property size (Sq ft)

695 SF

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7164

Longitude

-80.0909

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