300 10Th StLake Park, FL 33403

  • Office properties
  • 5,600 SF
For Lease

Property Details for 300 10Th St

Year built
1978
Construction
CONCRETE
Lot size
0.31 AC
Property size (Sq ft)
5,600 SF
Zone code
C2
Property type
Office properties
Property subtype
Office buildings
APN
36-43-42-20-01-046-0240
APU
36434220010460240

Description

This exceptional Lake Park, Palm Beach County medical office building offers 6,000 square feet of space across two stories in a single building. Built in 1978 and extensively renovated in 2017, the property boasts five suites, with two currently available. The suites are customizable, ranging from a minimum of 500 square feet to a maximum contiguous space of 2,000 square feet. A total of 2,000 square feet is currently vacant, presenting a significant opportunity for immediate occupancy. The building features plentiful parking, ensuring convenient access for patients and staff. Its prime location offers exceptional accessibility, being just minutes from I-95, providing easy ingress and egress for clients and employees. The building's recent renovations ensure a clean, modern aesthetic, ideal for medical practices seeking a professional and welcoming environment. This is a multi-tenant building, offering flexibility for businesses of various sizes. The property is perfectly suited for medical professionals seeking a well-maintained, conveniently located space to establish or expand their practice.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,977,974
    6.5%
    $1,825,822
    7%
    $1,695,406
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,557,808
    Geo Method
    $1,557,808
  • Alternative Use

    Use
    Valuation
    Residential
    $2,264,019
    Hospitality
    $2,073,830
    Educational
    $1,725,402
    Medical
    $1,784,741
    Retail
    $2,683,958
300 10Th St, Lake Park, Florida

Location Insight

City
Lake Park
County
Palm Beach
State
Florida
Latitude
26.795
Longitude
-80.0715
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,974
$226,703
$488,539
$715,242
-
$226,703
$488,539
$715,242

FAQs

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