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631 Lucerne Avenue

Lake Worth Beach, FL 33460
  • $4,250,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: RX-10759104
UPDATED: 24 min ago
$4,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,125
    SQFT
  • $694
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1921
County:

School Ratings & Info

Description

Your search for a Turnkey Investment ends here. Fully Rented - Fully Furnished - Fully Renovated Office Building in Downtown Lake Worth Beach! This historic property has been thoughtfully restored to a modern, sleek building featuring 23 Executive Suites, 100% occupied w/ annul leases & over 50 virtual office tenants! Smart technology systems including private entry card, office directory, security cameras & high-speed fiber internet are included. Welcoming Entry with a front desk and waiting area, Conference Room & ''Idea Lounge'' & 4 total bathrooms to accommodate both first and second levels. Located in the very trendy and desirable Downtown Lake Worth Beach - you have everything you can be looking for in a secure, successful & lucrative investment.

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www.thefabbrigroup.com/homes/123308244
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631 Lucerne Avenue Lake Worth Beach, FL 33460

  • Price: $4,250,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 24 min ago
  • ID#: RX-10759104
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,125
SQFT
$694
$/SQFT
1921
Built
Neighborhood:
Lake Worth Beach
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Your search for a Turnkey Investment ends here. Fully Rented - Fully Furnished - Fully Renovated Office Building in Downtown Lake Worth Beach! This historic property has been thoughtfully restored to a modern, sleek building featuring 23 Executive Suites, 100% occupied w/ annul leases & over 50 virtual office tenants! Smart technology systems including private entry card, office directory, security cameras & high-speed fiber internet are included. Welcoming Entry with a front desk and waiting area, Conference Room & ''Idea Lounge'' & 4 total bathrooms to accommodate both first and second levels. Located in the very trendy and desirable Downtown Lake Worth Beach - you have everything you can be looking for in a secure, successful & lucrative investment.
Exterior Features

Road City / County Maint

Interior Features

Flooring TileWood Miscellaneous1 Elevator Miscellaneous2 OfficeRear AccessReception Area Offices 23

Property Features

Auction No Available Docs None Available Info AccountingInventory Business Name Emerge Business Type Professional Employees 1 Expenses Include Accounting-LegalAdvertisingOtherPayrollPersonal Prop. TaxProperty InsuranceProperty ManagementReal Estate TaxRepair & MaintenanceUtility-Telephone Fire Protection Smoke Detector License NoneProfessional List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location CityOther Monetary Info Gross Oper Income 341900.00 Monetary Info Net Oper Income 201522.00 Possession At Closing REO No Sale Includes Building & LandBusinessBldg & LndEquipmentInventorySigns Security Entry CardSecurity Sys-Owned Short Sale No Short Sale Addendum No Short Sale AU N/A Special Info Sold As-Is Tax Amount Real Estate Taxes 18630.10 Tax Year 2021 Terms Considered CashConventional Type Of Building Office Space Year Established 2017.00 Zoning Dt(Cit

Listing provided courtesy of Korman Realty Llc. Listing information © 2021 BeachesMLS
 
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