Tbd Confidential , Lake Worth Beach, FL 33460
0
BEDROOMS
0
BATHROOMS
$1,700,000
LISTING PRICE
SQUARE FOOT
Zoning: DT--DOWNTOWN (3
MLS #: RX-11138693
Subdivision: ONE LUXURY CONDO
For More Information Call: 561-283-4663
High-yield, income-producing 3-unit commercial condo portfolio in the South Palmway / Bryant Park corridor of Lake Worth Beach, Florida.Each unit is leased to stable tenants -- a gym, cafe, and barber shop -- on active 3-year leases with annual 5 % rent increases and renewal options.Unit 101 - Gym: 1,022 SF | $4,000 / month | $6,800 annual taxUnit 102 - Cafe: 1,196 SF | $3,000 / month | $6,300 annual taxUnit 103 - Barber: 1,196 SF | $1,800 / month | $3,000 annual taxTenants' monthly payments include the $755 CAM fee (insurance, property taxes & HOA) for hands-off management and predictable cash flow.Built in 2018, the property features modern design, high ceilings, tile floors, and central A/C. Steps from Bryant Park, the Intracoastal Waterway, and
This listing is courtesy of KMF Business Advisors. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach,0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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