Bought with Paradise Real Estate Intl
$1,678,900
$550,000
205.3%For more information regarding the value of a property, please contact us for a free consultation.
11420 Okeechobee BLVD Royal Palm Beach, FL 33411
3 Baths
8,747 SqFt
Key Details
Sold Price $1,678,900
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,747 sqft
Price per Sqft $191
Subdivision Willows Pb 29 P 102 Thru 106
MLS Listing ID RX-10703421
Sold Date 11/29/21
Construction Status Resale
Abv Grd Liv Area 24
Year Built 1984
Annual Tax Amount $28,222
Tax Year 2020
Lot Size 1.160 Acres
Property Description
IMPRESSIVE EXPOSURE OF 44,000 TRIPS/ DAY (2019 FDOT AADT) ON OKEECHOBEE BLVD, WILLOWS PLAZA IS A GREAT OPPORTUNITY TO OWN 8,747 SF RETAIL/PROFESSIONAL CENTER. ON OVER AN ACRE OF LAND WITH GENEROUS PARKING (42 SPACES OR 4.8/1000). 5 BAYS TOTAL. CURRENT TENANTS INCLUDE PRINT-IT-PLUS AND FEET ON FIRE DANCE STUDIO. UPSIDE POTENTIAL WITH SPACE A (3,152 SF) AVAILABLE TO BE LEASED AT MARKET RENT. GREAT FOR AN INVESTOR OR OWNER-USER. PROPERTY IS BEING SOLD THROUGH AN ONLINE AUCTION; EVENT TO BE HELD OCT 25-27, PRICE IS SUBJECT TO A 3% BUYER'S PREMIUM TO BE PAID BY BUYER AT CLOSING. PRE-AUCTION DEALS ARE WELCOMED. ***PRICE LISTED IS AUCTION MINIMUM BID***
Location
State FL
County Palm Beach
Area 5530
Zoning CN
Interior
Heating Other
Cooling Electric
Flooring Other
Fireplaces Type Smoke Detector
Exterior
Community Features City Jurisdiction, Corporate Owned
Utilities Available Electric
Roof Type Other
Present Use City Jurisdiction,Corporate Owned
Building
Story 100.00
Foundation Other
Construction Status Resale
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Financing Cash,Exchange
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