$1,700,000
Est. payment /mo
3 Baths
511 SqFt
Hold
Tbd S Confidential #101, 102, 103 Lake Worth Beach, FL 33460
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Hold
Purchase Type For Sale
Square Footage 511 sqft
Price per Sqft $3,326
MLS Listing ID R11138693
HOA Y/N No
Year Built 2018
Annual Tax Amount $19,954
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Retail
Property Description
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, café, 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 tax
Unit 102 - Café: 1,196 SF | $3,000 / month | $6,300 annual tax
Unit 103 - Barber: 1,196 SF | $1,800 / month | $3,000 annual tax
Tenants' 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
Each unit is leased to stable tenants — a gym, café, 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 tax
Unit 102 - Café: 1,196 SF | $3,000 / month | $6,300 annual tax
Unit 103 - Barber: 1,196 SF | $1,800 / month | $3,000 annual tax
Tenants' 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
Location
State FL
County Palm Beach
Area 5600
Direction Use Maps
Region Lake Worth Beach
City Region Lake Worth Beach
Interior
Heating None
Cooling Central Air
Flooring Ceramic Tile
Fireplace No
Exterior
Utilities Available Cable Available
Water Access Desc Public
Roof Type Other
Building
Water Public
Level or Stories One
Others
Pets Allowed No
Tax ID Tbd
Security Features Fire Alarm
Acceptable Financing Cash, Conventional, Cryptocurrency
Listing Terms Cash, Conventional, Cryptocurrency
Listed by Sanjay L Wadhwani KMF Business Advisors