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Wade M. Berlin

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3677 23rd Avenue B107
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PRICED AT ONLY: $1,560,000

Address: 3677 23rd Avenue B107, Lake Worth Beach, FL 33461

Description

21st Century light industrial condo for investor who wants easy income. This property has all concrete exterior walls, impact resistant glass doors and windows, wind tested overhead doors and new roof systems all in place. Interior has offices and restrooms already built.Tenant has a 5 year lease with two 5 year options with first year return of over 5% and rent increases annually.PERFECT for investor since this is a sale leaseback with a well established pharma company. If you have a 1031 Buyer, please bring them here easy income/ownership since Association takes care of everything outside and Tenant takes care of everything inside.Property is in a park like setting and is fenced and gated. New roof, newly sealed and painted buildings, and reserves in place.
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  • MLS#: RX-11133808 ( Flex Space )
  • Street Address: 3677 23rd Avenue B107
  • Viewed: 1
  • Price: $1,560,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2007
  • Bldg sqft: 0
  • Days On Market: 1
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Features
Building and Construction
  • Absolute Longitude: 80.079309
  • Ceiling: Height Varies
  • Construction: Concrete
  • Flooring: Concrete
  • Roof: Built-Up
  • Sqft Source: Floor Plan
  • Total Building Sqft: 4348.00
  • Type Of Building: Commercial Condo, Income, Office/Warehouse
Property Information
  • Property Condition: Resale
  • Property Desc: Lt. Industrial condo
  • Property Group Id: 19990816212135227274000000
Utilities
  • Air Conditioned: 20.00
  • Cooling: Electric
  • Fire Protect: Smoke Alarm, Smoke Detector, Sprinkler
  • Heating: Other
  • Number Of Meters: 2.00
  • Num Of Stories: 1.5
  • Security: Fence, Gate - Unmanned
  • Utilities: Electric, Municipal Water, Public Sewer
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Janitorial, Repairs
Other Features
  • Annual Association / Condo Dues: 14640.00
  • Avail Docs: Aerial, Survey
  • Avail Info: By-Laws & Docs, Copies of Lease, Existing Survey, Photos
  • Country: United States
  • Legal Desc: MARLIN COMMERCE CENTER CONDOMINIUM UNITS B107 & B108
  • Location: City, Commerce Park
  • Miscellaneous 1: Landscaped, Sprinkler Water
  • Miscellaneous 2: Meeting Room, Office, Overhead Doors, Private Restroom, Rear Access, Separate Office Area
  • Multiple Ofrs Acptd: No
  • Parcel Id: 38434420280021070
  • Possession: Lease Back
  • Sale Includes: None
  • Special Info: City Jurisdiction, Corporate Owned, Presently Leased, Use Conforms to Zone
  • Unit Number: B107
  • Use: Industrial, Mixed
  • Zoning: LTI
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin