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631 Lucerne Avenue

Lake Worth Beach, FL 33460
  • $4,250,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: RX-10758998
$4,250,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,125
    SQFT
  • $694
    $/SQFT
Neighborhood:
Type:
Commercial
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.bestbrowardrealestate.com/homes/123296511
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631 Lucerne Avenue Lake Worth Beach, FL 33460

  • Price: $4,250,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: RX-10758998
0
Beds
0
Baths
0
½ Baths
0.08
Acres
6,125
SQFT
$694
$/SQFT
1921
Built
Neighborhood:
Lake Worth Town Of
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

Roof Other

Interior Features

Bath Toilets 4.00 Cooling Central Flooring TileWood Floor Heating Central Miscellaneous1 Elevator Offices 23 Percent Air Conditioned 100.00

Property Features

Auction No Available Docs None Available Info Books & RecordsCopies Of LeaseEquipment InventoryInventoryOwner ManagedPhotos Fire Protection Smoke Detector For Lease No For Sale Yes Lease Annual List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Monetary Info Gross Oper Income 341900.00 Monetary Info Net Oper Income 201522.00 Monetary Info Source Of Expenses Owner Possession At Closing Sale Includes Building And LandEquipmentFixturesFurnitureInventorySignsTrade Name Security Entry CardSecurity Sys-Owned Special Info Presently Leased Tax Amount Real Estate Taxes 18630.10 Tax Year 2021 Tenant Pays None Tenants 23 Terms Considered CashConventional Type Of Building Office/Professional Use Professional Office Utilities Other Zoning Dt(Cit

Listing provided courtesy of Korman Realty Llc. Listing information © 2021 BeachesMLS
 
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The Teri Arbogast Team at Keller Williams Partners SW
2000 NW 150th Ave Suite 1100
Pembroke Pines FL, 33028