707 6th Avenue S , #1101

    Lake Worth Beach, FL 33460
    • $2,390,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: RX-10574418
    UPDATED: 17 min ago
    $2,390,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,320
      SQFT
    • $179
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Fully occupied 18 unit residential complex with leases in effect. Seventeen 1 bedroom/ 1 bath units and one 2 bedroom/ 1 bath unit, with a community laundry room. This five building complex sits on two 135 x 100 lots, with a lush landscape and 20 parking spaces. Each unit comes with a full appliance package, granite countertops, wood cabinets and travertine bathroom tiles. Other features include second floor impact windows, irrigation and surveillance systems, paver sidewalks, community gazebo, charcoal grills, as well as mini split and central air systems. Completely renovated in 2007, the buildings have been professionally managed and maintained ever since. Each unit maintains its own PCN and the active declaration of condominium documents will convey with the sale. 6.2% Cap rate.

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    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-12-06T17:04:23.237.
    www.bettersouthfloridahomes.com/homes/100456580

    707 6th Avenue S , #1101 Lake Worth Beach, FL 33460

    • Price: $2,390,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: RX-10574418
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    13,320
    SQFT
    $179
    $/SQFT
    1951
    Built
    Neighborhood:
    Artisan Condo
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    Fully occupied 18 unit residential complex with leases in effect. Seventeen 1 bedroom/ 1 bath units and one 2 bedroom/ 1 bath unit, with a community laundry room. This five building complex sits on two 135 x 100 lots, with a lush landscape and 20 parking spaces. Each unit comes with a full appliance package, granite countertops, wood cabinets and travertine bathroom tiles. Other features include second floor impact windows, irrigation and surveillance systems, paver sidewalks, community gazebo, charcoal grills, as well as mini split and central air systems. Completely renovated in 2007, the buildings have been professionally managed and maintained ever since. Each unit maintains its own PCN and the active declaration of condominium documents will convey with the sale. 6.2% Cap rate.
    Exterior Features

    Construction CbsConcrete Miles To Beach 1 Miles To Expressway 1 Roof Comp RolledMixed Waterfront Description None Waterfront YN No

    Interior Features

    Bath Toilets 18.00 Ceiling Sheet Rock Cooling Ceiling FanCentral IndividualWall-Win A/C Flooring LaminateTile Heating Central IndividualElectricOtherWindow/Wall Miscellaneous1 FencedLandscapedLaundrySprinkler City Miscellaneous2 Room Pool Percent Air Conditioned 95.00

    Property Features

    Available Docs Survey Available Info Books & RecordsBy-Laws & DocsCopies Of LeaseDrawingsExisting SurveyFull Financials Built Desc Resale Expenses Insurance 4750.00 Expenses Maint And Repair 15653.00 Expenses Real Estate Taxes 20826.00 Expenses Total Expenses 47958.00 Fire Protection Smoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location City Possession At Closing Sale Includes Building And LandEquipmentFixturesFurniture Security FenceSecurity LightTv Camera Special Info Presently Leased Tax Amount Real Estate Taxes 20826.00 Tax Year 2019 Tenant Pays Electric Terms Considered CashConventional Type Of Building Condo Use IncomeOther Utilities CableElectricLake Worth Drain DstMunicipal WaterPublic SewerSeparate Meter

    Listing provided courtesy of Re/Max Prestige Realty/Lw.

    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-12-06T17:04:23.237.
     
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