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    1200 S Federal Highway , #201

    Boynton Beach, FL 33435
    • $240,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: RX-10643413
    UPDATED: 32 min ago
    $240,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,066
      SQFT
    • $225
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1982
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT TENANT IN PLACE. 1066 square foot office condo generating NOI of $19,448, a cap rate of 8.1%. Proforma cap rate reflecting post sale property tax is 7.54%. Great desirable location building backs onto the intracoastal. Call LA for showing.

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    www.treasurepropertygroup.com/homes/108475099
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    1200 S Federal Highway , #201 Boynton Beach, FL 33435

    • Price: $240,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: RX-10643413
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,066
    SQFT
    $225
    $/SQFT
    1982
    Built
    Neighborhood:
    Colonial Center Condo
    County:
    Palm Beach
    Area:
    Boynton Beach
    Property Description
    GREAT INVESTMENT TENANT IN PLACE. 1066 square foot office condo generating NOI of $19,448, a cap rate of 8.1%. Proforma cap rate reflecting post sale property tax is 7.54%. Great desirable location building backs onto the intracoastal. Call LA for showing.
    Exterior Features

    Loading Docks 0 Roof Barrel Waterfront Description Intracoastal Waterfront YN Yes

    Interior Features

    Bath Toilets 0.00 Ceiling Height 12 Cooling Other Flooring Other Heating Other Miscellaneous2 Office Offices 1 Percent Air Conditioned 100.00

    Property Features

    Available Docs None Available Info Copies Of Lease Built Desc Resale Expenses Common Area Maint 6000.00 Expenses Insurance 1100.00 Expenses Real Estate Taxes 4352.00 Expenses Total Expenses 11452.00 Fire Protection None For Lease No For Sale Yes Lease Subject To Lease List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Monetary Info Gross Oper Income 30900.00 Monetary Info Gross Sched Income 30900.00 Monetary Info Inc Exp Stmnt Period Current Monetary Info Net Oper Income 19448.00 Monetary Info Source Of Expenses Owner Monetary Info Total Expenses 11452.00 Monetary Info Vacancy Rate 0.00 Possession At Closing Sale Includes None Special Info Presently Leased Tax Amount Real Estate Taxes 4352.34 Tax Year 2019 Tenant Pays Electric Terms Considered Conventional Type Of Building Commercial CondoOffice SpaceOffice/Professional Use Professional Office Utilities Other

    Listing provided courtesy of Signature Commercial Real Estate Llc. Listing information © 2020 BeachesMLS
     
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    Treasure Property Group LLC
    579 N State Road 7
    Royal Palm Beach FL, 33411