700 N Tamarind #1-12
West Palm Beach, FL 33401
$4,500,000
Sq. Ft.: N/A
Type: Commercial
Listing #R11097953
Property located in Downtown West Palm Beach large asset This asset is great for a new or seasoned investor, 22 units total, 3 parcels, 3 bldgs. 700 N Tamarind Ave (12 units, 8/1BR & 4/2 BR) 925 6th St (4 units, 2 BR) & 919 6th St (5 units 4/2 BR 1/5 bedrooms), newer roof on 700 blgd, all units leased, this has the cap rate, size, location and long or short term potenial. The 3 blgd's must be sold together. Located in the silicone valley of 2025 Palm Beach County, all CBS, well maintained, all the work has been done, just start making money at closing, serious buyers only, appointments availble to show. Great for AIR B&B, Coporate lodging, 700 Building zoned res/commercial, the opportunity and pontential is huge. Motivated seller, mortgage assumption available, NO SELLER FINANCING.
Property Features
County: Palm Beach
MLS Area: 5420
Latitude: 26.719299
Longitude: -80.061718
Geo Area: PB20
Directions: North of Banyan on Tamarind Ave & 6th Street
Heating: Electric
Cooling: Electric, Wall/Window Unit(s)
Floors: Ceramic Tile, Laminate
Tenant Pays: Cable TV, Electricity
Total Number of Units: 12
Features: Fenced Area
Ceiling Height: 10.0
Is New Construction: No
Construction: Block, Stucco, CBS
Roof: Composition
Water Source: Public
Septic or Sewer: Public Sewer
Electric: Three Phase
Utilities: Cable Available, Water Available
Security Features: Smoke Detector(s), Security Fence, Security Lights, S
Sprinklers: City Sprinkler System
Site Description: Central Business District, City Location, County Location, Near Airport
Lot Features: Landscaped
Lot Size in Acres: 0.16
Lot Size in Sq. Ft.: 6,969
Zoning: NWD-5--NORTHWEST
Condition: Resale
Building Total Area (Sq. Ft.): 6,480
Number of Stalls: 0
Possession: Negotiable
Property Type: COM
Property SubType: Multi Family
Year Built: 1952
Status: Active
Tax Year: 2024
Tax Amount: $15,910.9
Inclusions: Building, Fixtures, Land
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Listing Courtesy of RE/MAX Direct
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