Bought with Coral Real Estate
$400,000
$444,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
1,248 SqFt
SOLD DATE : 10/16/2025
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $320
Subdivision Royal Palm Business Plaza Condo
MLS Listing ID RX-11112932
Sold Date 10/16/25
Year Built 2007
Annual Tax Amount $2,826
Tax Year 2024
Property Sub-Type Office
Property Description
Unit is currently leased with just over 4 years left on the lease. Tenant is currently paying $3,400 per month with a $100 dollars a year increase in the rent maxing out at $3,700. Do not disturb tenant. Unit updated in 2024. Great investment or 1031 Exchange.
Location
State FL
County Palm Beach
Area 5580
Zoning IL(cit
Interior
Heating Electric
Cooling Central
Flooring Laminate
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Public Water
Roof Type Flat Tile
Building
Story 100.00
Foundation Concrete, Pre-Cast
Others
HOA Fee Include Insurance-Bldg
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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