Price Reduction
Address
1501 Division Avenue West Palm Beach, FL
Price
$ 550,000
Property Attributes
  • MLS#RX-10658792
  • TypeCommercial
  • CountyPALM BEACH
  • CityWest Palm Beach
  • Area5410
  • NeighborhoodFreshwater 11Th & 12Th Ave Add
  • Zip33401
  • StyleProfessional Office,Retail
  • Year Built1950
  • Taxes854
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3926
Listing Provided Courtesy Of:
Touchstone-Webb Realty Co.
Property Description

***Motivated Seller! New Roof, July 2020. Available For Lease, $6,500 NNN. The property has been running as a Day Care Facility for over 3 years. The property is located on a corner lot, 0.3 of an acre and includes a 3,926 square foot Day Care with onsite and street parking. Day care capacity is 85 children. Located two blocks from Palm Beach Lakes Blvd with easy access to I-95 and Downtown West Palm Beach. Owner also owns 800 14th St directly across the street also for sale at an 10.3% cap rate.

Price History
9/28/2020 Listed $775,000
10/8/2020 13% - $675,000
10/30/2020 19% - $550,000

General Features

Area 5410
Auction No
Built Desc Resale
Cooling Central, Central Individual
Flooring Other, Tile
For Lease Yes
Geo Area PB23
Geo Lat 26.726663
Geo Lon -80.059326
Heating Central Individual
Legal Description FRESHWATER 11TH & 12TH AVE ADD LTS 13 & 14 BLK 39
Possession At Closing
Property Type E
Roof Comp Shingle
Status Active
Stories 1.0
Subdivision FRESHWATER 11TH & 12TH AVE ADD
Tax Year 2020
Tenant Pays None
Terms Considered Cash, Conventional, Other
Type Retail
Type Of Building Commercial, Office/Professional, Other, Retail, Special Purpose
Use Other, Professional Office, Retail
Utilities Electric, Other, Public Sewer, Public Water, Separate Meter
Year Built 1950
Zoning MF14(c

Interior Features

Total Number of Units 1

Exterior Features

Sale Includes Building and Land
Lot Size 0.31
Property Desc Retail

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33401

Price
AVG $570K
$550K
Visits
AVG 40
18
Year Built
AVG 1973
1950
Walkscore
AVG 81
71
Data Provided by Walkscore ® not using MLS data

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