308 S H Street Lake Worth Beach, FL ^$ 2,450,000

308 S H Street

^$ 2,450,000

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308 S H Street

Lake Worth Beach, FL, 33460

^$ 2,450,000

Studio Baths3.0 Sq 6,000

Monthly Estimate*

^$ 17,114

308 S H Street, Lake Worth Beach, FL 33460 - Image 1

308 S H Street, Lake Worth Beach, FL 33460 - Image 2

308 S H Street, Lake Worth Beach, FL 33460 - Image 3

308 S H Street, Lake Worth Beach, FL 33460 - Image 4

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Studio Commercial Property for sale in Lake Worth Beach, FL for $2,450,000 with 3 full baths. This 6,000 square foot building was built in 1989.

***7% CAP RATE*** *Fully leased NNN Industrial Investment Opportunity! *2 Possible Scenarios: -FULLY LEASED 3 Tenants with 5-year NNN leases - PARTIALLY LEASED 2 Tenants with 5-year NNN leases *Recently renovated *Zoned: AI - Artisanal Industrial Mechanic OK

Commercial Active

Price

^$ 2,450,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 14,220

Style

Industrial

Year Built

1989

Town/City

Lake Worth Beach

County/Region

PALM BEACH

MLS | Web ID

RX10935755

Features

General

Construction CBS Concrete

Heating No Heat

Cooling Wall-Win A/C

Utilities 220 Cable Electric Public Sewer Public Water Water Available

Possession At Closing

Roof Pre-Stressed Tar/Gravel

Zoning AI - ARTISANAL

Security TV Camera

Status Active

Year Built 1989

Subdivision LAKE WORTH TOWN OF

Stories 1.0

Type Industrial

Property Type E

Area 5630

Auction No

Tax Year 2023

Terms Considered Cash Conventional Cryptocurrency

Use Industrial

Virtual Tour https://www.propertypanorama.com/308-S-H-Street-Lake-Worth-Beach-FL-33460/unbranded

Geo Area PB16

Legal Description TOWN OF LAKE WORTH LTS 12 TO 14 INC BLK 119

Exterior

Waterfront No

Lot Size 0.23

Interior

Flooring Concrete

Ceiling Exposed

Total Number of Units 3

Internal Only

OriginalMLSID RX-10935755

* Excluded Features

List By

Alan Taylor Riddle

Listing Agent

Riddle & Co.

Broker

alan@alanriddlerealestate.com

Affordability Calculator

$18,299

Per Month

Monthly Principal & Interest: $17,114
Monthly Property Taxes: $1,185
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake Worth, FL

Average List Price ^$1,002,559

Percent of Sale Price 59%

About Lake Worth, FL

36,971 Population

4% Since 2002

^$38,880 Median Income

38.36 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

368239 Elementary School

368240 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2024	$2,450,000	-9.26%	Price Down
11/13/2023	$2,700,000		Listed Price

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308 S H Street, Lake Worth Beach, FL, 33460 is a Commercial Property for sale at $2,450,000 with 6,000 sqft. 308 S H Street is a studio with 3.0 baths and was built in 1989. The property's zip code is 33460 which is in Lake Worth Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of BeachesMLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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