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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2701 Okeechobee Boulevard , West Palm Beach, FL 33409
$9,000,000
Est. Payment: $20,000.00/mo
0 Bed
0 Bath
9503 Sqft
Status: Active | Days on site: 17
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FLL261010944 - FLL20016258
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House Description

Exceptional opportunity to acquire a highly visible commercial property along the Okeechobee Boulevard corridor in West Palm Beach. 2701 Okeechobee Boulevard features approximately 9,181 SF of existing commercial/office improvements on 1.27 acres, offering an attractive combination of immediate usability, prominent exposure and long-term redevelopment potential. The property may be purchased individually or as part of an optional package with the adjoining 801 Spencer Drive property, adding approximately 0.29 acres and 3,665 SF of improvements. Once assembled, the contiguous properties comprise approximately 1.56 acres with 12,846 SF of existing improvements and the significant advantage of road access on three sides. The combined site offers exceptional visibility, multiple access points, flexible circulation and enhanced redevelopment potential in a high-traffic West Palm Beach location. A rare opportunity for an owner-user, investor or developer to secure a strategically positioned commercial assemblage along one of the area's primary commercial corridors.

Highlights

Listed by Scott A. Huston , 954-804-8346 EXP Realty LLC , 888-883-8509.

Property Type

Commercial Sale

Lot/Acreage
1.27

Year Built

1963

County

Palm Beach

Area

5410

Listing ID

B26070342

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete,Hardwood,Tile,Wood
Water:Public

Exterior Features

Lot:1-2 Acres
Garage Capacity:30
Zoning:GC (city)
Roof:Flat,Tile
Sewer:Public Sewer
Parking Features:Accessible Parking,Common
Principal Interest
$20,000
Taxes
$4,454

Home Price

$9,000,000

Loan Details

30 yrs
%

Down Payment

20%
$1,800,000
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Monthly Price:
$20,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,000.00 $4,454.25 $0.00 $24,454.25
Yearly $240,000.00 $53,451.00 $0.00 $293,451.00
Total $7,200,000.00 $1,603,530.00 $0.00 $8,803,530.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.