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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2725 Hillsboro Rd , West Palm Beach, FL 33405
$8,995,000
Est. Payment: $19,988.89/mo
0 Bed
0 Bath
20467 Sqft
Status: Active | Days on site: 43
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House Description

Current owner purchased the warehouse in January 2019 to house a private art collection. When purchased, the warehouse was shell stripped of all power. The renovation completed a year and a half later in August 2020. Renovated to Chubb's specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, (Pre Action sprinkler system), all new power (600 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. 2 ADA bathrooms and an ADA entry/exit ramp. Renovation completed August 2020. The property has 4 parking spaces in front and there is an on-going lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year lease at $6,500/year. The Lease has a 5-year option to renew with approval from FDOT. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas.

Highlights

Listed by Burton S. Minkoff PA , 561-512-8978 Douglas Elliman , 561-655-8600.

Property Type

Commercial Sale

Lot/Acreage
0.51

Year Built

1961

County

Palm Beach

Area

5450

Listing ID

B26058215

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete
Water:Public

Exterior Features

Lot:<1 Acre
Garage Capacity:3
Zoning:I—INDUSTRIAL
Roof:Concrete,Flat,Tile
Sewer:Public Sewer
Principal Interest
$19,989
Taxes
$5,286

Home Price

$8,995,000

Loan Details

30 yrs
%

Down Payment

20%
$1,799,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,988.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,988.89 $5,286.25 $0.00 $25,275.14
Yearly $239,866.67 $63,435.00 $0.00 $303,301.67
Total $7,196,000.00 $1,903,050.00 $0.00 $9,099,050.00

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.