345 HAVERHILL, West Palm Beach, 33415
$5,200,000
Property Type:
Commercial Lease
Baths:
124
Square Footage:
48,000
Status:
Closed
Current Price:
$5,200,000
Last Modified:
9/22/2013
Description
GREAT INVESTMENT OPPORTUNITY TO OWN CONDOS AND APARTMENTS. 9 /- ACRES - EXCELLENT INCOME PRODUCING PROPERTY. IN PROXIMITY TO THE WEST PALM BEACH INTERNATIONAL AIR PORT
More Information MLS# RX-2225745
Contract Information
List Price/Bldg SqFt: 135.42
Status: Closed
Original List Price: 4250000
Sold Price: $5,200,000
Current Price: $5,200,000
Listing Date: 2002-05-21
General Property Description
For Sale: Yes
For Lease: Yes
Property Desc: COLONY OAKS
Waterfront: No
# of Stories: 1
% Air Conditioned: 100
Year Built: 1987
SqFt - Living: 48000
Baths - Total: 124
Location, Tax & Legal
Geo Area: PB22
Tax Year: 2001
Zoning: RM
Real Estate Taxes: 24198
Area: 5500
County: Palm Beach
Parcel ID: 00424335010110010
Street #: 345
Street Name: HAVERHILL
Zip Code: 33415
Legal Desc: MODEL LAND CO SUB N 1/2 OF TR 11 (LESS OF W 295 FT, COLONY OAKS COND PH 1 & 2 & E 20 FT H
Office/Member Info
DXORIGMLNO: RX-2225745
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Conventional
Sold Price/Bldg SqFt: 108.33
Under Contract Date: 2004-12-15
Sold Date: 2004-02-11
Sold Price: $5,200,000
Building Info
# of Tenants: 65
Monetary Info
Ttl Assume Loans: 0
Total Mrtg Balance: 0
Gross Sched Income: 541440
Vacancy Rate: 0
Gross Oper Income: 535724
Other Income: 33550
Total Expenses: 207080
Net Oper Income: 328644
Location
Other: 1
Expenses
Management: 42918
Accounting & Legal: 0
Advertising: 20446
Insurance: 13600
Service: 0
Trash: 0
Supplies: 6144
Utilities: 20341
Maint & Repair: 18511
Miscellaneous: 0
Common Area Maint: 0
Type of Building
Resident. Multi-Fam.: 1
Unit 1
# of Units: 65
Full Baths: 2
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Unit 2
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Sale Includes
Equipment: 1
Fixtures: 1
Unit 3
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Unit 4
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Avail Info
None: 1
Unit 5
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Construction
Other: 1
Avail Docs
None: 1
Unit 6
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Unit 7
Ann Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Cooling
Central: 1
Heating
Central: 1
Tenant Pays
None: 1
Use
Income: 1
Flooring
Carpet: 1
Utilities
Other: 1
Fire Protect
Smoke Alarm: 1
Roof
Other: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Lease
Annual: 1
Month to Month: 1
Property Features
Use: Income
Type of Building: Resident. Multi-Fam.
Construction: Other
Location: Other
Sale Includes: Equipment; Fixtures
Avail Docs: None
Avail Info: None
Flooring: Carpet
Cooling: Central
Heating: Central
Fire Protect: Smoke Alarm
Tenant Pays: None
Utilities: Other
Roof: Other
Terms Considered: Cash; Conventional
Lease: Annual; Month to Month
Possession: At Closing
Listing Office:
Investments, Ltd.
Last Updated: September - 22 - 2013
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