51 Hypoluxo Road, Lantana, FL 33462
$6,150,000
Property Type:
Commercial Lease
Baths:
12
Square Footage:
57,000
Status:
Closed
Current Price:
$6,150,000
Last Modified:
5/05/2022
Description
WATCH LINK https://youtu.be/yLqYAhTCPs4
The property your looking for.... Location could not be better property sit in between Palm Beach and Miami. minutes to all restaurants and ocean. Less than 1 mile to i95 and 8 miles from turnpike.
RELOCATE YOUR BUSINESS TO SOUTH FLORIDA
-Building is vacant as April 31,2020
-Building total sqft 57,000
-Hard corner of Hypoluxo Road -85% air conditioned space (a/c replaced April 2020)
-Executive Offices 9,433sf +/-
-R&D or more office warehouse space 7,439sf +/-
-Light manufacturing area 25,848sf+/- -Non a/c shipping & receiving area 14,280 +/-
-Heavy power -24' ceilings
-100% fire sprinkler system
-1990 when building was renovated and added onto
-Abundant car parking and trailer stagin
More Information MLS# RX-10628490
Contract Information
Auction: No
List Price/Bldg SqFt: 110.52
Status: Closed
Original List Price: 7200000
Sold Price: $6,150,000
Current Price: $6,150,000
Listing Date: 2020-06-05
General Property Description
For Sale: Yes
For Lease: Yes
Lease Price SqFt: 9
Lease Year: 2020
Min Lease Months: 60
Property Desc: Industrial C1 mix
Acres: 3.57
Waterfront: No
SqFt Source: Other
# of Stories: 2
Total Units: 1
% Air Conditioned: 85
Ann Assoc/Condo Dues: 0
Year Built: 1973
SqFt - Living: 57000
Baths - Total: 12
Location, Tax & Legal
Geo Area: PB12
State/Province: FL
Tax Year: 2019
Zoning: CG(cit
Real Estate Taxes: 76474.4
Multiple Ofrs Acptd: No
Area: 4320
County: Palm Beach
Parcel ID: 26434510000003040
Street #: 51
Street Name: Hypoluxo
Street Suffix: Road
Zip Code: 33462
Legal Desc: 10-45-43, SLY 742.16 FT OF NLY 807.10 FT OF ELY 212.21 FT OF NW 1/4 LYG W OF FEC RY R/W IN OR94P285
Geo Lat: 26.570873
Geo Lon: -80.054372
Remarks & Misc
Directions: Take i95 to Hypoluxo rd. Head east to and property is on the SE hard corner of Federal Hwy and Hypoluxo road
Office/Member Info
DXORIGMLNO: RX-10628490
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Other
Sold Price/Bldg SqFt: 107.89
Under Contract Date: 2020-12-07
Sold Date: 2021-03-01
Sold Price: $6,150,000
Building Info
Interior Ceiling Hgt: 24
# of Bays: 1
Type of Building
Free Standing: 1
Industrial / Mfg: 1
Manufacturing-Light: 1
Office/Warehouse: 1
Recreation Facilitiy: 1
Retail: 1
Storage/ Warehouse: 1
Warehouse: 1
Sale Includes
Building and Land: 1
Avail Info
None: 1
Avail Docs
Survey: 1
Cooling
Central Building: 1
Heating
Central Building: 1
Tenant Pays
Insurance: 1
Repairs: 1
Taxes: 1
Water: 1
Use
Industrial: 1
Mixed: 1
Professional Office: 1
Flooring
Carpet: 1
Concrete: 1
Utilities
Electric: 1
Septic: 1
440: 1
Land Income
Income (Timber): 1
Fire Protect
Smoke Alarm: 1
Smoke Detector: 1
Sprinkler: 1
Security
Burglar Alarm: 1
Fence: 1
Roof
Built-Up: 1
Mixed: 1
Wood Truss/Raft: 1
Other: 1
Terms Considered
Cash: 1
Conventional: 1
Cryptocurrency: 1
Exchange: 1
Owner: 1
Possession
At Closing: 1
Lease
Triple Net: 1
7-10 Years: 1
Contingencies
Inspection: 1
Property Features
Use: Industrial; Mixed; Professional Office
Type of Building: Free Standing; Industrial / Mfg; Manufacturing-Light; Office/Warehouse; Recreation Facilitiy; Retail; Storage/ Warehouse; Warehouse
Land Income: Income (Timber)
Sale Includes: Building and Land
Avail Docs: Survey
Avail Info: None
Flooring: Carpet; Concrete
Cooling: Central Building
Heating: Central Building
Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler
Tenant Pays: Insurance; Repairs; Taxes; Water
Utilities: Electric; Septic; 440
Security: Burglar Alarm; Fence
Roof: Built-Up; Mixed; Wood Truss/Raft; Other
Terms Considered: Cash; Conventional; Cryptocurrency; Exchange; Owner
Lease: Triple Net; 7-10 Years
Possession: At Closing
Contingencies: Inspection
Listing Office:
South Florida R.E. Connection
Last Updated: May - 05 - 2022
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