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Commercial For sale Retail Mixed Use

Commercial Property for Sale in West Palm Beach Florida 33407

1813 N Tamarind Avenue, West Palm Beach, Florida 33407

$699,000
$223 / sq ft 8% cap rate Listed May 14, 2024
3,136 sqft
Building
1963
Built
2
Stories
5
Parking
Class C
Class

About this property

Commercial Property for Sale in West Palm Beach Florida 33407 is a retail for sale in West Palm Beach, Florida, listed at $699,000. Key details: year built 1963, building size 3,136 sqft, stories 2, parking spaces 5. Listed by Amanda Melcher of Illustrated Properties on LoopingCloud and last updated March 20, 2025.

1813 N Tamarind, located in West Palm Beach, minutes from Downtown WPB! This is a corner lot mixed use building with parking! More than 13,000 cars drive on Tamarind DAILY! More than 25,000 cars on Australian DAILY

Key highlights

  • Ground Lease

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

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CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Year Built
1963
Building Size
3,136 sqft
Stories
2
Parking Spaces
5
Building Class
Class C
Property Status
Normal Sale
Building Status
Existing
Ground Lease
Yes

Pricing details

Net Operating Income
$55,950
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

8%
Cap rate
$55,950
Net operating income
$223
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$15K$30K$45K$60KGross income -Net operating income $55,9502024
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2024---$55,950--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $699,000 6.22% - - -

Location

About this area - West Palm Beach

Population
28,672
Housing units
12,065
Land area
9.9 sq mi
County
Palm Beach

Documents, links and contacts

Links

2 links

Frequently asked questions

What is the asking price of Commercial Property for Sale in West Palm Beach Florida 33407?

Commercial Property for Sale in West Palm Beach Florida 33407 is listed at $699,000. That works out to about $223 per square foot. The stated cap rate is 8%.

Where is Commercial Property for Sale in West Palm Beach Florida 33407 located?

The property is in 1813 N Tamarind Avenue, West Palm Beach, Florida 33407, Palm Beach County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 3,136 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Amanda Melcher of Illustrated Properties listed this property. Use the Request Info button to send a message or call (561) 272-4015.

When was this listing published?

It was published on May 14, 2024 and last updated on March 20, 2025.

Listing information

Listing ID
CL-Florida-10485
Published
May 14, 2024
Last updated
Mar 20, 2025
Views
487
Status
Sold

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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