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1620 Avenue E, West Palm Beach, FL – $1,100,000

  • $1.1M Price
  • 4,146 Sqft
  • .31 Acres
  • $1.1M Price
  • 4,146 Sqft
  • .31 Acres

1620 Avenue E

Investment Property in the path of progress. The property has undergone extensive renovations, including Brand New Roof, Central HVAC, Interior Tile, exterior facade, Hurricane / Accordion Security Shutters and much more. Building consists of 5 units, all of which are leased to small churches. There is a waiting list to get into this property.*** OWNER IS A BROKER AND IS WILLING TO CONTINUE DOING MANAGEMENT AND LEASING FOR NEW BUYER. NOI is $52,780Full price offers only.... 6% CAP

Essential Information

  • MLS® #RX-10451867
  • Price$1,100,000
  • Square Footage4,146
  • Acres0.31
  • Year Built1966
  • TypeCommercial
  • StatusActive

Sub-Type

Income, Professional Office, Retail

Style

Commercial, Income, Office Space, Office/Retail, Retail, Shopping Center, Strip Store

Community Information

  • Address1620 Avenue E
  • Area5280
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33404

Subdivision

INLET GROVE IN PB 6 P 87 & PB 8 P 14

Amenities

Utilities

1-100 Amp, 3-Phase Electric, Municipal Water, Separate Meter, Cable

Interior

  • AppliancesBuilding and Land
  • HeatingCentral Individual, Electric
  • CoolingCentral Individual, Electric
  • # of Stories1

Exterior

  • Lot Descriptionchurch
  • RoofBuilt-Up
  • ConstructionBlock, CBS, Concrete

Additional Information

  • Listing Courtesy ofH. Alan Welles Real Est, LLC
  • Date ListedJuly 31st, 2018
  • ZoningCG
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Price Change History for 1620 Avenue E, West Palm Beach, FL (MLS® #RX-10451867)

Date Details Change
Price Increased from $1,000,000 to $1,100,000 $100,000 (10.00%)
Price Increased from $887,000 to $1,000,000 $113,000 (12.74%)
Price Increased from $799,000 to $887,000 $88,000 (11.01%)
Price Increased from $750,000 to $799,000 $49,000 (6.53%)
Price Increased from $508,000 to $750,000 $242,000 (47.64%)

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