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701 Park Avenue, Lake Park FL 33403

Commercial Recently Sold
$495,000

BTC: 6.13382900

ETH: 206.25000000

Sold on: 2024-06-03
11 days
0 room(s)

Overview

FREE STANDING PROFESSIONAL OFFICE BUILDING LOCATED ON PRIME DOWNTOWN CORNER with lots of parking and beautiful landscaping. First time in almost 40 years this trophy location has become available. This 2070 sq ft building on .29 acres is at the center of Park Ave! Flexible zoning allows a variety of uses within the CRA development area of Lake Park. Walking distance to the public marina and Nautilus 220, the Palm Beaches newest luxury waterfront residences, restaurants, shops and even more public parking. Local amenities just minutes away include, Kelsey Park, Barracuda Bay Aquatic Complex, Publix, Costco, Walmart, Target and lots more. Ideal location with easy access to major roads, Currently set up as a medical office.

Location

Florida • Lake Park • 33403 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1977
Lot:
0.29 Acres
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,167,500
$163K – $7.0M
Confidence Low
List vs. estimate
$672K below estimate
List $495,000 · -57.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
18 MLS comparables
+ 22 public-records sales within 0.5 mi
Median actual sale: $415K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,845
2023
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Property

    • Levels: 1

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 36434220010110450

    • Zoning: PADD(city)/urb

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $9,845

  • Source details

    • MLS ID: R10984562

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Central Business District

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33403
92
median $1.3M
Active
Same city
Lake Park
77
median $1.4M
Active
Same type
Commercial
5
median $1.4M
Active
Similar price
$346K – $643K
10
median $444K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coastal Realty Advisors LLC