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610 N Dixie Highway # 610, Lantana FL 33462

Commercial Recently Sold
$800,000

BTC: 10.34928849

ETH: 326.66394447

Sold on: 2022-02-15
56 days
0 room(s)

Overview

Over $200,000 in upgrades and renovations back in 2019. The medical office center is the home to The Metaphysical Healing Institute of Palm Beach, a certified holistic clinical and alternative medical facility, owned and operated by the current owner. Owner would like to stay on as a long term tenant. It boasts close to 3,000 sq/ ft of medical zoned office space as well as a certified commercial prep kitchen with a Total Square Feet of 4,908. Current rental income for the medical center is $3,500 but willing to pay more so she can stay in the building. The property is one block away from the intracoastal and the building is right on a very busy highway of US/1-Dixie highway. Behind the the medical center, the building also consist of a two story, 1968 total sq ft open Warehouse #612 with enclosed upper office/living area with air condition. The tenant currently contracted as the on-site handyman which is currently paying $1300 a month but willing to pay $2,000 + a month with new buyer.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1952
Lot:
0.19 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,500,000
$869K – $6.0M
Confidence Low
List vs. estimate
$600K below estimate
List $899,900 · -40.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $387K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,989
2021
All facts and features
  • Flooring

    • Terrazzo

    • Wood

    Heating

    • Central

    Cooling

    • Central Building A/C

  • Property

    • Levels: 1

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 40434434070020030

    • Zoning: C1(cit

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $9,989

  • Source details

    • MLS ID: R10757450

    Other facts

    • Water Source: Public

Private inquiry
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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: Florida's Best Realty Services