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610 N Dixie Highway # 610, Lantana FL 33462

Commercial Recently Sold
$800,000

BTC: 9.62232379

ETH: 301.88679245

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

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $387K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

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

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