$1,700,000
$1,850,000
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2032 N Dixie Hwy West Palm Beach, FL 33407
10,630 SqFt
Key Details
Sold Price $1,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 10,630 sqft
Price per Sqft $159
MLS Listing ID A11033413
Sold Date 11/25/21
HOA Y/N No
Year Built 1924
Annual Tax Amount $17,199
Contingent Pending Inspections
Lot Size 6,525 Sqft
Property Description
The Art Building is an 18 unit property with 12 residential units with consistently high occupancy and 6 commercial spaces. 3 of the commercial spaces are occupied by a Community Outreach office a Church and a small office. The 3 additional commercial spaces are currently occupied by the owner: 1 as a workshop for his employees and 2 as storage for all of his supplies. The owner plans on continuing to lease the workshop with the sale of the property. The Church has been a long term tenant on the property and occupy the largest unit on the 1st floor. The in place residential units are made up of 4 - 1 Bedroom 1 Bathroom units and 8 - Studios. The Art Building has had major cap ex performed in the recent years which include tiling of the interior corridor and a complete roof replacement.
Location
State FL
County Palm Beach County
Area 5420
Direction On US1 use GPS
Interior
Flooring Ceramic Tile, Other
Exterior
Roof Type Built-Up
Building
Story 2
Level or Stories Two
Structure Type Block
Others
Tax ID 74434310190020082
Acceptable Financing Assumable, Cash, Conventional, Other
Listing Terms Assumable, Cash, Conventional, Other
Financing Conventional
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Bought with Beautiful Homes Realty Inc