West Palm Beach, FL 33407,2032 N Dixie Hwy
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West Palm Beach, FL 33407,2032 N Dixie Hwy
West Palm Beach, FL 33407,2032 N Dixie Hwy
West Palm Beach, FL 33407,2032 N Dixie Hwy
West Palm Beach, FL 33407,2032 N Dixie Hwy

$1,700,000

Est. payment /mo

$1,850,000

8.1%
Est.Price: ?

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2032 N Dixie Hwy West Palm Beach, FL 33407

10,630 SqFt

SOLD DATE : 11/25/2021

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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Listed by MSP Group, LLC
Bought with Beautiful Homes Realty Inc

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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