1248 S Military Trail, West Palm Beach, FL 33415

1957

YEAR BUILT

$4,900,000

LISTING PRICE

Office

TYPE

MLS#: RX-10977306

Type of Building: Free Standing and Retail


For More Information Call:

561-283-4663

The property has 2 tenants with 2+ years remaining in their lease. Additionally there are drawings and permits approved by the county to construct a 16,000+ Square Feet Medical Facility.


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  • Acres2.12 acres
  • Available DocumentsNone
  • Available InformationPhotos
  • Building Info: Miles to Beach10 miles
  • Building Info: Miles to Expressway6 miles
  • Building Info: Number of Tenants2
  • Built DescriptionResale
  • CityWest Palm Beach
  • ConstructionCBS
  • CoolingCentral Individual
  • CountyPalm Beach
  • DirectionsEast side of Military Trail, between Foresthill Blvd and Summit Blvd.
  • Expenses: R.E. Taxes$18,194
  • Fire ProtectionNone
  • FlooringCarpet, Ceramic Tile and Wood Floor
  • For LeaseNo
  • For SaleYes
  • HeatingCentral Individual
  • Lease1-3 Years, Long Term and Month to Month
  • Legal Description12-44-42, N 150 FT OF NW 1/4 OF SW 1/4 OF NE 1/4 (LESS W 53 FT S MILITARY TRL R/W)
  • List Price$4,900,000
  • List Price/SqFt$1,955.31 / sqft
  • Listing DateThursday, April 11th, 2024
  • Listing IDRX-10977306
  • Listing Price$4,900,000
  • Listing StatusActive
  • LocationCity
  • Maintenance Fee IncludedGrounds/ Plants, Insurance-Bldg and Lawn Care
  • Miscellaneous 1Fenced
  • Miscellaneous 2Office, Private Restroom, Rear Access and Traffic Auto
  • Monetary Info: Gross Scheduled Income$144,000
  • Monetary Info: Income Expense Statement Period2024
  • Monetary Info: Source of ExpensesOwner
  • Multiple Offers AcceptedYes
  • Number of Meters1
  • Number of Stories1
  • Number of Toilets2
  • Percent Air Conditioned85%
  • PossessionFunding
  • Property DescriptionBLDG W/2+ ACRES LAND
  • Property TypeCommercial
  • Real Estate Taxes$18,193.70
  • RoofComp Shingle
  • Sale IncludesBuilding and Land and Signs
  • Special InformationPresently Leased
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateThursday, April 11th, 2024
  • Street NameMilitary
  • Tax Year2023
  • Tenant PaysJanitorial and Water
  • Terms ConsideredCash and Conventional
  • Total Building SqFt2,506 sqft
  • Total Units in Building2
  • TypeOffice
  • Type of BuildingFree Standing and Retail
  • Unit 1: Half Baths2
  • Utilities101-200 Amp, Public Water and Septic
  • Virtual TourYes
  • WaterfrontNo
  • Year Built1957
  • Zip Code33415
  • ZoningCG

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