1728 CORPORATE Drive, Boynton Beach, FL 33426

Industrial · Active

$1,895,000

1728 CORPORATE Drive, Boynton Beach, FL 33426 — MLS photo

Apogee South Beach

1728 CORPORATE Drive, Boynton Beach, FL 33426

Bedrooms
—
Bathrooms
0
Interior
— sq ft
Price / sq ft
—
Built
2005
Lot
6,352 sq ft

The residence

PRIME OFFICE/WAREHOUSE 3965 SF. FULLY RENOVATED, TURNKEY. EXCEPTIONAL LOCATION MINUTES FROM I-95. 2409 SF AIR COND WAREHOUSE WITH 22' CLEAR CEILINGS, 20' GRADE LEVEL OVERHEAD DOOR. NEW LED HIGH-BAY LIGHTING. 3 PHASE POWER. EASY TRACTOR-TRAILER ACCESS MAKES THIS UNIT WELL SUITED FOR COMMERCIAL/DISTRIBUTION/SERVICE NEEDS. SPACIOUS FIRST FLOOR EXECUTIVE OFFICE & RECEPTION AREA WITH ABUNDANCE OF NATURAL LIGHT, NEW BATHROOM. 2ND FLOOR TOTALLY RENOVATED WITH TWO PRIVATE OFFICES, KITCHENETTE, FLOORING & LED LIGHTING. NEW A/C UNITS. *5 YEAR NEW ROOF ASSESSMENT ALREADY PAID IN FULL *Constructed of durable concrete, like new property offers perfect balance of modern office finishes and warehouse space. This location is ready and suited for a wide range of business.

Property location

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1728 CORPORATE Drive, Boynton Beach, FL 33426

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Facts & features

Interior

Bathrooms
0
Flooring
Concrete, Ceramic Tile, Hardwood, Tile, Wood
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Industrial
Year built
2005
Stories
2
Lot size
6,352 sq ft
Roof
Fiberglass
Construction
Brick, Block, Pre Cast Concrete, Stucco

Parking

Covered spaces
0
Parking features
Assigned, Accessible Parking, Common, Covered, Free Parking

HOA, Community & Financials

Association fee
$845 Monthly
Fee inclusions
Maintenance Grounds, Maintenance Structure
Security
Security System, Closed Circuit Cameras, Fire Alarm, Smoke Detectors, Security System Owned, Fire Sprinkler System
Annual tax
$22,021
County
Palm Beach
Days on market
33
MLS listing ID
B26076806
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,388

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-7.7%
Gross yield
6.6%
Mortgage payment
$8,983/mo
Down payment
$473,750
Loan amount
$1,421,250
Annual NOI
$67,142

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

1728 CORPORATE Drive, Boynton Beach, FL 33426