Interior
- Bathrooms
- 0
- Flooring
- Concrete
- Cooling
- Central Air
- Heating
- Central
Active · Retail
$1,600,000
212 S Olive Avenue Mu-7, West Palm Beach, FL 33411
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 2002
- Lot size
- —
- HOA fee
- —
- Annual tax
- $17,527
About this property
Ground floor 2,264sf retail unit in the heart of downtown West Palm Beach, located at the base of the luxurious Strand building. Attractive for both investors and end users - stable, NNN tenant in place through 2034 with 5 year option, however, potential for owner/user to take over occupancy. '
Property location
Get Directions212 S Olive Avenue Mu-7, West Palm Beach, FL 33411
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 2002
- Lot size
- 0 sq ft
- Roof
- Other
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Security
- Fire Sprinkler System
- Annual tax
- $17,527
- County
- Palm Beach
- Days on market
- 356
- MLS listing ID
- R11115887
- Listing status
- Active
Virtual tour
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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
-$2,059
- Cap rate
- 4.1%
- Net yield
- 4.1%
- Cash-on-cash return
- -5.5%
- Gross yield
- 6.6%
- Mortgage payment
- $7,585/mo
- Down payment
- $400,000
- Loan amount
- $1,200,000
- Annual NOI
- $66,313
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.