1225 N Military Trail, West Palm Beach, FL 33409 — MLS photo

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1225 N Military Trail, West Palm Beach, FL 33409

Active · Retail

$2,299,000

1225 N Military Trail, West Palm Beach, FL 33409

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1976
Lot size
34,848 sq ft
HOA fee
—
Annual tax
—

About this property

Commercial Retail Plaza, New Roof, exterior painted, Parking lot re-striped, freshly landscaped 100% leased. 6 0f 7 tenants have been in building long term. Rents Under Market, leases modified gross, Solid Building in great shape. Two lighted sign posts on Property, two entrances/exits on property. Property located inside an ''opportunity zone'', eligible for all TAX benefits ''opportunity zones'' provide

Property location

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1225 N Military Trail, West Palm Beach, FL 33409

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1976
Lot size
34,848 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11138556
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

-$4,499

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$10,898/mo
Down payment
$574,750
Loan amount
$1,724,250
Annual NOI
$76,792

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