Interior
- Bathrooms
- 0
- Flooring
- Carpet, Ceramic Tile
- Cooling
- Central Air
- Heating
- Central
Active · Office
$1,600,000
1402 Royal Palm Beach Boulevard 300, Royal Palm Beach, FL 33411
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 2000
- Lot size
- —
- HOA fee
- $4,748 Annually
- Annual tax
- $18,081
About this property
Great free standing office building in the heart of Royal Palm Beach. 4 new A/C units 2023, New Roof in 2024. Plenty of parking, shopping and restaurants. Current 19-year tenants already in place and will sign a long-term lease for 1/2 the building.
Property location
Get Directions1402 Royal Palm Beach Boulevard 300, Royal Palm Beach, FL 33411
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Facts & features
Exterior & Structure
- Property type
- Office
- Year built
- 2000
- Roof
- Composition, Other
- Construction
- CBSConcrete Block Structure, Block, Stucco
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Association fee
- $4,748 Annually
- Fee inclusions
- Maintenance Grounds
- Security
- Security System, Security System Owned, Smoke Detectors
- Annual tax
- $18,081
- County
- Palm Beach
- Days on market
- 276
- MLS listing ID
- R11153532
- 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
-$2,501
- Cap rate
- 3.8%
- Net yield
- 3.8%
- Cash-on-cash return
- -6.7%
- Gross yield
- 6.6%
- Mortgage payment
- $7,585/mo
- Down payment
- $400,000
- Loan amount
- $1,200,000
- Annual NOI
- $61,007
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.