Interior
- Bathrooms
- 0
- Cooling
- Central Air
- Heating
- Central
Active · Retail
$2,895,000
1370 S Military Trail, West Palm Beach, FL 33415
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1959
- Lot size
- 49,658 sq ft
- HOA fee
- —
- Annual tax
- $6,420
About this property
This is a rare 1.14-acre, five-parcel retail development assemblage at the block-end corner of S Military Trail & Edward Road in Unincorporated Palm Beach County. UI zoning supports QSR/drive-thru, car wash, medical, automotive, self-storage, mixed-use & more. 44,107 CPD. $15K/month M-T-M income provides positive carry during entitlement. Dual access. Full utilities on-site. Three existing structures priced as tear-downs — land value only. Faster entitlement than municipal jurisdictions.
Property location
Get Directions1370 S Military Trail, West Palm Beach, FL 33415
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1959
- Stories
- 1
- Lot size
- 49,658 sq ft
- Roof
- Aluminum
- Construction
- Block
Parking
- Covered spaces
- 0
- Parking features
- Accessible Parking, Common, Guest
HOA, Community & Financials
- Security
- Building Security
- Annual tax
- $6,420
- County
- Palm Beach
- Days on market
- 187
- MLS listing ID
- B26000253
- 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
-$1,618
- Cap rate
- 5.0%
- Net yield
- 5.0%
- Cash-on-cash return
- -2.4%
- Gross yield
- 6.6%
- Mortgage payment
- $13,724/mo
- Down payment
- $723,750
- Loan amount
- $2,171,250
- Annual NOI
- $145,273
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.