1589 S Military Trail West Palm Beach, FL ^$ 9,000,000

1589 S Military Trail

^$ 9,000,000

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1589 S Military Trail

West Palm Beach, FL, 33415

^$ 9,000,000

Studio Baths4.0 Sq 12,881

Monthly Estimate*

^$ 59,817

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Studio

Commercial Property for sale in West Palm Beach, FL

for $9,000,000 with 4 full baths. This 12,881 square foot building was built in 1985.

This prime commercial property presents a distinctive investment prospect. Positioned on a vibrant street with exceptional visibility, it caters to businesses in auto sales and repair. The site is equipped with a full range of tools for a comprehensive automotive workshop. Additionally, it qualifies for The Live Local Act and is eligible for workforce housing development. Seize this remarkable chance to obtain a property with adaptable zoning and considerable investor potential. Whether in the automotive sector or eyeing development possibilities, this property awaits. For sale or lease, inquire for further details!

Commercial Contingent

Price

^$ 9,000,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 55,458

Style

Retail

Year Built

1985

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX10938730

Features

General

Heating Central

Cooling Central Building

Utilities Cable Electric Public Sewer Public Water

Possession At Closing

Roof Other

Zoning 2700 AUTO SALES

Status Active Under Contract

Year Built 1985

Subdivision DON COOK MOTORS

Stories 1.0

Type Retail

Property Type E

Area 5480

Auction No

Tax Year 2023

Terms Considered Cash Conventional

Use Other Retail

Virtual Tour https://www.propertypanorama.com/1589-S-Military-Trail-West-Palm-Beach-FL-33415/unbranded

Geo Area PB21

Legal Description DON COOK MOTORS S 162.18 FT OF E 443.03 FT OF PAR A

Exterior

Waterfront Yes Pond

Lot Size 9.73

Interior

Flooring Other

Total Number of Units 2

Internal Only

OriginalMLSID RX-10938730

* Excluded Features

List By

Erika Cook Bender

Listing Agent

Benco Properties, Llc

Broker

elcbender@gmail.com

Affordability Calculator

$64,438

Per Month

Monthly Principal & Interest: $59,817
Monthly Property Taxes: $4,622
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in West Palm Beach, FL

Average List Price ^$1,088,378

Percent of Sale Price 88%

About West Palm Beach, FL

111,545 Population

36% Since 2002

^$51,879 Median Income

40.03 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

368239 Elementary School

368240 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/27/2023	$9,000,000		Listed Price

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1589 S Military Trail, West Palm Beach, FL, 33415 is a Commercial Property for sale at $9,000,000 with 12,881 sqft. 1589 S Military Trail is a studio with 4.0 baths and was built in 1985. The property's zip code is 33415 which is in West Palm Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of BeachesMLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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1589 S Military Trail

Commercial Property for sale in West Palm Beach, FL

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