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    3236 Reo Lane

    Palm Springs, FL 33461
    • $1,199,000
    • STATUS: Active
    • ON SITE: 308 days
    • ID#: RX-10597050
    UPDATED: 69 min ago
    $1,199,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,286
      SQFT
    • $227
      $/SQFT
    Type:
    Commercial
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Please do NOT disturb tenants. Two parcels with two buildings being sold together. One parcel/one building is a restaurant currently leased. 3,434 total square feet in building one. Building two/parcel two is an office building approx. 1,852 square feet. Properties being sold together as a 7% cap rate for the buyer. Property can be purchased with existing tenants/long term leases or seller will entertain buying out existing leases and or exercising right to cancel for the right buyer. Please drive by and see the condition of the property. Please do NOT speak with or disturb tenants.

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    www.myreynoldsteam.com/homes/102807113
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    3236 Reo Lane Palm Springs, FL 33461

    • Price: $1,199,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: RX-10597050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    5,286
    SQFT
    $227
    $/SQFT
    1952
    Built
    Neighborhood:
    Reo Parktwo Parcels Being Sold Together, Two Buildings
    County:
    Palm Beach
    Area:
    Palm Springs
    Property Description
    Please do NOT disturb tenants. Two parcels with two buildings being sold together. One parcel/one building is a restaurant currently leased. 3,434 total square feet in building one. Building two/parcel two is an office building approx. 1,852 square feet. Properties being sold together as a 7% cap rate for the buyer. Property can be purchased with existing tenants/long term leases or seller will entertain buying out existing leases and or exercising right to cancel for the right buyer. Please drive by and see the condition of the property. Please do NOT speak with or disturb tenants.
    Exterior Features

    Roof Other Waterfront YN No

    Interior Features

    Bath Toilets 3.00 Cooling CentralCentral BuildingElectric Flooring Other Heating CentralCentral BuildingElectric Percent Air Conditioned 100.00

    Property Features

    Available Docs None Available Info Deed Built Desc Resale Fire Protection Smoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 2.00 Possession At Closing Sale Includes Building And LandEquipmentFixturesFurnitureSigns Tax Amount Real Estate Taxes 17529.00 Tax Year 2019 Tenant Pays Common Area Maint.InsuranceRepairsTaxes Terms Considered CashConventional Type Of Building CommercialFree StandingIncomeOffice/RetailOtherRestaurantRetailTavern Bar Use IncomeOtherRetail Utilities CableElectricPublic Sewer

    Listing provided courtesy of Florida Realty Brokers Inc.. Listing information © 2020 BeachesMLS
     
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    The Reynolds Team/ONE Sotheby’s International Realty
    1701 Highway A1A, Suite 104
    Vero Beach FL, 32963