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1101 54th Street, West Palm Beach, FL 33407

$8,750,000

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https://www.propertypanorama.com/instaview/rapb_gflr/RX-10566576

Property Type: Commercial Lease Baths: 26 Square Footage: 17,747 Status: Closed

Current Price: $8,750,000 Last Modified: 3/19/2021

Description

Rare opportunity to own a new state of the art, Turnkey fully furnished and approved multi-use rehabilitation treatment healthcare campus. Contact us for walk-through HD video. The property was completed in 2018 and is located along the northern side of St Mary's Medical Center in West Palm Beach. This space is a single-story layout currently approved for 41 detox residential and / or rehabilitation beds. The property consists of 21 bedrooms, 16 private offices, 6 station call center, large entertainment areas, courtyard, commercial kitchen, a spa-like environment with ample natural light, vaulted ceilings and tons of onsite parking. Additionally, there is approximately 2 acres of vacant land with approvals in place for a 15,000 square foot addition of a new building.

Supplements: Providing the opportunity for your business to expand. Property includes 2 workout centers, intake rooms, multiple waiting rooms, 5 common areas bathrooms, 3 utility rooms, laundry room, network room, lot's of storage and exam rooms. The surrounding areas are medical offices, specialty medical buildings and hospitals. The property is located near both West Palm Beach Commuter Rail and Mangonia Park Commuter Rail. Easy access to West Palm Beach's international airport and all major highways. Do not miss out on this unique opportunity.

More Information MLS# RX-10566576

Contract Information

Auction: No List Price/Bldg SqFt: 563.47 Status: Closed Original List Price: 10000000 Sold Price: $8,750,000 Current Price: $8,750,000 Listing Date: 2019-10-03

General Property Description

For Sale: Yes For Lease: Yes Lease Price SqFt: 17747 Lease Year: 2019 Min Lease Months: 60 Property Desc: Medical Rehab Campus Acres: 4.89 Built Desc: New Construction Waterfront: No SqFt Source: Appraisal # of Stories: 1 Total Units: 1 % Air Conditioned: 100 Type: Special Use Subdivision: NOVUS MEDICAL Year Built: 2018 SqFt - Living: 17747 Baths - Total: 26

Location, Tax & Legal

Geo Area: PB20 State/Province: FL Tax Year: 2018 Zoning: CSPD Real Estate Taxes: 43000 Multiple Ofrs Acptd: No Area: 5420 County: Palm Beach Parcel ID: 74434304340010000 Street #: 1101 Street Name: 54th Street Suffix: Street Zip Code: 33407 Legal Desc: NOVUS MEDICAL PAR A K/A ALL OF PLAT Geo Lat: 26.759691 Geo Lon: -80.064688

Remarks & Misc

Directions: 45th street east to Greenwood Ave..north to 54th st.,then west.

Office/Member Info

DXORIGMLNO: RX-10566576 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Conventional Sold Price/Bldg SqFt: 493.04 Under Contract Date: 2019-12-05 Sold Date: 2020-10-27 Sold Price: $8,750,000

Building Info

# of Offices: 16

Type of Building

Commercial: 1 Free Standing: 1 Medical: 1 Office Space: 1 Resident. Multi-Fam.: 1 Special Purpose: 1

Sale Includes

Building and Land: 1 Equipment: 1 Fixtures: 1 Furniture: 1 Inventory: 1 License: 1

Avail Info

Photos: 1

Construction

CBS: 1 Concrete: 1

Avail Docs

Occupational License: 1 Survey: 1

Waterfront Details

None: 1

Special Info

Use Conforms to Zone: 1

Cooling

Central: 1 Electric: 1 Gas: 1

Heating

Central: 1

Tenant Pays

Common Area Maint.: 1 Electric: 1 Insurance: 1 Taxes: 1

Miscellaneous 1

Lobby: 1

Use

Other: 1

Miscellaneous 2

Med Plumbing: 1 Meeting Room: 1 Private Restroom: 1 Public Restroom: 1 Reception Area: 1 Water Retention: 1

Flooring

Carpet: 1 Ceramic Tile: 1

Utilities

Electric: 1 Generator: 1 Public Sewer: 1 Public Water: 1 220: 1 440: 1

Fire Protect

Smoke Alarm: 1 Smoke Detector: 1 Sprinkler: 1

Security

Security Sys-Leased: 1 TV Camera: 1

Roof

Concrete Tile: 1

Terms Considered

Cash: 1 Conventional: 1 Will Rent: 1 Other: 1

Possession

Subject to Lease: 1

Lease

Annual: 1 Long Term: 1 Net Rent: 1 Renewal: 1 Triple Net: 1 4-6 Years: 1 7-10 Years: 1

Contingencies

Financing: 1 Inspection: 1

Property Features

Use: Other Type of Building: Commercial; Free Standing; Medical; Office Space; Resident. Multi-Fam.; Special Purpose Construction: CBS; Concrete Sale Includes: Building and Land; Equipment; Fixtures; Furniture; Inventory; License Avail Docs: Occupational License; Survey Miscellaneous 1: Lobby Miscellaneous 2: Med Plumbing; Meeting Room; Private Restroom; Public Restroom; Reception Area; Water Retention Flooring: Carpet; Ceramic Tile Cooling: Central; Electric; Gas Heating: Central Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler Special Info: Use Conforms to Zone Tenant Pays: Common Area Maint.; Electric; Insurance; Taxes Utilities: Electric; Generator; Public Sewer; Public Water; 220; 440 Waterfront Details: None Security: Security Sys-Leased; TV Camera Roof: Concrete Tile Terms Considered: Cash; Conventional; Will Rent; Other Lease: Annual; Long Term; Net Rent; Renewal; Triple Net; 4-6 Years; 7-10 Years Possession: Subject to Lease Contingencies: Financing; Inspection

Listing Office: Blue Water Real Estate Group

Last Updated: March - 19 - 2021

1101 54th Street, West Palm Beach, FL 33407- MLS# RX-10566576

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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