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345 HAVERHILL, West Palm Beach, 33415

$5,200,000
Property Type: Commercial Sale Square Footage: 48,000 Status: Closed
Current Price: $5,200,000 List Date: 5/21/2002 Last Modified: 1/13/2026

Description

GREAT INVESTMENT OPPORTUNITY TO OWN CONDOS AND APARTMENTS. 9 /- ACRES - EXCELLENT INCOME PRODUCING PROPERTY. IN PROXIMITY TO THE WEST PALM BEACH INTERNATIONAL AIR PORT

More Information MLS# R2225745

Contract Information

Comp Sale YN: No Listing Date: 2002-05-21 Status: Closed Original List Price: 4250000 Sold Price: $5,200,000 Current Price: $5,200,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: West Palm Beach Postal Code: 33415 Geographic Area: PB22 Property Description: COLONY OAKS Country: United States Street Number: 345 Street Name: HAVERHILL Area: 5500 Parcel Number: 00424335010110010 Zoning: RM

General Property Information

Stories: 1 Building Area Main: 48000 Year Built: 1987

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2004-11-30T03:25:37Z Major Change Type: Price Change Price Change Timestamp: 2004-11-30T03:25:37Z Status Change Date: 2005-08-30 Under Contract Date: 2004-12-15 Close Date: 2004-02-11 Close Price: 5200000

Flooring

Carpet: 1

Location of Property

Other: 1

Possession

Close Of Escrow: 1

Utilities

Other: 1

Building and Property Details

# Of Tenants: 65 # Of Toilets: 124 % Air Conditioned: 100 Door Height: 0-8' Interior Ceiling Height: 0

Heating

Central: 1

Sale Includes

Fixtures: 1 Machinery: 1

Construction Materials

Other: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Other: 1

Security Features

Fire Alarm: 1

Income and Expenses

Gross Income: 535724 Other Income: 33550 Service Expense: 0 Utilities Expense: 20341 Vacancy Allowance Rate: 0 Gross Scheduled Income: 541440 Insurance Expense: 13600 Maintenance Expense: 18511 Net Operating Income: 328644 Operating Expense: 207080 Other Expense: 20446 Professional Management Expense: 42918 Supplies Expense: 6144

Description of Unit Type 1

Units Total: 65 Full Baths: 2 Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Description of Unit Type 2

Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Cooling

Central Air: 1

Description of Unit Type 3

Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Description of Unit Type 4

Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Description of Unit Type 5

Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Description of Unit Type 6

Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Description of Unit Type 7

Annual Rent: 0 Seasonal Rent: 0 Off Season Rent: 0

Showing Requirements

Appointment Only: 1 Call Owner: 1

Price Calculations

Current Price To SqFt: 108.33 Original List Price To Close Price: 0.81

Financial Information

Tax Annual Amount: 24198 Tax Year: 2001 Tax Legal Description: MODEL LAND CO SUB N 1/2 OF TR 11 (LESS OF W 295 FT, COLONY OAKS COND PH 1 & 2 & E 20 FT H

Originating Details

Originating System Key: 20130215210034538766000000 Originating System ID: M00000170

Property Features

Flooring: Carpet Heating: Central Location of Property: Other Possession: Close Of Escrow Sale Includes: Fixtures; Machinery Construction Materials: Other Cooling: Central Air Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Alarm Utilities: Other Showing Requirements: Appointment Only; Call Owner
Listing Office: Investments, Ltd.
Last Updated: January - 13 - 2026
345 HAVERHILL, West Palm Beach, 33415- MLS# R2225745
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 2026 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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