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4652 Cherry Road, West Palm Beach, FL 33417

$7,350,000
Property Type: Commercial Sale Status: Closed
Current Price: $7,350,000 List Date: 7/12/2006 Last Modified: 4/09/2026

Description

18, one story rectangular shaped buildings (4 attached villas per building) Each villa has its own electric & water meter and has its own tax id number. (12 out of the 72 villas are individually owned and arenot included in this sale) Additionally, ther e are 5, two story garden style buildings (8 condos per building). These 40 condos have separate electric & water meters. Next, this awesome development is complete with a one story garden style building with 4 one bedroom units. Property offered "AS IS"

More Information MLS# M1072361

Contract Information

Comp Sale YN: No Listing Date: 2006-07-11 Status: Closed Original List Price: 9900000 Sold Price: $7,350,000 Current Price: $7,350,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: West Palm Beach Municipal Code: 0 Postal Code: 33417 Geographic Area: PB27 Subdivision Number: 16 Country: United States Street Number: 4652 Street Name: Cherry Street Suffix: Road State Or Province: FL Area: 5500 Parcel Number: 00424325160001430 Zoning: 1 Directions: TAKE OKEECHOBEE BLVD (WEST OF 95 OR EAST OF THE TURNPIKE) TO MILITARY TRAIL. GO SOUTH TO THE 2ND TRAFFIC LIGHT (CHERRY ROAD). TURN RIGHT (WEST). LAKESIDE VILLAS MAIN ENTRANCE IS JUST PAST THE LAKE ON THE LEFT HAND SIDE.

General Property Information

Number Of Buildings: 26 Number Of Units Total: 7 Price Per Unit: 95192 Occupant Type: Tenant Year Built Details: YearBuiltDescription Resale Stories Total: 2 Property Sub Type: Multi Family Year Built: 1985 Parking Total: 104

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2006-10-21T03:19:30Z Major Change Type: Status Change Status Change Date: 2006-10-30 Under Contract Date: 2006-07-28 Close Date: 2006-10-20 Close Price: 7350000

Electric

Other: 1

Flooring

Carpet: 1 Tile: 1

Parking Features

Assigned: 1

Property Condition

Resale: 1

Documents Available

Other Available Information: 1

Heating

Electric: 1

Construction Materials

Other: 1

Roof

Other: 1

Income and Expenses

Inc/Exp Statement Period: 00 Real Estate Taxes: 92412 Total Expenses: 394851 Gross Scheduled Income: 1458240 Maintenance Expense: 21600

Source Of Expenses

Owner Provided: 1

Description of Unit Type 1

Units Total: 4 Furnished: No

Description of Unit Type 2

Units Total: 60 Furnished: No

Cooling

Central Building: 1

Description of Unit Type 3

Units Total: 40 Furnished: No

Section Details

Parcel Number MLX: 1430

Financial Information

Tax Legal Description: CHERRY LANE TWNHS UNIT 143

Originating Details

Originating System Key: 27351278 Originating System ID: M00000151

Property Features

Documents Available: Other Available Information Electric: Other Flooring: Carpet; Tile Heating: Electric Parking Features: Assigned Property Condition: Resale Source Of Expenses: Owner Provided Construction Materials: Other Cooling: Central Building Roof: Other
Listing Office: Capital Commercial R.E. Group
Last Updated: April - 09 - 2026
4652 Cherry Road, West Palm Beach, FL 33417- MLS# M1072361
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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