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51 Hypoluxo Road, Lantana, FL 33462

$6,150,000
Property Type: Commercial Lease Baths: 12 Square Footage: 57,000 Status: Closed
Current Price: $6,150,000 Last Modified: 5/05/2022

Description

WATCH LINK https://youtu.be/yLqYAhTCPs4 The property your looking for.... Location could not be better property sit in between Palm Beach and Miami. minutes to all restaurants and ocean. Less than 1 mile to i95 and 8 miles from turnpike. RELOCATE YOUR BUSINESS TO SOUTH FLORIDA -Building is vacant as April 31,2020 -Building total sqft 57,000 -Hard corner of Hypoluxo Road -85% air conditioned space (a/c replaced April 2020) -Executive Offices 9,433sf +/- -R&D or more office warehouse space 7,439sf +/- -Light manufacturing area 25,848sf+/- -Non a/c shipping & receiving area 14,280 +/- -Heavy power -24' ceilings -100% fire sprinkler system -1990 when building was renovated and added onto -Abundant car parking and trailer stagin

More Information MLS# RX-10628490

Contract Information

Auction: No List Price/Bldg SqFt: 110.52 Status: Closed Original List Price: 7200000 Sold Price: $6,150,000 Current Price: $6,150,000 Listing Date: 2020-06-05

General Property Description

For Sale: Yes For Lease: Yes Lease Price SqFt: 9 Lease Year: 2020 Min Lease Months: 60 Property Desc: Industrial C1 mix Acres: 3.57 Waterfront: No SqFt Source: Other # of Stories: 2 Total Units: 1 % Air Conditioned: 85 Ann Assoc/Condo Dues: 0 Year Built: 1973 SqFt - Living: 57000 Baths - Total: 12

Location, Tax & Legal

Geo Area: PB12 State/Province: FL Tax Year: 2019 Zoning: CG(cit Real Estate Taxes: 76474.4 Multiple Ofrs Acptd: No Area: 4320 County: Palm Beach Parcel ID: 26434510000003040 Street #: 51 Street Name: Hypoluxo Street Suffix: Road Zip Code: 33462 Legal Desc: 10-45-43, SLY 742.16 FT OF NLY 807.10 FT OF ELY 212.21 FT OF NW 1/4 LYG W OF FEC RY R/W IN OR94P285 Geo Lat: 26.570873 Geo Lon: -80.054372

Remarks & Misc

Directions: Take i95 to Hypoluxo rd. Head east to and property is on the SE hard corner of Federal Hwy and Hypoluxo road

Office/Member Info

DXORIGMLNO: RX-10628490 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Other Sold Price/Bldg SqFt: 107.89 Under Contract Date: 2020-12-07 Sold Date: 2021-03-01 Sold Price: $6,150,000

Building Info

Interior Ceiling Hgt: 24 # of Bays: 1

Type of Building

Free Standing: 1 Industrial / Mfg: 1 Manufacturing-Light: 1 Office/Warehouse: 1 Recreation Facilitiy: 1 Retail: 1 Storage/ Warehouse: 1 Warehouse: 1

Sale Includes

Building and Land: 1

Avail Info

None: 1

Avail Docs

Survey: 1

Cooling

Central Building: 1

Heating

Central Building: 1

Tenant Pays

Insurance: 1 Repairs: 1 Taxes: 1 Water: 1

Use

Industrial: 1 Mixed: 1 Professional Office: 1

Flooring

Carpet: 1 Concrete: 1

Utilities

Electric: 1 Septic: 1 440: 1

Land Income

Income (Timber): 1

Fire Protect

Smoke Alarm: 1 Smoke Detector: 1 Sprinkler: 1

Security

Burglar Alarm: 1 Fence: 1

Roof

Built-Up: 1 Mixed: 1 Wood Truss/Raft: 1 Other: 1

Terms Considered

Cash: 1 Conventional: 1 Cryptocurrency: 1 Exchange: 1 Owner: 1

Possession

At Closing: 1

Lease

Triple Net: 1 7-10 Years: 1

Contingencies

Inspection: 1

Property Features

Use: Industrial; Mixed; Professional Office Type of Building: Free Standing; Industrial / Mfg; Manufacturing-Light; Office/Warehouse; Recreation Facilitiy; Retail; Storage/ Warehouse; Warehouse Land Income: Income (Timber) Sale Includes: Building and Land Avail Docs: Survey Avail Info: None Flooring: Carpet; Concrete Cooling: Central Building Heating: Central Building Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler Tenant Pays: Insurance; Repairs; Taxes; Water Utilities: Electric; Septic; 440 Security: Burglar Alarm; Fence Roof: Built-Up; Mixed; Wood Truss/Raft; Other Terms Considered: Cash; Conventional; Cryptocurrency; Exchange; Owner Lease: Triple Net; 7-10 Years Possession: At Closing Contingencies: Inspection
Listing Office: South Florida R.E. Connection
Last Updated: May - 05 - 2022
51 Hypoluxo Road, Lantana, FL 33462- MLS# RX-10628490
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