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5112 Georgia Avenue, West Palm Beach, FL 33405

$7,000,000
Property Type: Comm/Industry Baths: 4 Square Footage: 31,614 Status: Closed
Current Price: $7,000,000 Last Modified: 12/24/2024

Description

This unique opportunity doesn't occur often. Don't miss out on this very rare & important property being offered for sale on the market. Approximately 1.243 Acre, totaling 54,145 sq ft, making it the largest parcel located on the highly sought after Georgia Avenue corridor, within the heartbeat of the local community, attracting designers, contractors, antique shops, restaurants... The main building has over 27,700 sq ft & features a large reception area, conference rm, 9 offices, & warehouse w/4 roll up garage doors plus 1 barn door, and a quonset hut on the south side with over 3,800 sq ft., 1 roll up garage door, w/plenty of parking. Being sold with or without over 2 dozen wood working machines to create high end custom doors, mouldings, cabinets and so much more.

Supplements: Located just minutes from Palm Beach Island, Publix, shopping, dining, I95, and everywhere you want to be.

More Information MLS# RX-11023503

Contract Information

Auction: No List Price/Bldg SqFt: 300.49 Negotiable Seller Concessions YN: No Status: Closed Original List Price: 9500000 Sold Price: $7,000,000 Current Price: $7,000,000 Listing Date: 2024-09-23

General Property Description

For Sale: Yes For Lease: No Property Desc: Sale Industrial Acres: 1.24 Waterfront: No SqFt Source: Tax Rolls # of Stories: 1 Total Units: 2 % Air Conditioned: 20 Type: Industrial Subdivision: SOUTHBORO PARK Year Built: 1946 SqFt - Living: 31614 Baths - Total: 4

Location, Tax & Legal

Geo Area: PB20 Country: United States State/Province: FL Tax Year: 2023 Zoning: I-Industiral Real Estate Taxes: 49450 Area: 5430 County: Palm Beach Parcel ID: 74434404130000230 Street #: 5112 Street Name: Georgia Street Suffix: Avenue Zip Code: 33405 Legal Desc: SOUTHBORO PARK LTS 23 THRU 30, LT 30A, LTS 31 THRU 38, LT 38A & LTS 39 & 40 Geo Lat: 26.667416 Geo Lon: -80.058556

Remarks & Misc

Directions: Between Nottingham and Bunker on the East side.

Office/Member Info

DXORIGMLNO: RX-11023503 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Conventional Sold Price/Bldg SqFt: 221.42 Under Contract Date: 2024-09-23 Sold Date: 2024-12-19 Sold Price: $7,000,000

Building Info

# of Offices: 9

Location

City: 1

Type of Building

Commercial: 1 Free Standing: 1 Industrial: 1 Industrial / Mfg: 1 Office Space: 1 Office/Warehouse: 1 Warehouse: 1

Sale Includes

Building and Land: 1 Equipment: 1 Inventory: 1 Machinery: 1 Tools: 1

Avail Info

Equipment Inventory: 1 Existing Survey: 1 Owner managed: 1

Avail Docs

Survey: 1

Cooling

Central: 1 Electric: 1 Zoned: 1

Heating

Other: 1

Tenant Pays

None: 1

Use

Industrial: 1

Miscellaneous 2

Meeting Room: 1 Office: 1 Overhead Doors: 1 Reception Area: 1 Separate Office Area: 1 Showroom: 1

Flooring

Carpet: 1 Concrete: 1 Wood Floor: 1

Utilities

Electric: 1 Public Water: 1 201+ Amp: 1

Fire Protect

Sprinkler: 1

Roof

Other: 1

Terms Considered

Cash: 1 Exchange: 1

Possession

Funding: 1 Negotiable: 1

Lease

None: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Use: Industrial Type of Building: Commercial; Free Standing; Industrial; Industrial / Mfg; Office Space; Office/Warehouse; Warehouse Sale Includes: Building and Land; Equipment; Inventory; Machinery; Tools Avail Docs: Survey Avail Info: Equipment Inventory; Existing Survey; Owner managed Miscellaneous 2: Meeting Room; Office; Overhead Doors; Reception Area; Separate Office Area; Showroom Flooring: Carpet; Concrete; Wood Floor Cooling: Central; Electric; Zoned Heating: Other Fire Protect: Sprinkler Tenant Pays: None Utilities: Electric; Public Water; 201+ Amp Roof: Other Terms Considered: Cash; Exchange Lease: None Possession: Funding; Negotiable Contingencies: None
Listing Office: Local Palm Beach Realty Inc.
Last Updated: December - 24 - 2024
5112 Georgia Avenue, West Palm Beach, FL 33405- MLS# RX-11023503
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