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Investment Opportunity

Miami Investmens

631 Northlake Boulevard North Palm Beach FL 33408 MLS #RX-11028912

631 Northlake Boulevard
North Palm Beach, FL, 33408
$5,500,000
Beds
0 Bathrooms
SqFt
0.47 Acres
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$5,500,000
631 Northlake Boulevard
North Palm Beach, FL, 33408
MLS #RX-11028912 image #0MLS #RX-11028912 image #1MLS #RX-11028912 image #2MLS #RX-11028912 image #3MLS #RX-11028912 image #4MLS #RX-11028912 image #5MLS #RX-11028912 image #6MLS #RX-11028912 image #7MLS #RX-11028912 image #8MLS #RX-11028912 image #9MLS #RX-11028912 image #10MLS #RX-11028912 image #11MLS #RX-11028912 image #12MLS #RX-11028912 image #13

Project Description

This is an exceptional investment opportunity with a prime waterfront marina and retail shop., providing direct access to the Intracoastal Waterway and the Atlantic Ocean in North Palm Beach. This well-maintained, owner operated marina has been operated for over 63 years and features fuel dock, 13 boat slips, five slips have 20,000-pound lifts and eight wet slips. Also included is a thriving bait-and-tackle shop, which complements the marina, catering to freshwater and saltwater fishing enthusiast. Known for its custom rods and reels, a diverse selection of live and frozen bait, tackle, clothing, snacks, and beverages.

Property Details

Price:
$5,500,000
MLS #:
RX-11028912
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Special Use
Subdivision:
NORTH PALM BEACH VILLAGE OF 3
Listed Date:
Oct 16, 2024
Lot Size:
20,473 sqft / 0.47 acres (approx)
Year Built:
1962
WaterfrontOceanfrontNorth Palm Beach Village Of 3Total Units

Schools

Interior

Cooling
Central
Flooring
Concrete
For Lease
No
Heating
Central

Exterior

% Air Conditioned
100.00
Construction
CBS
Roof
Built- Up
Security
Burglar Alarm, Security Light, TV Camera
Waterfront Details
Fixed Bridges, Lagoon, Lake, Marina, Navigable, Ocean Access, Seawall

Financial

Utilities
Electric, Public Sewer, Public Water

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
631 Northlake Boulevard
North Palm Beach, FL