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2725 Hillsboro Road West Palm Beach FL 33405 MLS #RX-11054556

2725 Hillsboro Road
West Palm Beach, FL, 33405
$8,995,000
Beds
0 Bathrooms
SqFt
0.51 Acres
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$8,995,000
2725 Hillsboro Road
West Palm Beach, FL, 33405
MLS #RX-11054556 image #0MLS #RX-11054556 image #1MLS #RX-11054556 image #2MLS #RX-11054556 image #3MLS #RX-11054556 image #4MLS #RX-11054556 image #5MLS #RX-11054556 image #6MLS #RX-11054556 image #7MLS #RX-11054556 image #8MLS #RX-11054556 image #9MLS #RX-11054556 image #10MLS #RX-11054556 image #11MLS #RX-11054556 image #12MLS #RX-11054556 image #13MLS #RX-11054556 image #14

Project Description

Current owner purchased the warehouse in January 2019 to house a private art collection. When purchased, the warehouse was shell stripped of all power. The renovation completed a year and a half later in August 2020.Renovated to Chubb’s specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, (Pre Action sprinkler system), all new power (600 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. 2 ADA bathrooms and an ADA entry/exit ramp. Renovation completed August 2020.The property has 4 parking spaces in front and there is an on-going lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year lease at $6,500/year.

Property Details

Price:
$8,995,000
MLS #:
RX-11054556
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Industrial
Subdivision:
BELVEDERE SOUTH PL 3 REPL PT OVERLOOK IN
Listed Date:
Jan 21, 2025
Lot Size:
22,215 sqft / 0.51 acres (approx)
Year Built:
1961
Belvedere South Pl 3 Repl Pt Overlook InTotal Units

Schools

Interior

Cooling
Central
Flooring
Concrete
For Lease
No
Heating
Other

Exterior

% Air Conditioned
100.00
Roof
Concrete Tile

Financial

Utilities
Generator

de todo

Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
2725 Hillsboro Road
West Palm Beach, FL