Property Listing No Longer Available for Sale

631 U.S. Highway One, Ste. 200

North Palm Beach, FL

Office for Sale - 62,858 Sq. Ft. on 1567 acres


Property Info

CIMLS#824622
Location
  631 U.S. Highway One, Ste. 200
  North Palm Beach FL 33408
UpdatedAugust 24th, 2015
TypeOffice
PriceUpon Request
Building62,858 Sq. Ft.
Land1567 acres

Property Description

Office condominium in prime building on major street in North Palm Beach. Five offices, reception in beautiful atrium building.


Financials

ACQUISITION COSTS

Purchase Price, Points and Closing Costs $500,000

Investment - Cash $500,000

INVESTMENT INFORMATION

Purchase Price $500,000

Price per Tenant $500,000

Price per Sq. Ft. $319.08

INCOME, EXPENSES & CASH FLOW

Gross Scheduled Income $29,772

Total Vacancy and Credits $0

Operating Expenses $0

Net Operating Income $29,772

Debt Service $0

Cash Flow Before Taxes $29,772

FINANCIAL INDICATORS

Cash on Cash Return Before Taxes 5.95%

Debt Coverage Ratio N/A

Capitalization Rate 5.95%

Gross Income / Square Feet $19.00