Address
2843 Forest Hill Boulevard West Palm Beach, FL
Price
$ 799,000
Property Attributes
  • MLS#RX-10727781
  • TypeCommercial
  • CountyPALM BEACH
  • CityWest Palm Beach
  • Area5480
  • NeighborhoodMeadow Park
  • Zip33406
  • StyleHotel/ Motel,Income
  • Year Built1948
  • Taxes$ 7046
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage1792
Listing Provided Courtesy Of:
Realty ONE Group Innovation
Data Source:
Beaches MLS
Property Description

This property has endless potential. Currently rented with approx cap rate of Previously licensed to be a motel/hotel. Prime location off Forest Hill Blvd. All units are studio cottages approximately 550 sq ft each.

Price History
6/30/2021 Listed $649,000
9/23/2021 2% - $639,000

General Features

Area 5480
Auction No
Construction Frame, Woodside
Cooling Wall-Win A/C
Flooring Other, Tile
For Lease No
Geo Area PB21
Geo Lat 26.651113
Geo Lon -80.085793
Heating Window/Wall
Legal Description MEADOW PARK W 1/2 OF LT 5 (LESS S 20 FT FOREST HILL BLVD R/W) & E 1/2 OF LT 6 (LESS S 20 FT FOREST HILL BLVD R/W) BLK 5
Possession At Closing, Negotiable
Property Type E
Roof Comp Shingle
Special Info None
Status Active
Stories 1.0
Subdivision MEADOW PARK
Tax Year 2020
Tenant Pays None
Terms Considered Cash, Conventional, Cryptocurrency
Type MultiFamily (5+ Units)
Type Of Building Hotel / Motel, Income, Resident. Multi-Fam.
Use Hotel/ Motel, Income, Other
Utilities Electric
Virtual Tour https://www.propertypanorama.com/2843-Forest-Hill-Boulevard-West-Palm-Beach-FL-33406--RX-10727781/unbranded
Waterfront No
Year Built 1948
Zoning CG

Interior Features

Total Number of Units 9
Unit 1: Unit Desc Efficiency
Unit 2: Unit Desc Efficiency
Unit 3: Unit Desc Efficiency
Unit 4: Unit Desc Efficiency
Unit 5: Unit Desc Efficiency
Unit 6: Unit Desc Efficiency
Unit 7: Unit Desc Efficiency
Unit 8: Unit Desc Efficiency

Exterior Features

Sale Includes None
Lot Size 0.30
Property Desc 9 Units

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33406

Price
AVG $690K
$800K
Taxes
AVG $7,914
$7,046
Visits
AVG 554
63
Year Built
AVG 1963
1948
Walkscore
AVG 58
68
Data Provided by Walkscore ® not using MLS data

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