Property Description
CAP Rate: 6.58%100% OccupancyRent Roll AvailableA rare chance to acquire an 8-unit, fee-simple condo portfolio in the rapidly growing Clear Lake / Executive Center corridor of West Palm Beach. Offered as The Executive Collection, this stabilized package includes a mix of five 1-bedroom units and three 2-bedroom units, all tenant-occupied with strong rental history and consistent demand. Units offer a range of garden-views to direct waterfront with views of the downtown skyline. Value-add opportunity to renovate and rental increases. The community features Clear Lake waterfront walking paths, pool, gym, BBQ area, and tiki huts, creating year-round appeal for local professionals and seasonal renters. With immediate access to I-95, Brightline, PBI Airport, and downtown West Palm.
Overview
Property Type
Commercial
Location
752 Executive Center Drive 112, West Palm Beach, FL 33401
MLS ID
R11144320
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Flooring
Ceramic Tile, Tile
Exterior
Stories
3
Water Source
Public
Utilites
Cable Available, Sewer Available, Water Available
Roof
Composition, Shingle
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Security Features
Smoke Detector(s)
Details
Neighborhood
West Palm Beach
Water Frontage
Lake Front, Lagoon
Financial
Price
$1,485,000
Real Estate Tax
$1,750/yr
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