Property Description
CAP Rate: 6.58%
100% Occupancy
Rent Roll Available
A 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.
100% Occupancy
Rent Roll Available
A 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
Zoning
MF32(c
MLS ID
R11144320
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Total Baths
11
Flooring
Ceramic Tile, Tile
Exterior
Stories
3
Water Source
Public
Utilites
Cable Available
Roof
Composition
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Security Features
Smoke Detector(s)
Details
Neighborhood
West Palm Beach
Financial
Price
$1,485,000
Real Estate Tax
$1,750/yr
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