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1813 Tamarind AveWest Palm Beach, FL 33407

Mixed-Use Property, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This unique West Palm Beach investment opportunity presents a combined retail and residential property at 1813 N Tamarind Ave, 33407. The property features a convenience store currently operating under a 10-year lease (year 2), offering immediate income generation. The asking price for this established business is $749,000. Additionally, a 5-bedroom, 2-bathroom apartment is included, approved for housing vouchers and commanding a monthly rent of $2200. This provides a strong secondary income stream. Finally, a vacant storefront of approximately 615 square feet is available for lease at $1500 per month, NNN. This space presents significant potential for additional rental income or expansion of the existing convenience store. The property is zoned NC (city) and has an APN of 74434316090001520. The building is a single-suite structure without elevators. This mixed-use property offers a compelling blend of established income and significant upside potential, making it an attractive investment in a thriving Florida market. The property's location in West Palm Beach provides easy access to major transportation routes and a dense population base. This is a rare opportunity to acquire a multi-faceted income-producing asset in a desirable location.

Highlights

  • Excellent Downtown West Palm Beach Location
  • Opportunity Zone Designation
  • Currently Generating Income

Property Details for 1813 Tamarind Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
33,755 SF

Unit(s) available at that property

Space
Size
33,755 SF

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7293937
Longitude
-80.0613947
1813 Tamarind Ave, West Palm Beach, Florida

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1813 Tamarind Ave
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