1248 Military TrlWest Palm Beach, FL 33415

Property Details for 1248 Military Trl

Year built

1957

Construction

WOOD

Lot size

2.12 AC

Property size (Sq ft)

2,506 SF

Zone code

CG

Property type

Retail properties

Property subtype

Strip malls

APN

00-42-44-12-00-000-1020

APU

424412000001020

Description

This exceptional West Palm Beach office building, located at 1248 S Military Trail, presents a unique investment opportunity. The property boasts 2,506 square feet of existing office space, divided into two units, and is situated on a lot with dimensions not specified in the provided information. Built in 1957, the building offers significant potential for redevelopment. County-approved drawings and permits are in place for the construction of a 16,000+ square foot medical facility, providing a clear path for expansion and increased value. However, the zoning allows for flexibility, enabling the development of a variety of commercial buildings or shopping centers to suit individual needs and market demands. The asking price for this property is $4,300,000. The property's address is 1248 S Military Trail, West Palm Beach, Florida, 33415. This prime location in Palm Beach County offers excellent access to major transportation routes and a thriving commercial environment. The existing structure provides immediate income potential while the approved plans offer a lucrative path to significant future returns. This is a rare opportunity to acquire a property with both immediate income and substantial long-term development potential in a highly desirable location. The property is zoned for commercial use, allowing for a wide range of development options.

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.6588

Longitude

-80.1115

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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