1245 WatertowerLake Park, FL 33403

  • Retail properties
  • 34,364 SF
Off market
$4,226,161 Estimated

Property Details for 1245 Watertower

Year built
1996
Construction
STEEL FRAME
Lot size
3.92 AC
Property size (Sq ft)
34,364 SF
Zone code
CLIC
Property type
Retail properties
Property subtype
Auto shops
APN
36-43-42-20-00-000-3060
APU
36434220000003060

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,842,412
    6.5%
    $16,469,919
    7%
    $15,293,496
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,089,632
    Geo Method
    $24,089,632
  • Alternative Use

    Use
    Valuation
    Residential
    $13,892,993
    Hospitality
    $12,725,907
    Educational
    $10,587,805
    Medical
    $10,951,936
    Retail
    $16,469,919
1245 Watertower, Lake Park, Florida

Location Insight

City
Lake Park
County
Palm Beach
State
Florida
Latitude
26.8014
Longitude
-80.0786
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$94,663
$1,754,050
$2,472,111
$4,226,161
-
$1,754,050
$2,472,111
$4,226,161

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