West Palm Beach, FL 33405,2725 Hillsboro RD
West Palm Beach, FL 33405,2725 Hillsboro RD
West Palm Beach, FL 33405,2725 Hillsboro RD
West Palm Beach, FL 33405,2725 Hillsboro RD
West Palm Beach, FL 33405,2725 Hillsboro RD
West Palm Beach, FL 33405,2725 Hillsboro RD
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Listed by Douglas Elliman
$ 9,995,000
Est. payment | /mo

2 Baths

0.51 Acres Lot


$ 9,995,000
Est. payment | /mo

2 Baths

0.51 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Belvedere South Pl 3 Repl Pt Overlook In

MLS Listing ID RX-11054556

Year Built 1961

Annual Tax Amount $2,313,944

Tax Year 2024

Lot Size 0.510 Acres

Property Sub-Type Industrial

Property Description

Current owner purchased the warehouse in January 2019 to house a private art collection. When purchased, the warehouse was shell stripped of all power. The renovation completed a year and a half later in August 2020.Renovated to Chubb's specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, (Pre Action sprinkler system), all new power (600 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. 2 ADA bathrooms and an ADA entry/exit ramp. Renovation completed August 2020.The property has 4 parking spaces in front and there is an on-going lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year lease at $6,500/year.

Location

State FL

County Palm Beach

Area 5430

Zoning I--INDUSTRIAL (7

Interior

Heating Other

Cooling Central

Flooring Concrete

Fireplaces Type Smoke Alarm, Smoke Detector, Sprinkler

Exterior

Utilities Available Generator

Roof Type Concrete Tile

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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2725 Hillsboro RD