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1100 Florida Avenue, West Palm Beach, FL 33401 (MLS# R10490524)

1100 Florida Avenue, West Palm Beach, FL 33401

$850,000
Property Type: Commercial Sale Square Footage: 3,357 Status: Closed
Current Price: $850,000 List Date: 12/26/2018 Last Modified: 5/25/2026

Overview

Description

This 5 unit Income Producing Property is located in the Beautiful Historic Neighborhood of Grandview Heights, only one block south of CityPlace!! Recently renovated. This is downtown living near convention center, shops and restaurant. Perfect for the college student or those who enjoy theater, food, or a vacation rental. This property consists of 2 single family homes and a triplex. The first single family home is a 3 bedroom, 1 bath and is 1111 Square Feet. The other single family home is a 3 bedroom, 1 bath The triplex consists of a 3 bedroom, 1 bath , a 2 bedroom, 1 bath apartment and a 1 bedroom. 7.35 % Cap Rate

Listing Details MLS# R10490524

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
5
Building Area Main
3357
Building Area Source
Appraiser
Year Built
1925
Lot Size Area
283619160
Lot Size Acres
6511
Stories
2

Property Features

Documents Available: Aerial Photo(s); Copy Of Lease(s); Owner Managed Flooring: Ceramic Tile Heating: Central Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Land Source Of Expenses: Owner Provided Tenant Pays: Cable TV Construction Materials: Frame; Stucco Cooling: Central Air Listing Terms: Cash; Conventional Roof: Composition Security Features: Smoke Detector(s) Water Source: Public Showing Requirements: Schedule Online Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
985000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1100
Street Name
Florida
Street Suffix
Avenue
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Area
5530
Geographic Area
PB24
Parcel Number
74434328030090040
Zoning
SF14(c
Directions
I 95 exit 70 Okeechobee Blvd towards downtown. take ramp towards downtown Left Fl-704 Okeechobee Blvd. Right on s. Dixie hwy US 1. Right on Palm street and 2nd Right will be Florida Ave
Property Description
5 unit Income

Financial Information

Tax Annual Amount
9281.57
Tax Year
2017
Tax Legal Description
PALM BEACH HEIGHTS ADD LT 4 BLK 9

Status Change Information

Major Change Timestamp
2019-02-19T20:29:26Z
Major Change Type
Status Change
Price Change Timestamp
2019-01-02T14:22:52Z
Status Change Date
2019-02-19
Under Contract Date
2019-01-01
Close Date
2019-02-15
Close Price
850000
Buyer Financing
Trade

More Information

Building and Property Details

# Of Offices
Yes
# Of Tenants
5
# Of Toilets
5
% Air Conditioned
100
Maximum Ceiling Height
12

Income and Expenses

Gross Scheduled Income
89400
Insurance Expense
4900
Net Operating Income
64365
Real Estate Taxes
9885
Utilities Expense
9000

Description of Unit Type 1

Unit Type
3 Bedroom
Full Baths
Yes
Annual Rent
22800

Description of Unit Type 2

Unit Type
3 Bedroom
Full Baths
Yes
Annual Rent
21600

Description of Unit Type 3

Unit Type
2 Bedroom
Full Baths
Yes
Annual Rent
13200

Description of Unit Type 4

Unit Type
1 Bedroom
Full Baths
Yes
Annual Rent
10200

Description of Unit Type 5

Unit Type
3 Bedroom
Full Baths
Yes
Annual Rent
21600

Price Calculations

Current Price To SqFt
253.2
Original List Price To Close Price
1.15

Originating Details

Originating System Key
20181226204612933848000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Aerial Photo(s)
Yes
Copy Of Lease(s)
Yes
Owner Managed
Yes

Tenant Pays

Cable TV
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

Schedule Online
Yes

Contingencies

None
Yes
Listing Office: KW Reserve Palm Beach
IDX
Last Updated: May - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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