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1805, 1811 & 1913 N Tamarind - Mixed Use Bldg 1805 N Tamarind Ave

3,136 SF 2% Leased Retail Building West Palm Beach, FL 33407 $699,000 ($223/SF) 6.66% Cap Rate

Investment Highlights

  • Traffic Count on N Tamarind Ave - $13.8K
  • 1 vacant space!
  • Residential Tenant on 2nd Floor!
  • 1813 Leased

Executive Summary

Illustrated Properties is proud to present 1805-1813 N Tamarind, located in West Palm Beach, minutes from Downtown WPB! This is a corner lot mixed use building with parking! 2nd floor tenant (1811) has residential lease paying $2500/month.
1805 is available for immediate occupancy, with roughly 600sqft ready for you to move in and make it yours! 1805 at one time operated as a barbershop, with roughly 500sqft as your main "shop/salon" area, and an additional 100sqft of backroom/storage and private bathroom!
1813 Recently rented!
More than 13,000 cars drive on Tamarind DAILY! More than 25,000 cars on Australian DAILY!

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,136 SF
Building Class
C
Year Built/Renovated
1963/2015
Price
$699,000
Price Per SF
$223
Cap Rate
6.66%
NOI
$46,588
Percent Leased
2%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
NC - Zoned - CP-NC , Permitted Use -https://online.encodeplus.com/regs/westpalmbeach-fl/doc-viewer.aspx#secid-573
Parking
5 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
12 FT on N Tamarind Ave

Amenities

  • 24 Hour Access
  • Corner Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1805
  • 600 SF
  • Retail
  • End Cap
  • Now

600sqft ready for you and your business! Located in West Palm Beach, minutes from Downtown WPB! 1805 at one time operated as a barbershop! About 500sqft as your main "shop/salon" area, and an additional 100sqft of backroom/storage and private bathroom! Suite 1805 is available for immediate occupancy! $1500/month! Flexible move-in terms! INQUIRE TODAY! Zoned - CP-NC - Permitted Use Table - https://online.encodeplus.com/regs/westpalmbeach-fl/doc-viewer.aspx#secid-573

Space Size Space Use Position Available
1805 600 SF Retail End Cap Now

1805

Size
600 SF
Space Use
Retail
Position
End Cap
Available
Now

1805

Size 600 SF
Space Use Retail
Position End Cap
Available Now

600sqft ready for you and your business! Located in West Palm Beach, minutes from Downtown WPB! 1805 at one time operated as a barbershop! About 500sqft as your main "shop/salon" area, and an additional 100sqft of backroom/storage and private bathroom! Suite 1805 is available for immediate occupancy! $1500/month! Flexible move-in terms! INQUIRE TODAY! Zoned - CP-NC - Permitted Use Table - https://online.encodeplus.com/regs/westpalmbeach-fl/doc-viewer.aspx#secid-573

Nearby Major Retailers

Checkers
Row House
Fifth Third Bank
BankUnited
First Horizon Bank
Seacoast Bank
ConnectOne Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74-43-43-16-09-000-1520
Land Assessment
$14,447
Improvements Assessment
$193,082
Total Assessment
$207,529
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 28242100

  • Date on Market: 4/15/2023

  • Last Updated:

  • Address: 1805 N Tamarind Ave, West Palm Beach, FL 33407

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