Good place to park some money rather than vacant land. For sale strictly as an income/investment/land bank property only. Not for occupancy or use by a buyer as the sale will be subject to a 5 year lease with the current owner as tenant with an additional 5 year option. Tenant pays $10,000/month plus real estate taxes, renters insurance, utilities, lawn, pest, A/C, roof & pool maintenance. Great place to park some money in quality real estate with guaranteed income & 100% occupancy. Possible future limited commercial potential.
Pool, Salt Water, Heated - Electric, Screened Pool
Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer, Trash Compactor
Storm Shutters, Sprinkler System, Impact Windows
Palm Beach Gardens was developed by John D. MacArthur in 1959. His original chosen name for the city was Palm Beach City, but this name was not approved by Florida legislature. Therefore, MacArthur named the city, Palm Beach Gardens.
Palm Beach Gardens proudly hosts the PGA's Honda Classic golf tournament and has since the 2007.
Eissey Campus Theatre located in Palm Beach Gardens is a 750 seat complex play that hosts to many musical, theatrical and dramatic productions.
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Listing information last updated on May 18th, 2024 at 12:07pm CDT.