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 $15,000/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.
View Virtual TourCable Available, Water Available
Attached, Garage, Two or More Spaces, Circular Driveway
Ceramic Tile, Hardwood, Wood, Carpet
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Built-In Oven, Self Cleaning Oven, Water Softener
Fence, Patio, Storm/Security Shutters
If you like oysters, head over to Spoto's where black and white photographs of oyster fishermen adorn the walls. The polished tables give the eatery a country club look. Spoto's serves up a delightful bowl of New England clam chowder and an impressive variety of oysters and clams. Sit outside on the patio to take advantage of the area's perfect weather.
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 is located 5 miles north of West Palm Beach, off Interstate 95.
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