345 HAVERHILL, West Palm Beach, 33415 (MLS# R2225745)

345 HAVERHILL, West Palm Beach, 33415

$5,200,000
Property Type: Commercial Sale Square Footage: 48,000 Status: Closed
Current Price: $5,200,000 List Date: 5/21/2002 Last Modified: 1/13/2026

Overview

Description

GREAT INVESTMENT OPPORTUNITY TO OWN CONDOS AND APARTMENTS. 9 /- ACRES - EXCELLENT INCOME PRODUCING PROPERTY. IN PROXIMITY TO THE WEST PALM BEACH INTERNATIONAL AIR PORT

Listing Details MLS# R2225745

General Property Information

Building Area Main
48000
Year Built
1987
Stories
Yes

Property Features

Flooring: Carpet Heating: Central Location of Property: Other Possession: Close Of Escrow Sale Includes: Fixtures; Machinery Construction Materials: Other Cooling: Central Air Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Alarm Utilities: Other Showing Requirements: Appointment Only; Call Owner

Contract Information

Comp Sale YN
No
Listing Contract Date
2002-05-21
Original List Price
4250000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
345
Street Name
HAVERHILL
City Name
West Palm Beach
Postal Code
33415
Area
5500
Geographic Area
PB22
Parcel Number
00424335010110010
Zoning
RM
Property Description
COLONY OAKS

Financial Information

Tax Annual Amount
24198
Tax Year
2001
Tax Legal Description
MODEL LAND CO SUB N 1/2 OF TR 11 (LESS OF W 295 FT, COLONY OAKS COND PH 1 & 2 & E 20 FT H

Status Change Information

Major Change Timestamp
2004-11-30T03:25:37Z
Major Change Type
Price Change
Price Change Timestamp
2004-11-30T03:25:37Z
Status Change Date
2005-08-30
Under Contract Date
2004-12-15
Close Date
2004-02-11
Close Price
5200000
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Tenants
65
# Of Toilets
124
% Air Conditioned
100
Door Height
0-8'
Interior Ceiling Height
0

Income and Expenses

Gross Income
535724
Gross Scheduled Income
541440
Insurance Expense
13600
Maintenance Expense
18511
Net Operating Income
328644
Operating Expense
207080
Other Expense
20446
Other Income
33550
Professional Management Expense
42918
Supplies Expense
6144
Utilities Expense
20341
Service Expense
0
Vacancy Allowance Rate
0

Description of Unit Type 1

Units Total
65
Full Baths
2
Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Price Calculations

Current Price To SqFt
108.33
Original List Price To Close Price
0.81

Originating Details

Originating System Key
20130215210034538766000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Carpet
Yes

Location of Property

Other
Yes

Possession

Close Of Escrow
Yes

Utilities

Other
Yes

Heating

Central
Yes

Sale Includes

Fixtures
Yes
Machinery
Yes

Construction Materials

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Security Features

Fire Alarm
Yes

Description of Unit Type 2

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Cooling

Central Air
Yes

Description of Unit Type 3

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 4

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 5

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 6

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 7

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Showing Requirements

Appointment Only
Yes
Call Owner
Yes
Listing Office: Investments, Ltd.
IDX
Last Updated: January - 13 - 2026
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