West Palm Beach poorly managed 9K SF Retail asset in prime location. Fully occupied with significantly under-market/short term rents, offering strong repositioning upside into a high-yielding asset. Asking $2.2M
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Property Taxes $24,432
Property Insurance $20,500
CAM / Repairs & Maintenance $18,500
Water/Sewer $5,750
Reserves for Replacement $2,000
Management (if 3rd-party) $8,000
TOTAL ANNUAL EXPENSES ≈ $90,200
📍 West Palm Beach, FL
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The lenders with the most recorded retail mortgages since 2021, from public ACRIS filings.