2631 NW 1st Avenue, Boca Raton, FL 33431

Overview

Description

Prime commercial property in Boca Raton, offering a versatile high-end boat and truck storage facility ripe for customization or immediate management takeover. Enjoying sought-after M-2 Zoning with potential for various business purposes, from self-storage to dining. Nestled amidst residential communities, the property boasts a constant refreshing breeze and spacious layout including a 60’x90’ covered area, 15’x30’ office space, and 20' bay door. An unparalleled opportunity awaits in this thriving Boca Raton locale.

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.83
Lot Size Square Feet: 36211
Lot Size Dimensions: 36211
Lot Depth: 180
Lot Frontage: 218
LP/SqFt: 64.9

Property Features

Comprehensive Plan Use: Industrial; Other Current Use: Industrial; Mixed Use; Unimproved; Warehouse Environmental Audit: None Land Fill: Fill Unknown Location of Property: Commercial Park; Industrial Park Possession: Close Of Escrow; Negotiable Sewer: Public Sewer Soil Type: Dirt Special Information: City Jurisdiction Utilities: Electricity Available; Sewer Available; Water Available Listing Terms: Cash; Conventional Lot Features: Build to Suit; Cleared; Utility Building Road Frontage Type: Easement; Public Road Road Responsibility: Public Maintained Road Road Surface Type: Gravel Traffic Type: Auto; Medium Water Source: Public Showing Requirements: Call Listing Agent; No Sign Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 2997000
LP/Acre: 2831325.3
LP/Frontage: 10779.82

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 2631
Street Direction Prefix: NW
Street Name: 1st
Street Suffix: Avenue
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Code +4: 6603
Postal Zip: 33431
Subdivision Name: BOCA RATON INDUSTRIAL PARK
Area: 4250
Geographic Area: PB04
Parcel Number: 06434717020000111
Subdivision Number: 2
Zoning: M2 (city
Flood Zone: X
Municipal Code: No

Financial Information

Tax Year: 2022
Tax Annual Amount: 12547
Tax Legal Description: BOCA RATON INDUSTRIAL PARK LT 11 /LESS NLY 121.5 FT IN ORB563P790/

Status Change Information

Major Change Timestamp: 2024-11-22T03:01:44Z
Major Change Type: Status Change
Price Change Timestamp: 2024-06-05T20:49:54Z
Status Change Date: 2024-11-24
Under Contract Date: 2024-07-12
Close Date: 2024-11-21
Close Price: 2300000
Buyer Financing: Conventional
SP/Acre: 2771084.34

More Information

Income and Expenses

Gross Scheduled Income: 150000
Inc/Exp Statement Period: yearly

Buyer Details

Intended Use: Primary Residence
Buyer State: Florida
Zip Code: 33433

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0111

Originating Details

Originating System Key: 394069185
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Comprehensive Plan Use

Industrial: Yes
Other: Yes

Current Use

Industrial: Yes
Mixed Use: Yes
Unimproved: Yes
Warehouse: Yes

Environmental Audit

None: Yes

Land Fill

Fill Unknown: Yes

Location of Property

Commercial Park: Yes
Industrial Park: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Soil Type

Dirt: Yes

Special Information

City Jurisdiction: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Build to Suit: Yes
Cleared: Yes
Utility Building: Yes

Road Frontage Type

Easement: Yes
Public Road: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Gravel: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes
No Sign: Yes

Traffic Type

Auto: Yes
Medium: Yes

Contingencies

None: Yes