561345 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
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
More Information MLS# R2225745
Contract Information
Comp Sale YN: No
Listing Date: 2002-05-21
Status: Closed
Original List Price: 4250000
Sold Price: $5,200,000
Current Price: $5,200,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Code: 33415
Geographic Area: PB22
Property Description: COLONY OAKS
Country: United States
Street Number: 345
Street Name: HAVERHILL
Area: 5500
Parcel Number: 00424335010110010
Zoning: RM
General Property Information
Stories: 1
Building Area Main: 48000
Year Built: 1987
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
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
Flooring
Carpet: 1
Location of Property
Other: 1
Possession
Close Of Escrow: 1
Utilities
Other: 1
Building and Property Details
# Of Tenants: 65
# Of Toilets: 124
% Air Conditioned: 100
Door Height: 0-8'
Interior Ceiling Height: 0
Heating
Central: 1
Sale Includes
Fixtures: 1
Machinery: 1
Construction Materials
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Other: 1
Security Features
Fire Alarm: 1
Income and Expenses
Gross Income: 535724
Other Income: 33550
Service Expense: 0
Utilities Expense: 20341
Vacancy Allowance Rate: 0
Gross Scheduled Income: 541440
Insurance Expense: 13600
Maintenance Expense: 18511
Net Operating Income: 328644
Operating Expense: 207080
Other Expense: 20446
Professional Management Expense: 42918
Supplies Expense: 6144
Description of Unit Type 1
Units Total: 65
Full Baths: 2
Annual Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Description of Unit Type 2
Annual Rent: 0
Seasonal Rent: 0
Off Season Rent: 0
Cooling
Central Air: 1
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: 1
Call Owner: 1
Price Calculations
Current Price To SqFt: 108.33
Original List Price To Close Price: 0.81
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
Originating Details
Originating System Key: 20130215210034538766000000
Originating System ID: M00000170
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
Listing Office:
Investments, Ltd.
Last Updated: January - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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