$8,400,000
Lake Worth, FL 33449
MLS# R11134491
Status: Closed
31700 sqft
1 / 27
Property Description
This 31,700 square foot industrial facility represents a rare and valuable opportunity to secure a premium asset in one of South Florida's tightest and most sought-after industrial submarkets — Palm Beach County. Strategically positioned within the Western Communities, access to major transportation routes, including I-95, Florida's Turnpike, and SR 7, this facility is ideally suited for companies requiring distribution, warehousing, or light manufacturing space. The Cap rate for this property is 5.9%
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2025-10-24
Status: Closed
Original List Price: 9950000
Sold Price: $8,400,000
Current Price: $8,400,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth
Postal Code: 33449
Geographic Area: PB18
Multiple Offers Accepted: Yes
Property Description: Industrial/warehouse
Country: United States
Street Number: 10101
Street Direction Prefix: W
Street Name: Lantana
Street Suffix: Road
State Or Province: FL
Area: 5790
Parcel Number: 00414436070000023
Zoning: MUPD
Directions: Just west of the corner of Lantana Road and State Road 7 (441). Behind Dunkin Donuts, Tires Plus and Mobil Gas
General Property Information
Number Of Units Total: 10
Lot Size Area: 155073.6
Stories: 1
Property Sub Type: Industrial
Building Area Main: 31700
Building Area Source: Appraiser
Year Built: 2006
Lot Size Acres: 3.56
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2026-04-17T14:19:11Z
Major Change Type: Status Change
Status Change Date: 2026-04-17
Under Contract Date: 2026-03-13
Close Date: 2026-04-16
Close Price: 8400000
Electric
110 Volts: 1
220 Volts: 1
Three Phase: 1
Flooring
Concrete: 1
Laminate: 1
Tile: 1
Property Condition
Resale: 1
Documents Available
Copy Of Lease(s): 1
Existing Survey: 1
Owner Managed: 1
Photos: 1
Meter Information
Number Of Meters Total: 1
Structure Type
Industrial: 1
Office: 1
Warehouse: 1
Tenant Pays
Common Area Maintenance: 1
Electricity: 1
Maintenance: 1
Repairs: 1
Taxes: 1
Sewer
Public Sewer: 1
Special Information
County Jurisdiction: 1
Building and Property Details
# Of Bays: 10
# Of Tenants: 10
# Of Toilets: 15
% Air Conditioned: 90
Door Height: 12+'
Interior Ceiling Height: 24
Maximum Ceiling Height: 24
Building Features
Anchor Tenant: 1
Manager On Premises: 1
Meeting Room(s): 1
Overhead Door(s): 1
Rear Access: 1
Reception Area: 1
Separate Office Area: 1
Showroom: 1
Storage: 1
Business Type
Manufacturing: 1
Storage: 1
Warehouse: 1
Ceiling
Acoustic: 1
Exposed: 1
Common Area Maintenance Includes
Lawn Care: 1
Management Fees: 1
Outside Insurance: 1
Real Estate Tax: 1
Water: 1
Heating
Central Individual: 1
Sale Includes
Building: 1
Land: 1
Sprinkler Description
Other Sprinkler: 1
Construction Materials
Pre-Fab Construction: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Landscaped: 1
Road Frontage Type
Easement: 1
Roof
Composition: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security System Leased: 1
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Vacancy Allowance Rate: 100
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Text Listing Agent: 1
Contingencies
Inspection: 1
Buyer Details
Country of Origin: United States
Intended Use: Investment
Price Calculations
Current Price To SqFt: 313.88
Financial Information
Association Fee: 2000
Association Fee Frequency: Annually
Tax Annual Amount: 80904.6
Tax Year: 2024
Tax Legal Description: 441 LAND TRUST PLAT SLY 579.32 FT OF WLY 277.85 FT OF ELY 547.85 FT OF LT 2
Originating Details
Originating System Key: 20251022185258110254000000
Originating System ID: M00000170
Property Features
Building Features: Anchor Tenant; Manager On Premises; Meeting Room(s); Overhead Door(s); Rear Access; Reception Area; Separate Office Area; Showroom; Storage
Business Type: Manufacturing; Storage; Warehouse
Ceiling: Acoustic; Exposed
Common Area Maintenance Includes: Lawn Care; Management Fees; Outside Insurance; Real Estate Tax; Water
Documents Available: Copy Of Lease(s); Existing Survey; Owner Managed
Electric: 110 Volts; 220 Volts; Three Phase
Flooring: Concrete; Laminate; Tile
Heating: Central Individual
Property Condition: Resale
Sale Includes: Building; Land
Sprinkler Description: Other Sprinkler
Tenant Pays: Common Area Maintenance; Electricity; Maintenance; Repairs; Taxes
Construction Materials: Pre-Fab Construction
Cooling: Central Individual
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Landscaped
Road Frontage Type: Easement
Roof: Composition
Security Features: Fire Alarm; Fire Sprinkler System; Security System Leased; Smoke Detector(s)
Sewer: Public Sewer
Special Information: County Jurisdiction
Structure Type: Industrial; Office; Warehouse
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied; Text Listing Agent
Contingencies: Inspection
Listing Office: Tiffany Realty of the Palm Bch
Last Updated: April - 17 - 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.