1209 Gateway Road Lake Park, FL
COMMERCIAL - Lake Park, FL
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 1209 Gateway Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C4 (city)
- Parking
- 2
- Parking features
- Boat, Guest
- Security features
- Security System
- Standard status
- Active
- APN
- 36434220180012090
- Size
- 1,500 SF
- Lot size
- 1.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- OLD DIXIE COND WAREHOUSE NO 1 UNIT 209
- Tax Annual Amount
- 3556
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Wood, Laminate
- Building materials
- Block, CBS, Concrete
- Roof type
- Rolled Hot Mop, Concrete
Listing agent Chris Twardowski License #3613217 (561) 568-8089
Listing office Illustrated Properties LLC (Jupiter) 300 W Indiantown Road, Palm Beach Gardens, FL (561) 746-0008
Listing date Jul 10, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1209 Gateway Road in Lake Park, Florida, the property is zoned C4 (city). The main road location is described as providing the potential to back straight into the unit, and the area is noted for access to I-95 and nearby retail and service businesses.
Condominium association responsibilities include roof repairs, weekly dumpster service, and water, and association dues are $1,452 per quarter.
Key Highlights
- Warehouse condominium built in 1982 with 19‑foot clear ceiling height and a 12' x 12' grade‑level overhead door
- Second‑floor renovated office with central air and a newer HVAC installed less than two years ago, including baffle system
- Full bathroom in the unit with vanity, toilet, and tub/shower combination
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $45.60 |
| − Vacancy | −$15.4k | −$10.26 |
| EGI | $53.0k | $35.34 |
| − OpEx | −$13.3k | −$8.84 |
| NOI | $39.8k | $26.51 |
Alternative Uses
Property Analytics
Current Use by Public Records
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