3677 23 Ave S B104, Lake Worth, FL 33461
2200 SF flex warehouse with offices near I-95.
- Added:
- Apr 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 24 at 3:59 pm
Property Features for 3677 23 Ave S B104
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing agent Christina H Morrison PA (561) 573-7083
Listing office (561) 573-7083
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Christina H Morrison PA
HighLights
- Prime location near I95 and Palm Beach International Airport (PBIA).
- 2,200 SF flex space: 1,600 SF warehouse with overhead door plus 600 SF of office space and restroom.
- Durable, modern construction: concrete exterior walls, impact‑resistant glass, and wind‑tested overhead doors.
- Condo fees cover exterior maintenance, water, sewer, and insurance.
- Strong condo association with no debt and significant reserves.
- Built in 2007.
Overview
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 | $100.3k | $45.60 |
| − Vacancy | −$22.6k | −$10.26 |
| EGI | $77.7k | $35.34 |
| − OpEx | −$19.4k | −$8.84 |
| NOI | $58.3k | $26.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0796212
- Latitude
- 26.6212863