3677 23rd Avenue S Unit C107, Lake Worth, FL 33461
Light industrial condo with impact-resistant openings, located in a fenced, gated business park near I-95.
- Added:
- Jun 14, 2026
- Days on Market:
- 19
- Last Refresh:
- Jul 1 at 5:37 am
Property Features for 3677 23rd Avenue S Unit C107
General Information
- Standard status
- Active
- Size
- 2,174 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2007
Listing office Christina Morrison PA (561) 573-7083
Listing date Jun 14, 2026
Source Lehmannflorida
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 Morrison PA
HighLights
- 2,200 SF light industrial condo in Marlin Commerce Center
- Built in 2007 with 21st‑century construction
- Impact‑resistant doors and windows throughout
- Located in a fenced, gated business park
- Less than 1 mile from I‑95
Overview
The property is located in Lake Worth Beach, Florida, within a business park environment described as less than 1 mile from I-95. The site configuration centers on an industrial condo product designed for straightforward access and use by companies needing warehouse or light industrial space.
For contractors, distributors, or warehousing operators, this unit’s compact, single-bay configuration can fit day-to-day storage and operational needs without the scale of a larger distribution facility. The impact-resistant openings and controlled-access setting support tenants and buyers who prioritize durability and security for equipment and inventory. Unit C107 is now available for purchase for an owner-operator who wants to occupy and manage their own light industrial space.
Local Financial Insights For Flex RnD
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 | $78.3k | $36.00 |
| − Vacancy | −$4.7k | −$2.16 |
| EGI | $73.6k | $33.84 |
| − OpEx | −$25.7k | −$11.84 |
| NOI | $47.8k | $22.00 |
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
