Property Details for 12959 Palms West Dr

Year built

2006

Property size

1,995 SF

Property type

Office properties & Spaces

Description

This exceptional 1,995 square foot medical office building in Loxahatchee, Florida, presents a rare opportunity for ownership. Completely renovated in 2023, this turn-key property boasts new flooring, paint, doors, AC units, cabinetry, ceiling tiles, and fixtures. Ideally situated on the campus of Palms West Hospital and just four miles from Wellington Regional Hospital, this six-unit building offers an optimal floor plan. Currently configured as two to three physician offices and three to four exam rooms, the space is adaptable; the oversized physician office can be subdivided to create an additional room. Amenities include separate patient and staff bathrooms, a staff breakroom and kitchen, a separate physician entrance, a security buzzer for patient access, and office and building cameras. Onsite maintenance is provided, and the low CAM fee includes fiber internet. Recent building improvements include a new silicone roof (2023), new lobby AC units, updated landscaping, and renovated lobby areas. The asking price is $975,000. This property offers significant potential for passive income and represents a compelling investment opportunity. The building was constructed in 2006 and sits on a 0 square foot lot. The property is being sold furnished, excluding some equipment.

Location Insight

City

Loxahatchee

County

Palm Beach

State

Florida

Longitude

-80.2494

Latitude

26.6852