1311 N Dixie Highway
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by Simon Isaacs Real Estate LLC | $875,000 | |
| Listed by Simon Isaacs Real Estate LLC | |||
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This versatile property located at 1311 N Dixie Hwy offers a unique opportunity for both commercial and residential purposes. The property's spacious interior provides a flexible space to bring your business or residential vision to life. Its adaptable layout can cater to a wide array of business types, encompassing retail, offices, and service-oriented establishments. The property also boasts ample on-site parking, ensuring convenience for customers and clients. Furthermore, its proximity to various business amenities makes it a strategic choice for your commercial or residential venture. Don't miss the chance to seize this exceptional commercial property in Lake Worth Beach.
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| Oct 16, 2023 | Listed by Sandals Realty Group, Inc. | $875,000 | |
| Listed by Sandals Realty Group, Inc. | |||
| May 11, 2022 | Sold | ||
| Sold | |||
| Apr 3, 2021 | Listed by KW Reserve Palm Beach | $399,000 | |
| Listed by KW Reserve Palm Beach | |||
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Great Opportunity to make this your home, your business or BOTH !!! Zone residential / commercial. Great location and also great investment opportunity. 3 beds / 2 baths, open concept plus a bonus room. Outdoor courtyard and 1 car garage. Multiple front parkings for business if you choose.
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About Sunset Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017