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2800 Broadway

2800 Broadway, West Palm Beach, FL 33404
Commercial in Lee Wood Park
Local assessors in West Palm Beach, FL have categorized 2800 Broadway as a commercial type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 7,471 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 2800 Broadway is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2800 Broadway sold most recently in May 13, 2019 for a total of $285,000. If you work out the math, that's approximately a cost of $149.76 per sqft. Before that, the property was also sold for $217,000 in Aug 9, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,769 in taxes each year. 2800 Broadway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $252,975. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190118
01/18/2019
Studio
-
-
$395,000
bedrooms
Studio
bathrooms
-
$285,000 -27.85%
05/22/2019
-
Chip Armstrong

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,471
  • Total Building Area: 1,903
  • Gross Building Area: 1,903
  • Building Area: 1,903
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: WOOD PARK
  • Land Acres: 0.172
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LEE-WOOD PARK LTS 1 & 2 /LS RD R/W/

Ownership

  • Current Owner : REDHOOK COMPANY LLC
  • Previous Owner : 4595 LLC
  • Owner Before Previous Owner: 2800 BRAODWAY LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001200

Zoning

  • Zoning: DC

Geography

  • Assessors Map Reference: 96
  • Parcel: 56-43-42-28-17-000-0010
  • Lot: 1,2
  • Meridian: SEC 28 TWN 42S RNG 43E
  • Municipality: RIVIERA BEACH
  • Latitude: 26.7849
  • Longitude: -80.0546

    Address

  • Full Address: 2800 Broadway
  • Address - House Number: 2800
  • Address - Street Name: Broadway
  • State: FL
  • City Name: Riviera Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 2368
  • Zip Code: 33404

Valuation

    Tax

  • Total Area: 2,000
  • Tax Year: 2022
  • Tax Amount: $5,769
  • Tax Rate Code Area: 56407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: SILVER HILL FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 22, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $213,750
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2044

    Market Valuation

  • Market Total Value: $257,320
  • Market Land Value: $97,110
  • Market Improvement Value: $160,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $252,975

    Sales

  • Current Sale Contract Date: May 13, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11609378496
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190185734
  • Previous Sale Recording Date: Aug 11, 2016
  • Previous Sale Contract Date: Aug 09, 2016
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVER HILL FINANCIAL LLC
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2044

    Financing

  • First Mortgage Financing Type: Variable

About Lee Wood Park



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Frequently Asked Questions

What neighborhood is 2800 Broadway located in?
The 2800 Broadway is a commercial located in the neighborhood of Lee Wood Park in Lee Wood Park, West Palm Beach.
What is the average sales price for listings in 2800 Broadway?
The average sales price for units in 2800 Broadway is $395,000 currently.

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