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754 Park Avenue

754 Park Avenue, West Palm Beach, FL 33403
Property in Kelsey City
1 Units For Sale
Unit for sale at 754 Park Avenue, Lake Park, FL 33403

$2,500,000

  • Commercial
  • 4,732 ft²
754 Park Avenue, Lake Park, FL 33403 Listing by Robert C Armstrong

Local assessors in West Palm Beach, FL have categorized 754 Park Avenue as a commercial type of property. The home was built in 1969 and is 55 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 14,375 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 1,150 ft. This is a 2 story home so residents will need to have climb at least one set of 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. 754 Park Avenue 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 roof that is made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central 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, 754 Park Avenue sold most recently in Sep 7, 2022 for a total of $1,746,842. If you work out the math, that's approximately a cost of $369.16 per sqft. Before that, the property was also sold for $320,000 in Jul 7, 2017. 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 $7,303 in taxes each year. 754 Park Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $283,494. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 4,732
  • Gross Building Area: 4,732
  • Building Area: 4,732
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • 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: KELSEY CITY
  • Land Acres: 0.33
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: KELSEY CITY LT 20 (LESS E 10 FT) & LTS 21 TO 24 INC BLK 10

Ownership

  • Current Owner : 754 PARK AVENUE-LAKE PARK LLC
  • Previous Owner : 754 PARK AVE LLC
  • Owner Before Previous Owner: PARK AVE BBQ & GRILLE OF LAKE PARK INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001101

Zoning

  • Zoning: PADD

Geography

  • Assessors Map Reference: 87
  • Parcel: 36-43-42-20-01-010-0201
  • Block: 10
  • Lot: 20
  • Meridian: SEC 20 TWN 42S RNG 43E
  • Municipality: LAKE PARK
  • Latitude: 26.7984
  • Longitude: -80.0683

    Address

  • Full Address: 754 Park Ave
  • Address - House Number: 754
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 2504
  • Zip Code: 33403

Valuation

    Tax

  • Total Area: 2,232
  • Tax Year: 2022
  • Tax Amount: $7,303
  • Tax Rate Code Area: 36507

    Market Valuation

  • Market Total Value: $389,603
  • Market Land Value: $215,625
  • Market Improvement Value: $173,978

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $283,494

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Transaction ID: 11896781106
  • Current Sale Price: $1,746,842
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 377491
  • Previous Sale Recording Date: Jul 12, 2017
  • Previous Sale Contract Date: Jul 07, 2017
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WILLIAM G JULIANN
  • Previous Mortgage Transaction Date: Jul 12, 2017
  • Previous Mortgage Loan Amount: $178,329
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Kelsey City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 754 Park Avenue located in?
The 754 Park Avenue is a located in the neighborhood of Kelsey City in Kelsey City, West Palm Beach.
How many listings are currently for sale in 754 Park Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 754 Park Avenue?
The average sales price for units in 754 Park Avenue is $2,500,000 , or $528/sqft. currently.

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