$7,350,000
West Palm Beach, FL 33417
MLS# M1072361
Status: Closed
Property Description
18, one story rectangular shaped buildings (4 attached villas per building) Each villa has its own electric & water meter and has its own tax id number. (12 out of the 72 villas are individually owned and arenot included in this sale) Additionally, ther e are 5, two story garden style buildings (8 condos per building). These 40 condos have separate electric & water meters. Next, this awesome development is complete with a one story garden style building with 4 one bedroom units. Property offered "AS IS"
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2006-07-11
Status: Closed
Original List Price: 9900000
Sold Price: $7,350,000
Current Price: $7,350,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Municipal Code: 0
Postal Code: 33417
Geographic Area: PB27
Subdivision Number: 16
Country: United States
Street Number: 4652
Street Name: Cherry
Street Suffix: Road
State Or Province: FL
Area: 5500
Parcel Number: 00424325160001430
Zoning: 1
Directions: TAKE OKEECHOBEE BLVD (WEST OF 95 OR EAST OF THE TURNPIKE) TO MILITARY TRAIL. GO SOUTH TO THE 2ND TRAFFIC LIGHT (CHERRY ROAD). TURN RIGHT (WEST). LAKESIDE VILLAS MAIN ENTRANCE IS JUST PAST THE LAKE ON THE LEFT HAND SIDE.
General Property Information
Number Of Buildings: 26
Number Of Units Total: 7
Price Per Unit: 95192
Occupant Type: Tenant
Year Built Details: YearBuiltDescription Resale
Stories Total: 2
Property Sub Type: Multi Family
Year Built: 1985
Parking Total: 104
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2006-10-21T03:19:30Z
Major Change Type: Status Change
Status Change Date: 2006-10-30
Under Contract Date: 2006-07-28
Close Date: 2006-10-20
Close Price: 7350000
Electric
Other: 1
Flooring
Carpet: 1
Tile: 1
Parking Features
Assigned: 1
Property Condition
Resale: 1
Documents Available
Other Available Information: 1
Heating
Electric: 1
Construction Materials
Other: 1
Roof
Other: 1
Income and Expenses
Inc/Exp Statement Period: 00
Real Estate Taxes: 92412
Total Expenses: 394851
Gross Scheduled Income: 1458240
Maintenance Expense: 21600
Source Of Expenses
Owner Provided: 1
Description of Unit Type 1
Units Total: 4
Furnished: No
Description of Unit Type 2
Units Total: 60
Furnished: No
Cooling
Central Building: 1
Description of Unit Type 3
Units Total: 40
Furnished: No
Section Details
Parcel Number MLX: 1430
Financial Information
Tax Legal Description: CHERRY LANE TWNHS UNIT 143
Originating Details
Originating System Key: 27351278
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Electric: Other
Flooring: Carpet; Tile
Heating: Electric
Parking Features: Assigned
Property Condition: Resale
Source Of Expenses: Owner Provided
Construction Materials: Other
Cooling: Central Building
Roof: Other
Listing Office: Capital Commercial R.E. Group
Last Updated: April - 09 - 2026
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