NOT LISTED FOR SALE

7437 S Military Trail Unit 7435 Lake Worth, FL 33463

West Boynton Neighborhood

Estimated Value: $4,619,474

-- Bed
-- Bath
27,969 Sq Ft
$165/Sq Ft Est. Value

About This Home

Center is facing Military Trail. Just south of Hypoluxo. Property is updated and well maintained. Many businesses existing to feed off of and high traffic count.
Center caters to the local community!
On major road with great exposure and ample Parking
Excellent for Retail or Restaurant!
Great lease!
Negotiable Terms!
Rent concession and TI for qualified Tenants!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Spectrum Square Llc
Bought by
Spectrum Square Llc
Current Estimated Value
$4,619,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Outstanding Balance
$2,146,161
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$2,473,313

Purchase Details

Closed on
Nov 8, 2012
Sold by
Herrada Investments Ii Lllp
Bought by
Spectrum Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,722,500
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Military 10 Lc
Bought by
Herrada Investments Ii Lllp and Herrada Investments Iii Lllp

Purchase Details

Closed on
Aug 7, 1998
Sold by
Military Trail Assoc
Bought by
Crowne Investments L P
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spectrum Square Llc $3,400,000 Attorney
Spectrum Square Llc $2,650,000 Attorney
Herrada Investments Ii Lllp $4,700,000 --
Crowne Investments L P $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spectrum Square Llc $2,350,000
Previous Owner Spectrum Square Llc $1,722,500
Previous Owner Herrada Investments Iii Lllp $4,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Rented $4,743 -20.0% --
03/28/2017 03/28/17 For Rent $5,928 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $82,385 $4,254,096 -- --
2023 $76,069 $3,867,360 $1,674,400 $2,789,014
2022 $67,502 $3,515,782 $0 $0
2021 $59,865 $2,900,000 $0 $2,900,000
2020 $60,154 $2,900,000 $0 $2,900,000
2019 $61,114 $2,900,000 $0 $2,900,000
2018 $59,481 $2,900,000 $0 $2,900,000
2017 $60,556 $2,900,000 $0 $0
2016 $59,750 $2,800,000 $0 $0
2015 $59,119 $2,640,000 $0 $0
2014 $55,392 $2,400,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Rafailovitc

    Seller's Agent in 2017

    Steven Rafailovitc

    Current Capital Realty

    (954) 607-8884

    44 Total Sales

    Steven Rafailovitc
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Map

Florida Palm Beach County Lake Worth 33463 West Boynton

7437 S Military Trail Unit 7435, Lake Worth, FL

This home is located at 7437 S Military Trail Unit 7435, Lake Worth, FL 33463 and is currently estimated at $4,619,474, approximately $165 per square foot. 7437 S Military Trail Unit 7435 is a home located in Palm Beach County with nearby schools including Hidden Oaks Elementary School, Christa Mcauliffe Middle School, and Park Vista Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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