4652 Cherry Road, West Palm Beach, FL 33417

$7,350,000
Property Type: Commercial Sale Status: Closed
Current Price: $7,350,000 List Date: 7/12/2006 Last Modified: 4/09/2026

Overview

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"

Listing Details MLS# M1072361

General Property Information

Number Of Buildings
26
Property Sub Type
Multi Family
Number Of Units Total
7
Price Per Unit
95192
Occupant Type
Tenant
Year Built
1985
Year Built Details
YearBuiltDescription Resale
Parking Total
104
Stories Total
2

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

Contract Information

Comp Sale YN
No
Original List Price
9900000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
4652
Street Name
Cherry
Street Suffix
Road
City Name
West Palm Beach
State Or Province
FL
Postal Code
33417
Area
5500
Geographic Area
PB27
Parcel Number
00424325160001430
Subdivision Number
16
Zoning
Yes
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.

Financial Information

Tax Legal Description
CHERRY LANE TWNHS UNIT 143

Status Change Information

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
Buyer Financing
Cash

More Information

Income and Expenses

Gross Scheduled Income
1458240
Inc/Exp Statement Period
00
Maintenance Expense
21600
Real Estate Taxes
92412
Total Expenses
394851

Description of Unit Type 1

Units Total
4
Furnished
No

Description of Unit Type 2

Units Total
60
Furnished
No

Description of Unit Type 3

Units Total
40
Furnished
No

Section Details

Parcel Number MLX
1430

Originating Details

Originating System Key
27351278
Originating System ID
M00000151
IDX
Listing Office: Capital Commercial R.E. Group
Last Updated: April - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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