359 10th St, Lake Park, FL, 33403 | $5,000

359 10th Street: Available for lease, with flexible options from approximately 3, 000 to 3, 700 SF. Call for pricing details. Positioned on a prominent hard corner, this property offers a rare opportunity to acquire or lease a versatile commercial asset in the heart of Lake Park. The ±6, 624 SF building sits on a 0. 35-acre lot, delivering strong visibility and frontage along 10th Street—ideal for businesses seeking exposure and accessibility. A well-maintained outdoor area adds flexibility for operations or tenant use. Located one block from the signalized intersection of Park Avenue and Old Dixie Highway, the site benefits from steady traffic flow and connectivity to nearby retail and residential corridors. The building is clean, well-kept, and adaptable to a wide range of uses under Lake Park zoning, supporting pedestrian-friendly, neighborhood-serving uses. Permitted uses included but not limited to, Permitted uses: grooming, bakeries, salons, offices, retail, studios, banks, medical/dental, and small equipment repair. Within two blocks of a major mixed-use development with 595 residential units, a public parking garage and dedicated parking, the property is positioned to benefit from increased foot traffic and long-term growth. Recent upgrades include a new roof with transferable warranty and two new HVAC units (3-ton and 5-ton), minimizing near-term capital costs. Also available for sale with seller finance option.

Features

  • Property Type: Retail
  • Construction: Block
  • Cooling: Central Air
  • Zoning: R2 (city
  • Year Built: 1971
  • Est. Taxes: $16,336
  • Lease Term Type: 36 Months
  • MLS#: A12013242
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/A12013242/35910thst_lakepark_fl?source=qrflyer
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Listing courtesy of LG Realty Group Inc.   Phone: 305-890-6226

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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359 10th St, Lake Park, FL, 33403

$5,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $4,000 $4,000 $4,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $1,361 $1,361 $1,361
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $25 $25 $33
Total Monthly Payment $1,461 $1,461 $1,469

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.