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120 S Olive Avenue # 703, West Palm Beach FL 33401

Commercial For Sale
$499,000

BTC: 7.79687500

ETH: 262.26716562

25 days
0 room(s)

Overview

Unique Commercial Office Condo in the Historic Guaranty Building. Own a piece of West Palm Beach history with this distinctive commercial office condominium located in the iconic Guaranty Building. Designed by renowned architects Harvey and Clarke and completed in 1922, this landmark property offers a prestigious setting for your business and clients. Spanning over 1,000 square feet, the office has been thoughtfully renovated within the past five years, including the installation of a new HVAC system. The building showcases remarkable architectural details and timeless character rarely found in modern office spaces. Adding to its rich history, the Guaranty Building is rumored to house a hidden speakeasy once frequented by Al Capone during the Roaring Twenties. Situated in the heart of downtown West Palm Beach, the location offers exceptional convenience. Enjoy walking access to the waterfront, dining, shopping, entertainment, and cultural attractions. Commuters will appreciate the proximity to the Brightline, Tri-Rail, and I-95, while Palm Beach International Airport is just a short 10-minute drive away. Whether you're seeking an impressive headquarters, professional office, or investment opportunity, this exceptional property combines historic prestige, modern updates, and an unbeatable downtown location. Schedule your private showing today and experience the distinction of the Guaranty Building firsthand.

Location

Florida • West Palm Beach • 33401 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
None
Year Built:
1925
Lot:
No Data
Heating:
Other
Price/sqft:
No Data
Cooling:
Central Air
HOA:
$2,217

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,500
$224K – $3.8M
Confidence Low
List vs. estimate
$100K below estimate
List $499,000 · -16.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,611
2025
HOA
$2,217/mo
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Other

    Cooling

    • Central Air

    Other interior features

    • Elevator

  • Parking

    • None

    Property

    • Levels: 8

    • Exterior Features: East Of Us1

    Other Property Information

    • Parcel Number: 74434322400007030

    • Zoning: CWD-CD (city)

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $2,217

    • HOA Frequency: Monthly

    • Annual tax amount: $6,611

  • Source details

    • MLS ID: B26043065

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Central Business District / City Location / East Of US 1 / Corner Unit

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33401
350
median $575K
Active
Same city
West Palm Beach
1,818
median $345K
Active
Same type
Commercial
79
median $998K
Active
Similar price
$349K – $648K
357
median $479K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Higher Standards Real Estate