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801 SPENCER Drive, West Palm Beach FL 33409

Commercial For Sale
$3,000,000

BTC: 37.03703704

ETH: 1,224.98979175

3 days
0 room(s)

Overview

801 Spencer Drive offers an established 3,665 SF single-story commercial office building on approximately 0.29 acres in a highly accessible West Palm Beach location. The existing improvements provide immediate owner-user, professional office or investment potential, while the GC zoning and strategic location create longer-term redevelopment possibilities. Property may be purchased individually or as part of an assemblage with adjacent 2701 Okeechobee Boulevard. Combined, the properties create a substantial commercial site with road access on three sides, significantly enhancing visibility, ingress/egress and future site-planning flexibility. A rare opportunity to acquire an existing income-capable commercial asset with the added potential of a larger Okeechobee Boulevard assemblage.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1964
Lot:
0.30 Acres
Heating:
Central Building A/C / Electric / Zoned
Price/sqft:
No Data
Cooling:
Central Building A/C / Electric / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,200,000
$495K – $2.9M
Confidence Low
List vs. estimate
$800K above estimate
List $3,000,000 · +36.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 17 public-records sales within 0.5 mi
Median actual sale: $485K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,912
2025
Parking
12 spaces
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    • Wood

    Heating

    • Central Building A/C

    • Electric

    • Zoned

    Cooling

    • Central Building A/C

    • Electric

    • Zoned

  • Property

    • Levels: 1

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 74434319010000025

    • Zoning: GC (city)

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Cable Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $17,912

  • Source details

    • MLS ID: B26070387

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Central Business District / City Location / 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • 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

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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: EXP Realty LLC