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215 5th Street, West Palm Beach FL 33401

Commercial Active With Contract
$60,000

BTC: 15,000.00000000

ETH: 24.49979584

209 days
0 room(s)

Overview

Incredible opportunity to develop one of West Palm Beach's best lots with intracoastal views, across from the Breakers. The possibilities are endless; hotel, parking garage, retail, residential. There is a second structure as part of this deal 606 N. Olive; Possibility to rehab and lease out or develop to your liking. City has allowed up to 5 stories. Please call for more details.

Location

Florida • West Palm Beach • 33401 • Commercial • Active With Contract

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1927
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,775,000
$376K – $44.0M
Confidence Low
List vs. estimate
$1.7M below estimate
List $60,000 · -96.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$98,455
2025
All facts and features

  • Property

    • Levels: 3

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 74434322120020010

    • Zoning: FWD-5(

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $98,455

  • Source details

    • MLS ID: R11141063

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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Active With Contract
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Market around this address

Live counts in the same area.
View all
This zip
33401
352
median $567K
Active
Same city
West Palm Beach
1,760
median $334K
Active
Same type
Commercial
84
median $946K
Active
Similar price
$42K – $78K
72
median $65K
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: Nicklaus Vance