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7500 S Dixie Hwy, West Palm Beach FL 33405

Commercial For Sale
$2,200,000

BTC: 32.35294118

ETH: 22,000.00000000

40 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Great opportunity on this one-story office with established cash flow with a lease in place and a good cap rate with more upside in renting additional vacant office space for either a longer-term investment or a possibly redevelopment play ahead of the trend in south section of West Palm Beach. Medical office zoning in place along with four stories and possibly more height and density with the right mixed-use plan. 13 parking spaces. Additional public street parking along the back street on Brevard Avenue. Recent renovations in 2020 flooring, some impact windows, ceiling and security system. Two office units – a 3177 square foot office currently leased at $35.49 per square foot (gross lease) and a second unit at 880 square feet which was a former dental office and is vacant for additional rental income. Assuming the second office space is leased based on the same amount as the occupied office, the projected cap rate is in the 7% range.

Location

Florida • West Palm Beach • 33405 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1958
Lot:
0.28 Acres
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features

  • Heating

    • Central Electric

    Cooling

    • Central Building A/C

  • Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 74434410070060050

    • Zoning: NC (city

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $19,516

  • Source details

    • MLS ID: A11972183

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location

    • Window Features: Partial Impact Glass

    • Water Source: Public

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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: Coastal Properties