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401-413 N Rosemary Ave, West Palm Beach 5,452 SF Vacant Office Building West Palm Beach, FL 33401 $27,698,200 CAD ($5,080.37 CAD/SF)



INVESTMENT HIGHLIGHTS
- Strong redevelopment momentum
- Strong potential for appreciation if the development is executed well.
- Location context is favorable
EXECUTIVE SUMMARY
Premium Real Estate Portfolio Downtown West Palm Beach, FL consisting of a strategically located real estate at 401, 403, 405, 407, 409, 411, & 413 North Rosemary Avenue, West Palm Beach, FL 33401, inclusive of 5 stories of air rights.This is a rare opportunity to acquire prime property in the dynamic Downtown West Palm Beach corridor—an area experiencing significant growth & redevelopment activity. The portfolio's location, zoning potential, & available air rights create a strong platform for vertical expansion or future mixed-use development.All submissions will be carefully reviewed. The portfolio is being offered as a single transaction & will not be subdivided or sold separately. The existing structures are anticipated to be removed by the buyer, presenting a significant redevelopment opportunity in prime downtown WPB. Brokers & investors, please submit Letters of Intent (LOIs) and proposals to CarmellaSmith@keyes.com. All measurements, dimensions, property details, & info provided are approximate & intended for general informational purposes only. Buyers & their reps are advised to conduct their own due diligence & independently verify all info, inc but not limited to: property boundaries, sq ftge, zoning, land use, air rights, structural conditions, & other relevant data. Neither the seller, listing broker, their agents make any representations or warranties, expressed or implied, to the accuracy of the info provided
Any Broker Advertise: No
Any Broker Advertise: No
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
5,452 SF
Building Class
B
Year Built
1925
Price
$27,698,200 CAD
Price Per SF
$5,080.37 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,452 SF
Building FAR
0.60
Lot Size
0.21 AC
Zoning
NC - COMMERCIAL (1000)Zoning: NWD-5 (city)/URBAN CENTER
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 74-43-43-21-06-026-0192 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $842,711 CAD |
PROPERTY TAXES
Parcel Number
74-43-43-21-06-026-0192
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$842,711 CAD
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401-413 N Rosemary Ave, West Palm Beach
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