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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

Property Facts

Sale Type
Investment
Sale Conditions
Bulk/Portfolio Sale
Property Type
Office
Building Size
5,452 SF
Building Class
B
Year Built
1925
Price
$27,210,200 CAD
Price Per SF
$4,990.87 CAD
Percent Leased
100%
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

Amenities

  • Reception
  • Storage Space
  • Natural Light
  • Air Conditioning
  • Smoke Detector
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
74-43-43-21-06-026-0192
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$910,651 CAD
  • Listing ID: 38342932

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 401-413 N Rosemary Ave, West Palm Beach, West Palm Beach, FL 33401

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