100 Century BlvdWest Palm Beach, FL 33417

Property Details for 100 Century Blvd

Year built

1968

Construction

WOOD

Lot size

2.07 AC

Property size (Sq ft)

11,672 SF

Zone code

RH

Property type

Healthcare properties

Property subtype

Medical offices

APN

00-42-43-23-01-000-0050

APU

424323010000050

Description

This exceptional special-purpose property, located within the gated Century Village retirement community, offers a unique investment opportunity. The 27,512 square-foot building boasts five available suites ranging from 900 to 2,742 square feet, catering to diverse business needs. Unit 101 (2,742 sq ft) and Unit 104 (1,318 sq ft), both first-floor spaces, offer drive-up accessibility and are move-in ready with existing floor plans; Unit 104 also presents a built-to-suit option. Unit 201 (2,400 sq ft), a second-floor space across from Cano Health, is ideal for immediate occupancy, featuring a reception area. Units 202B (900 sq ft) and 203 (2,519 sq ft), both second-floor shell spaces, provide the opportunity to create a custom-designed office. The property enjoys a strategic location, just four minutes from the Florida Turnpike and nine minutes from I-95, and benefits from being the only commercial development within Century Village, anchored by Walgreens. The property's zoning is RHMULTI-FAMILY, and the APN is 00424323010000050. This is a single-tenant building with a total of one building suite.

• CAP approach

  CAP return

  Valuation

  6%

  $2,706,408

  6.5%

  $2,498,223

  7%

  $2,319,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,246,917

  Geo Method

  $3,246,917

• Alternative Use

  Use

  Valuation

  Residential

  $3,097,796

  Hospitality

  $2,837,565

  Educational

  $2,360,820

  Medical

  $2,442,013

  Retail

  $3,672,388

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7158

Longitude

-80.1239

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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