591 Evernia StWest Palm Beach, FL 33401

Property Details for 591 Evernia St

Year built

2018

Construction

STEEL FRAME

Lot size

1.22 AC

Property size (Sq ft)

376,628 SF

Zone code

QBD-8

Property type

High-rise multifamily apartments

APN

74-43-43-21-35-001-0000

APU

74434321350010000

Description

Prime retail space is available at Parkline Palm Beach, a vibrant new development situated directly at the West Palm Beach Brightline train station. This 60,000 square foot transportation hub offers unparalleled access to a multitude of attractions, including museums, golf courses, wildlife sanctuaries, beaches, and entertainment venues. The property enjoys a highly desirable location, just steps from the Government Center, Clematis District, Rosemary Square, Centennial Park, and the Waterfront. Three restaurant spaces are currently available, ranging in size from a minimum of 1,120 square feet to a maximum contiguous space of 5,105 square feet. A total of 8,427 square feet of vacant space is currently available for lease. This presents a unique opportunity for businesses seeking high visibility and convenient access to a diverse customer base within a bustling, newly developed area. The spaces are located at the base of Parkline Palm Beach, a luxury rental community, ensuring a constant flow of potential customers. The property is located in Palm Beach County, Florida, at 591 Evernia Street, West Palm Beach, FL 33401. This is an exceptional opportunity to establish a thriving business in a rapidly growing and highly sought-after location. The multiple tenancy structure allows for flexibility in lease terms and space configuration.

• CAP approach

  CAP return

  Valuation

  6%

  $108,288,488

  6.5%

  $99,958,600

  7%

  $92,818,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $162,394,080

  Geo Method

  $162,394,080

• Alternative Use

  Use

  Valuation

  Residential

  $99,958,600

  Hospitality

  $91,561,544

  Educational

  $76,178,128

  Medical

  $78,798,008

  Retail

  $118,499,312

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7117

Longitude

-80.0564

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].