1411 Flagler DrWest Palm Beach, FL 33401

Property Details for 1411 Flagler Dr

Year built

1988

Construction

STEEL FRAME

Lot size

0.72 AC

Property size (Sq ft)

164,082 SF

Zone code

CSPD

Property type

Office properties

Property subtype

Office buildings

APN

74-43-43-15-00-006-0030

APU

74434315000060030

Description

This fully renovated, 164,082 square foot medical office suite in West Palm Beach, Florida, presents a remarkable leasing opportunity. Located at 1411 N Flagler Dr #8700 (APN 74434315000060030), this single-tenant space is ideal for medical professionals. The property boasts modern, high-end finishes throughout, including a stylish reception area equipped with a beverage refrigerator and a high-quality sound system. The suite features brand new quartz countertops and cabinets, top-of-the-line furniture (including exam tables), and a convenient kitchen/break room with a refrigerator and microwave. Private bathrooms are included within the space, and all exam rooms are equipped with sinks and plumbing. Ample parking is available for staff and patients. The space is available for lease on a full-time basis or for a flexible schedule (rent will be prorated based on the number of days per week). Lease terms are negotiable, ranging from one to five years. The zoning for this property is CSPD (ci). This turnkey solution offers immediate occupancy with fully furnished accommodations, as depicted in the provided photographs.

• CAP approach

  CAP return

  Valuation

  6%

  $38,045,992

  6.5%

  $35,119,380

  7%

  $32,610,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,644,332

  Geo Method

  $45,644,332

• Alternative Use

  Use

  Valuation

  Residential

  $43,548,028

  Hospitality

  $39,889,760

  Educational

  $33,187,812

  Medical

  $34,329,192

  Retail

  $51,625,488

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7259

Longitude

-80.0512

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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