2596 Forest Hill BlvdWest Palm Beach, FL 33406

Property Details for 2596 Forest Hill Blvd

Year built

1970

Construction

CONCRETE

Lot size

0.56 AC

Property size (Sq ft)

5,500 SF

Zone code

CG

Property type

Healthcare properties

Property subtype

Medical offices

APN

70-43-44-08-23-008-0011

APU

70434408230080011

Description

This exceptional 3,300 square foot single-tenant commercial space is ideally situated at 2596 Forest Hill Boulevard in West Palm Beach, Florida, within the Palm Springs submarket of Palm Beach County. The property is classified as Retail, Office, and Special Purpose, currently configured as a fully built-out dental office, making it an excellent opportunity for medical or professional practices. The building itself is a two-tenant structure, offering a well-established presence in a thriving area. The property's location in West Palm Beach provides easy access to major roadways, ensuring convenient commutes for both staff and clients. The precise coordinates are latitude 26.65057700134505 and longitude -80.08189728043908, with a zip code of 33406. This turnkey solution eliminates the need for extensive renovations, allowing for immediate occupancy and a rapid return on investment. The space is perfect for a variety of uses, including but not limited to medical offices, traditional office spaces, and creative office environments. This presents a rare opportunity to acquire a move-in ready commercial property in a highly desirable location. The property's single-tenant occupancy ensures a streamlined management experience.

• CAP approach

  CAP return

  Valuation

  6%

  $1,413,390

  6.5%

  $1,304,668

  7%

  $1,211,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,529,990

  Geo Method

  $1,529,990

• Alternative Use

  Use

  Valuation

  Residential

  $1,617,788

  Hospitality

  $1,481,885

  Educational

  $1,232,911

  Medical

  $1,275,313

  Retail

  $1,917,862

Location Insight

City

Palm Springs

County

Palm Beach

State

Florida

Latitude

26.6502

Longitude

-80.0817

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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