751 Northlake BlvdNorth Palm Beach, FL 33408

  • Retail properties
  • 11,964 SF
For Lease
$19/SF/YR View listing

Property Details for 751 Northlake Blvd

Year built
1981
Construction
CONCRETE
Lot size
0.69 AC
Property size (Sq ft)
11,964 SF
Zone code
C-NB
Property type
Retail properties
Property subtype
Retail space
APN
68-43-42-17-00-000-5050
APU
68434217000005050

Description

This exceptional 1,500-square-foot traditional office space is available for lease in the vibrant North Palm Beach, Florida market. Located at 751 Northlake Blvd, zip code 33408, this Class B office building offers a prime location on a busy thoroughfare. Built in 1981 and extensively renovated in 2024, the space boasts a flexible layout currently configured with one private office and a reception area, along with an open floor plan. The open area has been easily divided into smaller offices in the past, offering adaptability to suit various business needs. The property features ample parking with 40 total spaces available. The zoning designation is CNB. The property's APN is 68-43-42-17-00-000-5050. This is a multi-tenant building, providing a professional and collaborative environment. Benefit from the recent renovations and the convenience of a high-traffic location. This space presents a fantastic opportunity for businesses seeking a modern, well-maintained office in a desirable area of North Palm Beach. Seize this chance to establish your presence in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,292,980
    6.5%
    $6,731,981
    7%
    $6,251,125
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,685,353
    Geo Method
    $7,685,353
  • Alternative Use

    Use
    Valuation
    Residential
    $5,678,678
    Hospitality
    $5,201,638
    Educational
    $4,327,702
    Medical
    $4,476,538
    Retail
    $6,731,981
751 Northlake Blvd, North Palm Beach, Florida

Location Insight

City
North Palm Beach
County
Palm Beach
State
Florida
Latitude
26.8083
Longitude
-80.0713
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,304
$747,675
$817,356
$1,565,031
-
$747,675
$817,356
$1,565,031

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