5114 Okeechobee BlvdWest Palm Beach, FL 33417

Property Details for 5114 Okeechobee Blvd

Year built

1982

Construction

WOOD

Lot size

3.26 AC

Property size (Sq ft)

19,525 SF

Zone code

CG

Property type

Office properties

Property subtype

Office buildings

APN

00-42-43-26-00-000-1310

APU

424326000001310

Description

This exceptional office property, located at 5114 Okeechobee Blvd in West Palm Beach, Florida, offers multiple traditional office suites for lease. Situated in Palm Beach County, this two-story building boasts a prime location with frontage on Okeechobee Boulevard, providing excellent visibility and accessibility. The property features a total of 2007 suites, with a minimum divisible space of 905 square feet, catering to a variety of business needs. The building underwent renovations in 2012, ensuring modern and well-maintained facilities. Conveniently located near the Turnpike and I-95, this property offers unparalleled access to major transportation arteries. The zoning is CG, and the APN is 00-42-43-26-00-000-1310. Building amenities include elevators. This is an excellent opportunity for businesses seeking high-quality office space in a desirable West Palm Beach location. The property is easily accessible from Okeechobee Blvd and Haverhill. Available spaces range from 905 square feet to the maximum size of the building's 2007 suites. This presents a unique opportunity to secure a space that perfectly fits your business's requirements. The property's strategic location and modern amenities make it an ideal choice for businesses seeking a thriving and convenient work environment. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,527,298

  6.5%

  $4,179,044

  7%

  $3,880,541

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,431,464

  Geo Method

  $5,431,464

• Alternative Use

  Use

  Valuation

  Residential

  $5,182,014

  Hospitality

  $4,746,698

  Educational

  $3,949,196

  Medical

  $4,085,015

  Retail

  $6,143,194

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7065

Longitude

-80.1212

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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