208 Olive AveWest Palm Beach, FL 33401

Property Details for 208 Olive Ave

Year built

1930

Construction

WOOD

Lot size

0.04 AC

Property size (Sq ft)

2,300 SF

Zone code

FWD-5

Property type

Office properties

Property subtype

Office buildings

APN

74-43-43-21-01-006-0063

APU

74434321010060063

Description

This exceptional commercial property, located at 208-210 South Olive Avenue in the vibrant heart of Downtown West Palm Beach, Florida, presents a rare opportunity. Situated between Datura Street and Evernia Street, this ground floor space offers unparalleled visibility and accessibility. The building encompasses a total of 4,600 square feet, with two distinct suites currently available for lease. One suite measures 2,174 square feet, while the other offers 2,426 square feet, providing flexibility for a variety of business needs. The property is classified as both Creative and Traditional Office space, catering to diverse business models. Its location in Palm Beach County, with a zip code of 33401, ensures easy access to major transportation routes and a thriving business community. The property's multiple tenancy structure allows for a diverse range of potential tenants. This prime location offers an excellent opportunity for businesses seeking high-profile exposure in a dynamic and rapidly growing urban center. The property's versatile design and central location make it an ideal choice for businesses seeking a prominent presence in West Palm Beach. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $533,305

  6.5%

  $492,282

  7%

  $457,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $639,814

  Geo Method

  $639,814

• Alternative Use

  Use

  Valuation

  Residential

  $610,429

  Hospitality

  $559,150

  Educational

  $465,206

  Medical

  $481,205

  Retail

  $723,654

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7119

Longitude

-80.0517

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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