180 Royal Palm WayPalm Beach, FL 33480

Property Details for 180 Royal Palm Way

Year built

1971

Construction

CONCRETE

Lot size

0.46 AC

Property size (Sq ft)

19,500 SF

Zone code

C-TS

Property type

Office buildings

APN

50-43-43-23-05-026-0340

APU

50434323050260340

Description

This exceptional single-tenant office space, located at 180 Royal Palm Way, presents a unique opportunity for businesses seeking a prestigious and functional workspace. The property boasts a total area of 1,761 square feet, thoughtfully designed to include five individual offices, making it ideal for a variety of business configurations. The suite is offered as a turnkey solution, meaning it's ready for immediate occupancy, eliminating the need for extensive renovations or setup. The building itself is a single-suite structure, ensuring privacy and control over the entire space. While the lot size is not specified, the property's address and zoning designation, C-TS(c), indicate a commercially viable location. The property's APN is 50434323050260340. This turnkey office space is perfectly suited for businesses seeking a move-in ready solution in a prime location. The overall building size is 19,500 square feet, though this listing focuses on the available 1,761 square foot suite. This presents a rare opportunity to secure a well-appointed office space without the hassle of extensive preparation. The property is immediately available for lease. Interested parties should inquire promptly to secure this exceptional opportunity. The property is zoned C-TS(c).

• CAP approach

  CAP return

  Valuation

  6%

  $4,521,500

  6.5%

  $4,173,693

  7%

  $3,875,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,424,510

  Geo Method

  $5,424,510

• Alternative Use

  Use

  Valuation

  Residential

  $5,175,379

  Hospitality

  $4,740,620

  Educational

  $3,944,140

  Medical

  $4,079,785

  Retail

  $6,135,328

Location Insight

City

Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7052

Longitude

-80.0362

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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