550 Okeechobee Boulevard #cu-1, West Palm Beach

$8,500,000

0 Bed
0 Bath
6,397 Sqft
.15 Acre
0 Garage

Incredible 24 ' ceiling space in the center of City Place Master plan , business , luxury residential , dining restaurants, and hotels. The subject space is zoned for restaurant, office, and retail use. 6400 +/- and 23 plus 1 handicap covered and enclosed parking can be divided . CAM Charges average between $11-$12 a sf.Projected NOI 580,000 Presently (2) Contiguous Triple Net Leases (4000 sf and 2400 sf )in progress including a premier decorative lighting, architectural lighting and design company with the most influential designers in the world. Build -Out in progress.

Essential Information
MLS® #RX-10923021
Price$8,500,000
Square Footage6,397
Acres0.15
Year Built2008
TypeCommercial
Sub-TypeRetail, Professional Office
StatusPrice Change
Style

Commercial Condo, Commercial, Office/Professional, Office/Retail, Office Space, Restaurant, Retail

Community Information
Address550 Okeechobee Boulevard #cu-1
Area5430
SubdivisionCITYPLACE SOUTH TOWER CONDO
CityWest Palm Beach
CountyPalm Beach
StateFL
Zip Code33401
Amenities
Utilities3-Phase Electric
Interior
AppliancesBuilding and Land
HeatingCentral
CoolingNone
# of Stories1
Exterior
Lot DescriptionRetail / Commercial
RoofFlat Tile
ConstructionConcrete
Additional Information
Date ListedSeptember 28th, 2023
Days on Market69
ZoningCPD(ci
Listing Details
OfficeHollis Realty Group, Inc.
Property History
Status Changed from Active to Price ChangeStatus Changed from New to ActivePrice Increased from $6,400,000 to $8,500,000
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Listing information last updated on May 11th, 2024 at 3:15pm EDT.