1217 S Flagler Dr - Medical FOR SALE


West Palm Beach, FL 33401
$10,000,000 USD
561-371-1768
1217 S Flagler Dr, West Palm Beach, FL for Sale
$10,000,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

1217 S Flagler Dr
West Palm Beach, FL 33401


HIGHLIGHTS

  • Waterfront property
  • Investment or Owner / User
  • Riparian Rights
  • Walking distance to Downtown
  • covered parking with EV stations

OVERVIEW

WATERFRONT GEM IN HEART OF WEST PALM BEACH Discover a unique investment opportunity in Downtown West Palm Beach. This one-of-a-kind 6,561 SF free-standing office building with riparian rights offers exclusive ownership in the most desirable area on the East Coast. Priced at $10,000,000, this property boasts a .29 AC land area. The ability to park up to 18 cars, making it a rare find. Positioned within the coveted Flagler Waterfront District, this boutique office space enjoys a short term Absolute NNN lease with income stability until April 30, 2028. Benefit from the property's prime location near Palm Beach Island, renowned dining, Museums, Theatre, CityPlace retail hub, top-tier residential developments like La Clara and The Bristol, Forte, and coming soon South Flagler House.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$1,524 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Flagler Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

POR

APN/PARCEL ID

74-43-43-27-26-001-0071

ASK ABOUT THIS PROPERTY

561-371-1768

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561-371-1768

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