1720 E Tiffany Dr - Office FOR SALE


West Palm Beach, FL 33407- Mangonia Park
$4,100,000 USD
954-740-1036
1720 E Tiffany Dr, West Palm Beach, FL for Sale
$4,100,000 USD
Office - FOR SALE
1/38
null | 9.23% Cap Rate

1720 E Tiffany Dr
West Palm Beach, FL 33407
Mangonia Park


OVERVIEW

On behalf of the owner, Shawn Hansen at One Commercial Real Estate, is pleased to present 1720 E Tiffany Drive, a rare opportunity to acquire a well-positioned professional office asset in the heart of West Palm Beach, Florida—one of the most dynamic and in-demand markets in the Southeast. Encompassing approximately 19,344 square feet, this two-story office building offers existing rental income from ground-floor tenants while also providing upside potential through leasing of remaining vacancies. It is ideal for owner-users seeking a presence in a central location or value-add investors targeting stabilized cash flow with growth potential. Strategically located just blocks from I-95, between Congress Avenue and Australian Avenue off 45th Street, the Property offers exceptional accessibility. It is conveniently near JFK Medical Center, St. Mary’s Medical Center, and a variety of nearby amenities, including restaurants, childcare facilities, and commuter rail access. The Building has recently undergone capital improvements, featuring: ·       Ample on-site parking ·       Renovated and well-maintained common areas ·       Bright office suites with abundant natural light and direct elevator exposure West Palm Beach continues to attract businesses due to its business-friendly tax climate, skilled workforce, and exceptional quality of life. 1720 E Tiffany Drive is located within a thriving commercial corridor that offers access to affluent demographics, world-class healthcare institutions, and top-tier shopping, dining, and entertainment. In addition, the Property provides excellent connectivity to major highways and Palm Beach International Airport, ensuring seamless travel and logistics access. This offering represents a unique opportunity to own a professional office asset in a premier South Florida market with strong economic fundamentals and long-term growth prospects. All HVAC is literally brand new on the roof and in the units. Upstairs is 100 percent built out new in the last year, and the Elevator computer, etc., are new in the last year. All common areas are new and updated, and all bathrooms are new, up and downstairs.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

9.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Professional Office Building in Prime West Pa

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

PCC, West Palm Beach

APN/PARCEL ID

44-43-43-05-23-000-0100

ASK ABOUT THIS PROPERTY

Shawn HansenONE Commercial Real EstateMore Info
954-740-1036

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Shawn HansenONE Commercial Real EstateMore Info
954-740-1036

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.