2101 N Australian Ave - Office FOR SALE


West Palm Beach, FL 33407- Roosevelt Estates
$12,700,000 USD
561-281-6656
2101 N Australian Ave, West Palm Beach, FL for Sale
$12,700,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

2101 N Australian Ave
West Palm Beach, FL 33407
Roosevelt Estates


HIGHLIGHTS

  • Urban Infill Redevelopment Opportunity
  • Desirable Zoning with Residential Entitlements
  • Strategic Location with Regional Connectivity
  • Strong Demographic and Economic Growth

OVERVIEW

The Colliers Team is pleased to present this Offering Memorandum for University Preparatory Academy (the “Property”), a ±41,981 square foot education facility situated on a sprawling ±8.25-acre site at 2101 N Australian Avenue, West Palm Beach, FL 33407. Originally built in 1995, the Property is located within the West Palm Beach submarket, offering a rare infill redevelopment opportunity in one of South Florida’s most supply-constrained residential markets. The Property is currently improved as a private school under Use Code 7200 and zoned POR/PD – Professional Office Residential / Planned Development, which allows for a wide range of redevelopment options including multifamily residential. With over 8 acres of land, existing infrastructure, and immediate access to Interstate-95, U.S. 1, and Downtown West Palm Beach, the site is ideally positioned for a high-density residential project targeting the city’s growing demand for quality housing. Call for details.

FOR SALE DETAILS

PRICE

$12,700,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

University Preparatory Academy

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

74-43-43-16-26-001-0000

ASK ABOUT THIS PROPERTY

Bastian SchauerColliersMore Info
561-281-6656

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Bastian SchauerColliersMore Info
561-281-6656

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