255 Royal Poinciana Way - Storefront Retail/Residential FOR SALE


Palm Beach, FL 33480
$11,800,000 USD
215-353-8636
255 Royal Poinciana Way, Palm Beach, FL for Sale
$11,800,000 USD
Storefront Retail/Residential - FOR SALE
1/38
null | Request Cap Rate

255 Royal Poinciana Way
Palm Beach, FL 33480


HIGHLIGHTS

  • Residential AND commercial property at 255 Royal Poinciana Way offers a rare opportunity in one of Palm Beach's most sought-after locations.
  • This prime space provides high visibility and unparalleled convenience, with strong foot traffic!
  • A truly spectacular, brand-new, 4-bedroom, 4.5 bathroom apartment sits on top of this one-of-a-kind offering!

OVERVIEW

255 Royal Poinciana Way is beautifully situated in the civic heart of Palm Beach, offering a rare combination of commercial and residential use in today's market. The 1st floor (2,000+ SF) is currently leased as a retail store, and the 2nd floor (2,000+ SF) is a newly and fully renovated, spectacular 4 BR / 4.1 BA residence, nicely perched overlooking Royal Poinciana Way to the south and The Breakers Hotel to the east. Both spaces are fully leased at top rental rates. With the growing demand for flexible spaces, this offering of commercial and private residential use makes the property more appealing than ever, with its high visibility, strong customer traffic, and proximity to The Royal, The Breakers Hotel, and The White Elephant Hotel. An exceptional opportunity to secure a prime location in Palm Beach. Pricing: a) Entire Building: $11,800,000 b) Main Level Retail Space: $5,900,000, c) 2nd Floor Condo Apartment: $5,900,000

FOR SALE DETAILS

PRICE

$11,800,000 USD

PRICE/SF

$2,801 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Main Street News

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CTS, Palm Beach

APN/PARCEL ID

50-43-43-22-32-000-0130

ASK ABOUT THIS PROPERTY

Frances FrisbieFrisbie GroupMore Info
215-353-8636

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Frances FrisbieFrisbie GroupMore Info
215-353-8636

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